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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 […]

Saudi Arabia and Russia Extended Their Voluntary Supply Cuts by Three Months to the End of the Year

Par spragueoperati | septembre 6, 2023 | Commentaires fermés sur Saudi Arabia and Russia Extended Their Voluntary Supply Cuts by Three Months to the End of the Year

Recap:  The oil market rallied higher on Tuesday after Saudi Arabia and Russia extended their voluntary supply cuts by three months to the end of the year. The market traded […]

October NYMEX Natural Gas Futures Contract Closed at $2.765 on Friday, September 1st

Par spragueoperati | septembre 5, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.765 on Friday, September 1st

Friday, September 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.819, five cents above Thursday’s closing price of $2.768. Climbing steadily early on to record an intraday […]

Economic Indicators Continued to Surprise Market Participants by the Resiliency of the U.S. Economy

Par spragueoperati | septembre 5, 2023 | Commentaires fermés sur Economic Indicators Continued to Surprise Market Participants by the Resiliency of the U.S. Economy

Recap: The oil markets basically kept moving higher again on Friday, as economic indicators continued to surprise market participants by the resiliency of the U.S. economy. In addition growing market […]

October NYMEX Natural Gas Futures Contract Closed at $2.768 on Thursday, August 31st

Par spragueoperati | septembre 1, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.768 on Thursday, August 31st

Thursday, August 31st saw the front-month NYMEX Natural Gas Futures Contract open at $2.793, nearly even to Wednesday’s closing price of $2.796. Losing ground to trade along $2.750 heading into […]

Potential Russian Agreement with OPEC+ to Extend Current Production Cuts into October

Par spragueoperati | septembre 1, 2023 | Commentaires fermés sur Potential Russian Agreement with OPEC+ to Extend Current Production Cuts into October

Recap: The NYMEX October WTI contract continued to surge higher today, settling up for the seventh consecutive trading session and recording its highest settlement since August 9th as it settled […]

October NYMEX Natural Gas Futures Contract Closed at $2.796 on Wednesday, August 30th

Par spragueoperati | août 31, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.796 on Wednesday, August 30th

Wednesday, August 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.650, a penny below Tuesday’s closing price of $2.662. Following a brief dip to the intraday low […]

The Oil Market Continued to Trend Higher on Wednesday in Light of the Weekly Petroleum Stocks Report Showing Larger Than Expected Draws in Oil Stocks

Par spragueoperati | août 31, 2023 | Commentaires fermés sur The Oil Market Continued to Trend Higher on Wednesday in Light of the Weekly Petroleum Stocks Report Showing Larger Than Expected Draws in Oil Stocks

Recap:  The oil market continued to trend higher on Wednesday in light of the weekly petroleum stocks report showing larger than expected draws in oil stocks. This followed the market’s […]