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August NYMEX Natural Gas Futures Contract Closed at $2.125 on Thursday, July 18th

Par spragueoperati | juillet 19, 2024 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.125 on Thursday, July 18th

Thursday, July 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.077, four cents above Wednesday’s closing price of $2.035. Continuing its pre-opening ascent to trade near $2.095 […]

The Oil Market Rallied Higher on Wednesday in Light of the Larger Than Expected Fall in U.S. Crude Oil Stocks

Par spragueoperati | juillet 18, 2024 | Commentaires fermés sur The Oil Market Rallied Higher on Wednesday in Light of the Larger Than Expected Fall in U.S. Crude Oil Stocks

Recap:  The oil market rallied higher on Wednesday in light of the larger than expected fall in U.S. crude oil stocks and a weaker U.S. dollar offsetting any pressure from […]

August NYMEX Natural Gas Futures Contract Closed at $2.035 on Wednesday, July 17th

Par spragueoperati | juillet 18, 2024 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.035 on Wednesday, July 17th

Wednesday, July 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.174, a penny below Tuesday’s closing price of $2.188. Recording the intraday high as markets opened, prices […]

The Oil Market Continued to Trend Lower for the Third Consecutive Session

Par spragueoperati | juillet 17, 2024 | Commentaires fermés sur The Oil Market Continued to Trend Lower for the Third Consecutive Session

Recap:  The oil market continued to trend lower for the third consecutive session as market sentiment was weighed by concerns over a slowing Chinese economy cutting oil demand. The market […]

August NYMEX Natural Gas Futures Contract Closed at $2.188 on Tuesday, July 16th

Par spragueoperati | juillet 17, 2024 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.188 on Tuesday, July 16th

Tuesday, July 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.195, four cents above Monday’s closing price of $2.158. Clawing back some of the losses from the […]

Oil Prices Stall as Economic Worries Offset Supply Concerns and Refinery Shutdowns

Par Emerson Doiron | juillet 16, 2024 | Commentaires fermés sur Oil Prices Stall as Economic Worries Offset Supply Concerns and Refinery Shutdowns

Recap:  The oil market traded mostly sideways as the market weighed concern over demand in China against supportive U.S. economic data reported last week and the continuing geopolitical tensions in […]

August NYMEX Natural Gas Futures Contract Closed at $2.158 on Monday, July 15th

Par Emerson Doiron | juillet 16, 2024 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.158 on Monday, July 15th

Monday, July 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.223, eleven cents below Friday’s closing price of $2.329. Knocked down following Friday’s rally, rising production rates […]

Oil Market Recap: Prices Settle Lower After Mixed Economic Data

Par Emerson Doiron | juillet 15, 2024 | Commentaires fermés sur Oil Market Recap: Prices Settle Lower After Mixed Economic Data

Recap:  The oil market ended lower on Friday as the market weighed the easing of inflation against weaker consumer sentiment. Early in the session, the market continued to trend higher […]

August NYMEX Natural Gas Futures Contract Closed at $2.329 on Friday, July 12th

Par Emily Beckett | juillet 15, 2024 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.329 on Friday, July 12th

Friday, July 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.281, a penny above Thursday’s closing price of $2.268. Recording the intraday low of $2.262 at 9:15AM, […]

The Market Continued to Trade Higher in Overnight Trading on the Supportive EIA Weekly Petroleum Stocks Report

Par Emerson Doiron | juillet 12, 2024 | Commentaires fermés sur The Market Continued to Trade Higher in Overnight Trading on the Supportive EIA Weekly Petroleum Stocks Report

Recap:  The crude market on Thursday rallied higher and settled in positive territory for the second consecutive day on supportive economic news. The market continued to trade higher in overnight […]