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Economic Concerns and Signs of Increased Supplies Despite the Prospects of the U.S. Soon Refilling its SPR

Par spragueoperati | mai 15, 2023 | 0 commentaire

Recap:  The oil market continued on its downward trend on Friday, trading back below the $70.00 level amid economic concerns and signs of increased supplies despite the prospects of the […]

June NYMEX Natural Gas Futures Contract Closed at $2.190 on Thursday, May 11th

Par spragueoperati | mai 12, 2023 | 0 commentaire

Thursday, May 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.176, three cents below Wednesday’s closing price of $2.191. Ascending to trade along the $2.200 level leading […]

On Thursday, the Market Continued to Retrace its Previous Losses

Par spragueoperati | mai 12, 2023 | 0 commentaire

Recap:  On Thursday, the oil market continued to retrace its previous losses as increasing jobless claims and a stronger dollar weighed on sentiment. The market traded sideways in overnight trading […]

June NYMEX Natural Gas Futures Contract Closed at $2.191 on Wednesday, May 10th

Par spragueoperati | mai 11, 2023 | 0 commentaire

Wednesday, May 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.223, three cents below Tuesday’s closing price of $2.267. Losing ground early on, prices retreated to the […]

The Oil Market Traded Mostly Sideways in Overnight Trading but Sold Off and Traded to its Lows

Par spragueoperati | mai 11, 2023 | 0 commentaire

Recap:  The oil market traded mostly sideways in overnight trading but sold off and traded to its lows in afternoon trading, ending a three day rally amid an unexpected build […]

June NYMEX Natural Gas Futures Contract Closed at $2.267 on Tuesday, May 9th

Par spragueoperati | mai 10, 2023 | 0 commentaire

Tuesday, May 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.278, four cents above Monday’s closing price of $2.238. Marking the intraday high of $2.297 within minutes […]

The Oil Market Looked Ready to Post an Inside Trading Day Before the Market Rallied to its Highs Ahead of the Close

Par spragueoperati | mai 10, 2023 | 0 commentaire

Recap:  The oil market looked ready to post an inside trading day before the market rallied to its highs ahead of the close. The market had traded to $73.08 in […]

June NYMEX Natural Gas Futures Contract Closed at $2.238 on Monday, May 8th

Par spragueoperati | mai 9, 2023 | 0 commentaire

Monday, May 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.211, seven cents above Friday’s closing price of $2.137. Riding Friday’s wave of momentum, prices briefly dipped […]

Some Traders Saw the Recent Fall in Prices Due to Demand Concerns as Overdone

Par spragueoperati | mai 9, 2023 | 0 commentaire

Recap:  The oil market on Monday rallied higher as recession fears eased and as some traders saw the recent fall in prices due to demand concerns as overdone. The market […]

June NYMEX Natural Gas Futures Contract Closed at $2.137 on Friday, May 5th

Par spragueoperati | mai 8, 2023 | 0 commentaire

Friday, May 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.082, two cents below Thursday’s closing price of $2.101. Recording the intraday low of $2.072 soon after […]