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April NYMEX Natural Gas Futures Contract Closed at $1.805 on Friday, March 8th

Par spragueoperati | mars 11, 2024 | 0 commentaire

Friday, March 8th saw the front-month NYMEX Natural Gas Futures Contract open at $1.781, nearly four cents below Thursday’s closing price of $1.818. Responding to tempered forecasts, reducing expected demand […]

A Brief Outage of the Keystone Pipeline Failed to Keep the Market Supported Ahead of the Weekend

Par spragueoperati | mars 11, 2024 | 0 commentaire

Recap: The oil market on Friday posted an outside trading day and ended the week down 2.45% after the market gave up its overnight gains as a brief outage on […]

April NYMEX Natural Gas Futures Contract Closed at $1.818 on Thursday, March 7th

Par spragueoperati | mars 8, 2024 | 0 commentaire

Thursday, March 7th saw the front-month NYMEX Natural Gas Futures Contract open at $1.915, just below Wednesday’s closing price of $1.929. Trading sideways near $1.910 leading up to the weekly […]

Expectations That U.S. Interest Rate Cuts Could Be Delayed Against Supportive Chinese Trade Data and Increased Tensions in the Middle East

Par spragueoperati | mars 8, 2024 | 0 commentaire

Recap: The oil market posted an inside trading day on Thursday as it weighed expectations that U.S. interest rate cuts could be delayed against supportive Chinese trade data and increased […]

April NYMEX Natural Gas Futures Contract Closed at $1.929 on Wednesday, March 6th

Par spragueoperati | mars 7, 2024 | 0 commentaire

Wednesday, March 6th saw the front-month NYMEX Natural Gas Futures Contract open at $1.963, just above Tuesday’s closing price of $1.957. Reaching the intraday high of $1.972 ahead of 9:30AM, […]

A Smaller Than Expected Build in Crude Stocks and Large Draws in Product Stocks

Par spragueoperati | mars 7, 2024 | 0 commentaire

Recap:  The crude market traded higher on Wednesday on a smaller than expected build in crude stocks and large draws in product stocks as well as remarks by U.S. Federal […]

April NYMEX Natural Gas Futures Contract Closed at $1.957 on Tuesday, March 5th

Par spragueoperati | mars 6, 2024 | 0 commentaire

Tuesday, March 5th saw the front-month NYMEX Natural Gas Futures Contract open at $1.914, nearly even to Monday’s closing price of $1.916. Trading within a tight band near $1.910 throughout […]

China Announced an Economic Growth Target of 5% for 2024

Par spragueoperati | mars 6, 2024 | 0 commentaire

Recap:  The oil market continued to trend lower for the second consecutive session after China’s economic growth targets provided little optimism about an immediate economic rebound. China announced an economic […]

April NYMEX Natural Gas Futures Contract Closed at $1.916 on Monday, March 4th

Par spragueoperati | mars 5, 2024 | 0 commentaire

Monday, March 4th saw the front-month NYMEX Natural Gas Futures Contract open at $1.971, fourteen cents above Friday’s closing price of $1.835. Prices were directed higher before markets opened yesterday, […]

An Inside Trading Day on Monday Following the Widely Expected Extension of Voluntary Output Cuts

Par spragueoperati | mars 5, 2024 | 0 commentaire

Recap:  The oil market posted an inside trading day on Monday following the widely expected extension of voluntary output cuts through the middle of the year by OPEC+. On Sunday, […]