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Concerns About Demand Growth Just Ahead of the Federal Reserve’s Policy Meeting on Wednesday

Par spragueoperati | juin 13, 2023 | 0 commentaire

Recap:  The oil market sold off sharply on Monday amid some market analysis highlighting increasing global supplies and concerns about demand growth just ahead of the Federal Reserve’s policy meeting […]

July NYMEX Natural Gas Futures Contract Closed at $2.254 on Friday, June 9th

Par spragueoperati | juin 12, 2023 | 0 commentaire

Friday, June 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.284, seven cents below Thursday’s closing price of $2.352. Knocked down overnight by revised short-term forecasts calling […]

The Oil Market Posted an Inside Trading Day on Friday and Ended the Week Down More Than 2% Following Thursday’s Volatile Trading Session

Par spragueoperati | juin 12, 2023 | 0 commentaire

Recap:  The oil market posted an inside trading day on Friday and ended the week down more than 2% following Thursday's volatile trading session. The market on Thursday lost more […]

July NYMEX Natural Gas Futures Contract Closed at $2.352 on Thursday, June 8th

Par spragueoperati | juin 9, 2023 | 0 commentaire

Thursday, June 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.334, just above Wednesday’s closing price of $2.329. Trading along $2.320 heading into the weekly storage publication, […]

The Market Rallied to its High Early in the Morning Before it Sold Off Sharply on a Report of Progress Toward a Deal Between the U.S. and Iran

Par spragueoperati | juin 9, 2023 | 0 commentaire

Recap:  The oil market posted an outside trading day, with the market rallying to its high early in the morning before it sold off sharply on a report of progress […]

July NYMEX Natural Gas Futures Contract Closed at $2.329 on Wednesday, June 7th

Par spragueoperati | juin 8, 2023 | 0 commentaire

Wednesday, June 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.318, nearly six cents above Tuesday’s closing price of $2.262. Recording the intraday high of $2.345 before […]

The Oil Market Retraced Some of its Previous Losses on Wednesday Amid Unexpected Draws Reported in Crude Stocks

Par spragueoperati | juin 8, 2023 | 0 commentaire

Recap:  The oil market retraced some of its previous losses on Wednesday amid unexpected draws reported in crude stocks. The crude market traded sideways in overnight trading as it traded […]

July NYMEX Natural Gas Futures Contract Closed at $2.262 on Tuesday, June 6th

Par spragueoperati | juin 7, 2023 | 0 commentaire

Tuesday, June 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.201, four cents below Monday’s closing price of $2.245. Digesting the updated bullish weather forecasts overnight, the […]

Concerns Over Global Economic Growth Outweighed Saudi Arabia’s Pledge Over the Weekend to Increase its Output Cuts

Par spragueoperati | juin 7, 2023 | 0 commentaire

Recap:   The oil market erased Monday’s gains and retraced almost 62% of its move from a recent low of $67.03 to its high of $75.06 on profit taking. Concerns over […]

July NYMEX Natural Gas Futures Contract Closed at $2.245 on Monday, June 5th

Par spragueoperati | juin 6, 2023 | 0 commentaire

Monday, June 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.263, nine cents above Friday’s closing price of $2.172. Seeking direction throughout the morning, following the overnight […]