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July NYMEX Natural Gas Futures Contract Closed at $2.632 on Friday, June 16th

Par spragueoperati | juin 19, 2023 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.632 on Friday, June 16th

Friday, June 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.571, four cents above Thursday’s closing price of $2.533. Spiking to $2.635 within minutes of the open, […]

July NYMEX Natural Gas Futures Contract Closed at $2.533 on Thursday, June 15th

Par spragueoperati | juin 16, 2023 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.533 on Thursday, June 15th

Thursday, June 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.412, seven cents above Wednesday’s closing price of $2.342. Marking the intraday low of $2.406 soon after […]

The Fed Held Rates Steady for June but Suggested Further Rate Hikes Later This Year

Par spragueoperati | juin 16, 2023 | Commentaires fermés sur The Fed Held Rates Steady for June but Suggested Further Rate Hikes Later This Year

Recap:  The oil market on Thursday retraced its previous losses and posted an outside trading day as traders covered some of their short positions. This followed Wednesday’s 1.7% decline after […]

July NYMEX Natural Gas Futures Contract Closed at $2.342 on Wednesday, June 14th

Par spragueoperati | juin 15, 2023 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.342 on Wednesday, June 14th

Wednesday, June 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.384, four cents above Tuesday’s closing price of $2.340. Propped up overnight by a bullish shift in […]

Bullish Oil Demand Growth Forecasts from the International Energy Agency

Par spragueoperati | juin 15, 2023 | Commentaires fermés sur Bullish Oil Demand Growth Forecasts from the International Energy Agency

Recap:  The oil market traded mostly sideways in overnight trading before it rallied higher on bullish oil demand growth forecasts from the International Energy Agency. The IEA raised its oil […]

July NYMEX Natural Gas Futures Contract Closed at $2.340 on Tuesday, June 13th

Par spragueoperati | juin 14, 2023 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.340 on Tuesday, June 13th

Tuesday, June 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.327, six cents above Monday’s closing price of $2.266. Riding Monday’s wave of cooling-demand driven gains, prices […]

The Oil Market Posted an Inside Trading Day on Tuesday After the Market Retraced Most of its Previous Losses

Par spragueoperati | juin 14, 2023 | Commentaires fermés sur The Oil Market Posted an Inside Trading Day on Tuesday After the Market Retraced Most of its Previous Losses

Recap:   The oil market posted an inside trading day on Tuesday after the market retraced most of its previous losses, breaking a three-day slide. The market posted a low of […]

July NYMEX Natural Gas Futures Contract Closed at $2.266 on Monday, June 12th

Par spragueoperati | juin 13, 2023 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.266 on Monday, June 12th

Monday, June 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.225, seven cents below Friday’s closing price of $2.254. Knocked down early on by reduced expectations for […]

Concerns About Demand Growth Just Ahead of the Federal Reserve’s Policy Meeting on Wednesday

Par spragueoperati | juin 13, 2023 | Commentaires fermés sur Concerns About Demand Growth Just Ahead of the Federal Reserve’s Policy Meeting on Wednesday

Recap:  The oil market sold off sharply on Monday amid some market analysis highlighting increasing global supplies and concerns about demand growth just ahead of the Federal Reserve’s policy meeting […]

July NYMEX Natural Gas Futures Contract Closed at $2.254 on Friday, June 9th

Par spragueoperati | juin 12, 2023 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.254 on Friday, June 9th

Friday, June 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.284, seven cents below Thursday’s closing price of $2.352. Knocked down overnight by revised short-term forecasts calling […]