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The Market Fell Almost 5% to a Four Month Low on Concerns Over Demand

Par spragueoperati | novembre 20, 2023 | 0 commentaire

Recap:  The oil market posted an inside trading day on Friday and settled higher but still posted its fourth consecutive week of losses. The market retraced some of its sharp […]

December NYMEX Natural Gas Futures Contract Closed at $3.062 on Thursday, November 16th

Par spragueoperati | novembre 17, 2023 | 0 commentaire

Thursday, November 16th saw the front-month NYMEX Natural Gas Futures Contract open at $3.188, nearly even to Wednesday’s closing price of $3.190. Recording the intraday high of $3.195 minutes after […]

Concerns Over Demand in Light of Some Weak Economic Data

Par spragueoperati | novembre 17, 2023 | 0 commentaire

Recap:  The oil market on Thursday sold off sharply to its lowest level in four months amid concerns over demand in light of some weak economic data. The oil market, […]

December NYMEX Natural Gas Futures Contract Closed at $3.190 on Wednesday, November 15th

Par spragueoperati | novembre 16, 2023 | 0 commentaire

Wednesday, November 15th saw the front-month NYMEX Natural Gas Futures Contract open at $3.184, eight cents above Tuesday’s closing price of $3.106. Fluctuating along $3.180 early on and falling to […]

The Oil Market on Wednesday Erased Some of its Recent Gains Following the Larger Than Expected Builds in U.S. Crude Stocks

Par spragueoperati | novembre 16, 2023 | 0 commentaire

Recap:  The oil market on Wednesday erased some of its recent gains following the larger than expected builds in U.S. crude stocks. The oil market traded to a high of […]

December NYMEX Natural Gas Futures Contract Closed at $3.106 on Tuesday, November 14th

Par spragueoperati | novembre 15, 2023 | 0 commentaire

Tuesday, November 14th saw the front-month NYMEX Natural Gas Futures Contract open at $3.151, nearly five cents below Monday’s closing price of $3.197. Moving gradually higher to peak at an […]

The U.S. Dollar Fell on Data Showing Inflation Was Slowing

Par spragueoperati | novembre 15, 2023 | 0 commentaire

Recap:  The crude market continued on its upward trend on Tuesday, retracing more of last week’s sharp losses after the IEA increased its demand growth forecasts and the U.S. dollar […]

December NYMEX Natural Gas Futures Contract Closed at $3.197 on Monday, November 13th

Par spragueoperati | novembre 14, 2023 | 0 commentaire

Monday, November 13th saw the front-month NYMEX Natural Gas Futures Contract open at $3.156, twelve cents above Friday’s closing price of $3.033. Continuing the pre-session rally, prices rose to $3.193 […]

OPEC Issued a Report that Countered Concerns Over Declining Demand in the U.S. and China

Par spragueoperati | novembre 14, 2023 | 0 commentaire

Recap:  The crude market on Monday continued to retrace last week’s losses after OPEC issued a report that countered concerns over declining demand in the U.S. and China. In its […]

December NYMEX Natural Gas Futures Contract Closed at $3.033 on Friday, November 10th

Par spragueoperati | novembre 13, 2023 | 0 commentaire

Friday, November 10th saw the front-month NYMEX Natural Gas Futures Contract open at $3.054, a penny above Thursday’s closing price of $3.041. Ascending to the intraday high of $3.077 by […]