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The Market Remained Pressured in Overnight Trading Following the Unexpected Build in Crude Stocks of Over 12 Million Barrels

Par spragueoperati | octobre 13, 2023 | Commentaires fermés sur The Market Remained Pressured in Overnight Trading Following the Unexpected Build in Crude Stocks of Over 12 Million Barrels

Recap: The crude market on Thursday sold off on large builds reported in the weekly petroleum stocks reports. The market remained pressured in overnight trading following the unexpected build in […]

Fears of a Disruption to Supplies Amid the Conflict in the Middle East Receded After Saudi Arabia Pledged to Help Stabilize the Market

Par spragueoperati | octobre 12, 2023 | Commentaires fermés sur Fears of a Disruption to Supplies Amid the Conflict in the Middle East Receded After Saudi Arabia Pledged to Help Stabilize the Market

Recap:   The oil market on Tuesday sold off as fears of a disruption to supplies amid the conflict in the Middle East receded after Saudi Arabia pledged to help stabilize […]

The Oil Market Posted an Inside Trading Day as it Took a Breather Following Monday’s Volatility

Par spragueoperati | octobre 11, 2023 | Commentaires fermés sur The Oil Market Posted an Inside Trading Day as it Took a Breather Following Monday’s Volatility

Recap: The oil market posted an inside trading day as it took a breather following Monday’s volatility but remained cautious amid the military clashes between Israel and the Palestinian Islamist […]

The Oil Market Rallied Higher on Monday After Military Clashes Between Israel and the Palestinian Islamist Group Hamas Prompted Fears of Instability in the Middle East

Par spragueoperati | octobre 10, 2023 | Commentaires fermés sur The Oil Market Rallied Higher on Monday After Military Clashes Between Israel and the Palestinian Islamist Group Hamas Prompted Fears of Instability in the Middle East

Recap: The oil market rallied higher on Monday after military clashes between Israel and the Palestinian Islamist group Hamas prompted fears of instability in the Middle East. The market retraced […]

November NYMEX Natural Gas Futures Contract Closed at $3.338 on Friday, October 6th

Par spragueoperati | octobre 9, 2023 | Commentaires fermés sur November NYMEX Natural Gas Futures Contract Closed at $3.338 on Friday, October 6th

The Sprague Natural Gas MarketWatch will be on hiatus for the rest of this week, returning Monday October 16th. Friday, October 6th saw the front-month NYMEX Natural Gas Futures Contract […]

The Market Was Pressured Early in the Session Following Another Partial Lifting of Russia’s Fuel Export Ban

Par spragueoperati | octobre 9, 2023 | Commentaires fermés sur The Market Was Pressured Early in the Session Following Another Partial Lifting of Russia’s Fuel Export Ban

Recap: The oil market ended the session in positive territory but ended the week down 8.81%, the largest weekly decline since the week ending March 17th. The market was pressured […]

November NYMEX Natural Gas Futures Contract Closed at $3.166 on Thursday, October 5th

Par spragueoperati | octobre 6, 2023 | Commentaires fermés sur November NYMEX Natural Gas Futures Contract Closed at $3.166 on Thursday, October 5th

Thursday, October 5th saw the front-month NYMEX Natural Gas Futures Contract open at $3.026, six cents above Wednesday’s closing price of $2.962. Marking the intraday low of $3.020 shortly after […]

The Crude Market Remained Pressured as an Uncertain Demand Outlook Overshadowed an OPEC+ Decision to Maintain its Output Cuts

Par spragueoperati | octobre 6, 2023 | Commentaires fermés sur The Crude Market Remained Pressured as an Uncertain Demand Outlook Overshadowed an OPEC+ Decision to Maintain its Output Cuts

Recap: The oil market on Thursday continued on its downward spiral, posting a 7.8% decline over the past two trading sessions, the largest two-day decline since May 3rd. Crude is […]

November NYMEX Natural Gas Futures Contract Closed at $2.962 on Wednesday, October 4th

Par spragueoperati | octobre 5, 2023 | Commentaires fermés sur November NYMEX Natural Gas Futures Contract Closed at $2.962 on Wednesday, October 4th

Wednesday, October 4th saw the front-month NYMEX Natural Gas Futures Contract open at $3.008, six cents above Tuesday’s closing price of $2.949. Finding support early prices rose to record an […]

The oil market sold off more than $5 on Wednesday

Par spragueoperati | octobre 5, 2023 | Commentaires fermés sur The oil market sold off more than $5 on Wednesday

Recap: The oil market sold off more than $5 on Wednesday as demand fears offset the pledges by Saudi Arabia and Russia to continue cutting output until the end of […]