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August NYMEX Natural Gas Futures Contract Closed at $2.629 on Tuesday, July 18th

Par spragueoperati | juillet 19, 2023 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.629 on Tuesday, July 18th

Tuesday, July 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.608, nearly ten cents above Monday’s closing price of $2.512. Falling to the intraday low of $2.581 […]

August NYMEX Natural Gas Futures Contract Closed at $2.512 on Monday, July 17th

Par spragueoperati | juillet 18, 2023 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.512 on Monday, July 17th

Monday, July 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.533, just above Friday’s closing price of $2.539. Giving back any gains made before the open, prices […]

The market briefly rallied to a high of $76.09 following a Reuters news alert on Saudi Arabia extending a voluntary output cut

Par spragueoperati | juillet 18, 2023 | Commentaires fermés sur The market briefly rallied to a high of $76.09 following a Reuters news alert on Saudi Arabia extending a voluntary output cut

Recap: The oil market gapped lower on the opening and remained pressured on Monday following weaker than expected Chinese economic growth and a partial restart of Libyan output. The market […]

August NYMEX Natural Gas Futures Contract Closed at $2.539 on Friday, July 14th

Par spragueoperati | juillet 17, 2023 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.539 on Friday, July 14th

Friday, July 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.577, three cents above Thursday’s closing price of $2.545. Ascending to peak at the intraday high of […]

The oil market on Friday retraced some of its recent sharp gains

Par spragueoperati | juillet 17, 2023 | Commentaires fermés sur The oil market on Friday retraced some of its recent sharp gains

Recap: The oil market on Friday retraced some of its recent sharp gains as traders took profits and as the U.S. dollar strengthened following its previous losses earlier in the week. […]

August NYMEX Natural Gas Futures Contract Closed at $2.545 on Thursday, July 13th

Par spragueoperati | juillet 14, 2023 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.545 on Thursday, July 13th

Thursday, July 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.639, just below Wednesday’s closing price of $2.632. Trading within a wide range from the opening bell […]

The Consumer Price Index Report Saw the Smallest Annual Increase in More Than Two Years as Inflation Continued to Subside

Par spragueoperati | juillet 14, 2023 | Commentaires fermés sur The Consumer Price Index Report Saw the Smallest Annual Increase in More Than Two Years as Inflation Continued to Subside

Recap:  The oil market continued on its upward trend on Thursday as it remained well supported after U.S. inflation data implied interest rates are close to their peak. This followed […]

August NYMEX Natural Gas Futures Contract Closed at $2.632 on Wednesday, July 12th

Par spragueoperati | juillet 13, 2023 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.632 on Wednesday, July 12th

Wednesday, July 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.664, just below Tuesday’s closing price of $2.731. Shortly after market open, the August contract experienced a […]

U.S. Inflation Data Suggested that Inflation Was Slowing Enough to Allow the Federal Reserve to Stop Tightening U.S. Monetary Policy

Par spragueoperati | juillet 13, 2023 | Commentaires fermés sur U.S. Inflation Data Suggested that Inflation Was Slowing Enough to Allow the Federal Reserve to Stop Tightening U.S. Monetary Policy

Recap:  On Wednesday, the oil market was well supported after U.S. inflation data suggested that inflation was slowing enough to allow the Federal Reserve to stop tightening U.S. monetary policy. […]

August NYMEX Natural Gas Futures Contract Closed at $2.731 on Tuesday, July 11th

Par spragueoperati | juillet 12, 2023 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.731 on Tuesday, July 11th

Tuesday, July 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.713, just above Monday’s closing price of $2.669. Immediately after open, August prices dropped to an intraday […]