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The Oil Market Reversed Monday’s Small Declines and Continued on its Recent Uptrend

Par spragueoperati | septembre 13, 2023 | Commentaires fermés sur The Oil Market Reversed Monday’s Small Declines and Continued on its Recent Uptrend

Recap:   The oil market reversed Monday’s small declines and continued on its recent uptrend. The market was supported by a tighter supply outlook and as OPEC maintained its demand growth […]

October NYMEX Natural Gas Futures Contract Closed at $2.608 on Monday, September 11th

Par spragueoperati | septembre 12, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.608 on Monday, September 11th

Monday, September 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.595, a penny below Friday’s closing price of $2.605. Seeking direction in the session’s opening hour, prices […]

The Market Awaited Monthly U.S. Economic Data on Inflation and Retail Sales Later This Week

Par spragueoperati | septembre 12, 2023 | Commentaires fermés sur The Market Awaited Monthly U.S. Economic Data on Inflation and Retail Sales Later This Week

Recap:  The oil market traded mostly sideways on Monday as the market awaited monthly U.S. economic data on inflation and retail sales later this week. The market traded sideways in […]

October NYMEX Natural Gas Futures Contract Closed at $2.605 on Friday, September 8th

Par spragueoperati | septembre 11, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.605 on Friday, September 8th

Friday, September 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.632, five cents above Thursday’s closing price of $2.579. Traders sustained the previous day’s storage-induced rally throughout […]

The Market Remained Well Supported by Saudi Arabia and Russia’s Voluntary Extension of Their Combined Output Cuts

Par spragueoperati | septembre 11, 2023 | Commentaires fermés sur The Market Remained Well Supported by Saudi Arabia and Russia’s Voluntary Extension of Their Combined Output Cuts

Recap:  The oil market on Friday posted an outside trading day but continued to trade within Wednesday’s trading range. The market, which continued to take further profits in overnight trading, […]

October NYMEX Natural Gas Futures Contract Closed at $2.579 on Thursday, September 7th

Par spragueoperati | septembre 8, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.579 on Thursday, September 7th

Thursday, September 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.509, nearly even to Wednesday’s closing price of $2.510. Marking the intraday low of $2.500 within minutes […]

The Oil Market Posted an Inside Trading Day and Ended the Session in Negative Territory, Ending a Nine-Day Streak of Gains

Par spragueoperati | septembre 8, 2023 | Commentaires fermés sur The Oil Market Posted an Inside Trading Day and Ended the Session in Negative Territory, Ending a Nine-Day Streak of Gains

Recap:  The oil market posted an inside trading day and ended the session in negative territory, ending a nine-day streak of gains. The market traded lower on profit-taking. The crude […]

October NYMEX Natural Gas Futures Contract Closed at $2.510 on Wednesday, September 6th

Par spragueoperati | septembre 7, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.510 on Wednesday, September 6th

Wednesday, September 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.542, four cents below Monday’s closing price of $2.582. Achieving the intraday high and low of the […]

The Crude Market Traded Higher in Follow Through Strength Seen on Tuesday

Par spragueoperati | septembre 7, 2023 | Commentaires fermés sur The Crude Market Traded Higher in Follow Through Strength Seen on Tuesday

Recap:   On Wednesday, the crude market traded higher in follow through strength seen on Tuesday in light of the Saudi and Russian decision to extend their output cuts until the […]

October NYMEX Natural Gas Futures Contract Closed at $2.582 on Tuesday, September 5th

Par spragueoperati | septembre 6, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.582 on Tuesday, September 5th

Tuesday, September 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.603, sixteen cents below Friday’s closing price of $2.765. Knocked down over the long weekend, by forecasts […]