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Sprague Operating Resources LLC (Sprague) Introduces Renewable Diesel to NY Metro Area Low Carbon Liquid Fuels offer immediate, substantial emissions reduction. New York, NY – August 15, 2023 – […]
Price Pressure Appeared to Come From the News that Nigerian Forcados Crude Exports Resumed on Sunday
Recap: The oil markets spent much of the trading session today on the defensive as the bearish contagion from global equity markets regarding concerns over the sputtering Chinese economy kept […]
Friday, August 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.752, a penny below Thursday’s closing price of $2.763. Trending lower through the morning hours to record […]
Recap: The oil market on Friday traded higher and posted its seventh consecutive weekly gain, matching the longest winning streak since February 10, 2022. The market traded lower in overnight […]
Thursday, August 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.893, nearly seven cents below Tuesday’s closing price of $2.959. Marking the intraday high of $2.900 early […]
Recap: The oil market on Thursday posted an outside trading day as it sold off following the release of the CPI report, which showed that inflation increased in July for […]
Wednesday, August 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.943, nearly seventeen cents above Tuesday’s closing price of $2.777. Continuing the previous day’s momentum, based on […]
Recap: The oil market rallied higher on Wednesday as draws in U.S. fuel stocks helped offset some concerns of weaker demand from China as the country’s crude oil imports in […]
Tuesday, August 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.753, three cents above Monday’s closing price of $2.725. Falling to the intraday low of $2.719 soon […]
Recap: The oil market rebounded from its earlier losses as the EIA forecast a better economic outlook than previously expected. In overnight trading, the crude market sold off sharply and […]