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The Market Remained Focused on the Unexpected Inventory Builds Reported by the EIA

Par Emily Beckett | juin 17, 2024 | Commentaires fermés sur The Market Remained Focused on the Unexpected Inventory Builds Reported by the EIA
Fleet of white fuel trucks parked at a terminal loading facility with overlay text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap:  The oil market on Friday posted its first weekly gain in a month as it settled up 3.87%, despite it ending the session down 0.22% on the day. It […]

July NYMEX Natural Gas Futures Contract Closed at $2.881 on Friday, June 14th

Par Emily Beckett | juin 17, 2024 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.881 on Friday, June 14th
Blue-tinted image of a lit natural gas stove burner with the text 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle overlay.

Friday, June 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.918, four cents below Thursday’s closing price of $2.959. Attaining an intraday high of $2.974 by 9:45AM, […]

The Oil Market Traded Mostly Sideways and Ended Slightly Higher on Thursday

Par Emerson Doiron | juin 14, 2024 | Commentaires fermés sur The Oil Market Traded Mostly Sideways and Ended Slightly Higher on Thursday
Industrial storage tanks at a fuel terminal with city skyline in the background, overlaid with the text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap: The oil market traded mostly sideways and ended slightly higher, up 0.15% on the day,as the market weighed the builds in crude and product stocks and expectations of slow […]

July NYMEX Natural Gas Futures Contract Closed at $2.959 on Thursday, June 13th

Par Emerson Doiron | juin 14, 2024 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.959 on Thursday, June 13th
Digital stock market display board over a cityscape background with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Thursday, June 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.970, seven cents below Wednesday’s closing price of $3.045. Trading along $3.010 through the day’s opening hour, […]

The Federal Reserve Held Interest Rates Steady Following the End of its Two-Day Policy Setting Meeting

Par Emily Beckett | juin 13, 2024 | Commentaires fermés sur The Federal Reserve Held Interest Rates Steady Following the End of its Two-Day Policy Setting Meeting
Sprague Energy renewable diesel truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The crude market continued on its upward trend on Wednesday, although it gave up some of its earlier gains after the Federal Reserve held interest rates steady and penciled […]

July NYMEX Natural Gas Futures Contract Closed at $3.045 on Wednesday, June 12th

Par Emily Beckett | juin 13, 2024 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $3.045 on Wednesday, June 12th
Blue-tinted image of a lit natural gas stove burner with the text 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle overlay.

Wednesday, June 12th saw the front-month NYMEX Natural Gas Futures Contract open at $3.051, seven cents below Tuesday’s closing price of $3.129. Battling upward on the back of forecasted elevated […]

The Oil Market on Tuesday Traded Higher as the EIA Raised its World Oil Demand Growth Estimate for the Year

Par Emily Beckett | juin 12, 2024 | Commentaires fermés sur The Oil Market on Tuesday Traded Higher as the EIA Raised its World Oil Demand Growth Estimate for the Year
Smiling man in a cap and vest stands near a fuel tanker truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The oil market on Tuesday traded higher as the EIA raised its world oil demand growth estimate for the year, while OPEC maintained its forecast for strong growth in […]

July NYMEX Natural Gas Futures Contract Closed at $3.129 on Tuesday, June 11th

Par Emily Beckett | juin 12, 2024 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $3.129 on Tuesday, June 11th
Commercial kitchen scene with chefs preparing food, overlaid with the text 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Tuesday, June 11th saw the front-month NYMEX Natural Gas Futures Contract open at $3.050, fourteen cents above Monday’s closing price of $2.906. Bolstered overnight by extended forecasts calling for above […]

The Market Was Well Supported By Hopes of Increasing Fuel Demand This Summer

Par Emily Beckett | juin 11, 2024 | Commentaires fermés sur The Market Was Well Supported By Hopes of Increasing Fuel Demand This Summer
Industrial storage tanks at a fuel terminal with city skyline in the background, overlaid with the text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap:  The crude market on Monday rallied higher, recovering after three weeks of losses. The market was well supported by hopes of increasing fuel demand this summer. Goldman Sachs analysts […]

July NYMEX Natural Gas Futures Contract Closed at $2.906 on Monday, June 10th

Par Emily Beckett | juin 11, 2024 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.906 on Monday, June 10th
Digital stock market display board over a cityscape background with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Monday, June 10th saw the front-month NYMEX Natural Gas Futures Contract open at $3.055, nearly fourteen cents above Friday’s closing price of $2.918. Trading above the $3.00 mark for the […]