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Traders Weighed the Impact of the Federal Reserve Potentially Raising Interest Rates

Par spragueoperati | mai 2, 2023 | 0 commentaire

Recap:  The oil market posted an inside trading day on Monday as traders weighed the impact of the Federal Reserve potentially raising interest rates and weaker Chinese manufacturing data against […]

June NYMEX Natural Gas Futures Contract Closed at $2.410 on Friday, April 28th

Par spragueoperati | mai 1, 2023 | 0 commentaire

Friday, April 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.465, twenty-one cents above Thursday’s closing price of $2.355. Spiking to a six-week intraday high of $2.503 […]

U.S. Economic Data and Uncertainty Over Further Interest Rate Increases Weighed on the Demand Outlook

Par spragueoperati | mai 1, 2023 | 0 commentaire

Recap:  The oil market rallied higher on Friday and settled in positive territory, while it posted a weekly decline for a second consecutive week after U.S. economic data and uncertainty […]

June NYMEX Natural Gas Futures Contract Closed at $2.355 on Thursday, April 27th

Par spragueoperati | avril 28, 2023 | 0 commentaire

Thursday, April 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.297, a penny below Wednesday’s closing price of $2.305. Trading along either side of the $2.325 level […]

The Oil Market on Thursday Retraced Some of Wednesday’s Sharp Losses and Remained Mostly Rangebound

Par spragueoperati | avril 28, 2023 | 0 commentaire

Recap:  The oil market on Thursday retraced some of Wednesday’s sharp losses and remained mostly rangebound. The market steadied as Russia’s Deputy Prime Minister, Alexander Novak, described oil markets as […]

June NYMEX Natural Gas Futures Contract Closed at $2.305 on Wednesday, April 26th

Par spragueoperati | avril 27, 2023 | 0 commentaire

Wednesday, April 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.215, nine cents below Tuesday’s closing price of $2.307. Retreating throughout the day, May settled lower on […]

The Oil Market Continued to Trend Lower on Wednesday, Extending the Losses Seen During Tuesday’s Session

Par spragueoperati | avril 27, 2023 | 0 commentaire

Recap:  The oil market continued to trend lower on Wednesday, extending the losses seen during Tuesday’s session as weak economic data raised concerns over a recession. The market retraced some […]

May NYMEX Natural Gas Futures Contract Closed at $2.307 on Tuesday, April 25th

Par spragueoperati | avril 26, 2023 | 0 commentaire

Tuesday, April 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.214, five cents below Monday’s closing price of $2.273. Posting a steady rise throughout the day, marking […]

The Oil Market Traded Lower on Tuesday After Two Sessions of Gains

Par spragueoperati | avril 26, 2023 | 0 commentaire

Recap:   The oil market traded lower on Tuesday after two sessions of gains as concerns over the global economic outlook and a firmer dollar countered optimism about demand in China. […]

May NYMEX Natural Gas Futures Contract Closed at $2.273 on Monday, April 24th

Par spragueoperati | avril 25, 2023 | 0 commentaire

Monday, April 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.198, three cents below Friday’s closing price of $2.233. Tallying the intraday low of $2.193 by 9:30AM, prices […]