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U.S. Recession Fears Eased and Concerns Over Tensions in the Middle East Intensified

Par Emily Beckett | août 13, 2024 | 0 commentaire

Recap:  The oil market continued to trend higher for a fifth consecutive session, extending gains seen in the previous week as U.S. recession fears eased and concerns over tensions in […]

September NYMEX Natural Gas Futures Contract Closed at $2.189 on Monday, August 12th

Par Emily Beckett | août 13, 2024 | 0 commentaire

Monday, August 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.226, eight cents above Friday’s closing price of $2.143. Attempting to continue last week’s rally, the contract […]

Tightening Supplies Following the Sixth Weekly Drawdown in U.S. Crude Stocks

Par Emily Beckett | août 12, 2024 | 0 commentaire

Recap:  The oil market traded higher on Friday as it continued to retrace its previous losses seen earlier in the week. The market posted its first weekly gain in five […]

September NYMEX Natural Gas Futures Contract Closed at $2.143 on Friday, August 9th

Par Emily Beckett | août 12, 2024 | 0 commentaire

Friday, August 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.182, nearly six cents above Thursday’s closing price of $2.127. Recording the intraday high of $2.187 within […]

What is the Difference Between Renewable Diesel and Biodiesel?

Par Emily Beckett | août 9, 2024 | 0 commentaire

In the quest for sustainable energy solutions, renewable diesel and biodiesel have emerged as two prominent biofuels. While they are often confused due to their similar origins and goals, renewable […]

Escalating Tensions in the Middle East Offset Demand Concerns That Had Pushed the Market to its Lowest Levels

Par Emily Beckett | août 9, 2024 | 0 commentaire

Recap:  The crude market on Thursday continued to retrace its recent losses as increasing concerns over escalating tensions in the Middle East offset demand concerns that had pushed the market […]

September NYMEX Natural Gas Futures Contract Closed at $2.127 on Thursday, August 8th

Par Emily Beckett | août 9, 2024 | 0 commentaire

Thursday, August 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.081, three cents below Wednesday’s closing price of 2.112. Falling to the intraday low of $2.028 by […]

The Market Recovered From a Sharp Sell Off Prompted By Losses in the Equities Market

Par Emily Beckett | août 8, 2024 | 0 commentaire

Recap:  The crude market rallied higher on Wednesday in light of a larger than expected draw in crude stocks. The oil market traded to a low of $72.58 in overnight […]

September NYMEX Natural Gas Futures Contract Closed at $2.112 on Wednesday, August 7th

Par Emily Beckett | août 8, 2024 | 0 commentaire

Wednesday, August 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.099, nine cents above Tuesday’s closing price of $2.010. Recording the intraday low of $2.059 multiple times […]

The Market’s Losses Were Limited by Concerns that Iran May Retaliate Against Israel and the U.S.

Par Emily Beckett | août 7, 2024 | 0 commentaire

Recap:  The oil market traded mostly sideways on Tuesday after it retraced some of Monday’s sharp losses in overnight trading. The market breached its previous high of $74.46 and posted […]