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Traders Weighed Demand Expectations Following the Latest U.S. Economic Data

Par spragueoperati | janvier 25, 2023 | 0 commentaire

Recap: The oil market traded lower on Tuesday as traders weighed demand expectations following the latest U.S. economic data. S&P Global reported that U.S. business activity contracted in January for […]

February NYMEX Natural Gas Futures Contract Closed at $3.447 on Monday, January 23rd

Par spragueoperati | janvier 24, 2023 | 0 commentaire

Monday, January 23rd saw the February NYMEX Natural Gas Futures Contract open at $3.519, nearly thirty-five cents above Friday’s closing price of $3.174. Recording the intraday high of $3.540 within […]

The Oil Market Extended Last Week’s Gains as the Market Remained Supported by Optimism

Par spragueoperati | janvier 24, 2023 | 0 commentaire

Recap:  On Monday, the oil market extended last week’s gains as the market remained supported by optimism over China’s expected economic recovery following its reopening. Data shows an increase in […]

February NYMEX Natural Gas Futures Contract Closed at $3.174 on Friday, January 20th

Par spragueoperati | janvier 23, 2023 | 0 commentaire

Friday, January 20th saw the February NYMEX Natural Gas Futures Contract open at $3.290, nearly two cents below Thursday’s closing price of $3.275. Trading higher throughout the morning hours, prices […]

The Oil Market Continued on its Upward Trend and Settled Higher for a Second Consecutive Week

Par spragueoperati | janvier 23, 2023 | 0 commentaire

Recap:  The oil market on Friday continued on its upward trend and settled higher for a second consecutive week as it remained well supported by the economic prospects for China […]

February NYMEX Natural Gas Futures Contract Closed at $3.275 on Thursday, January 19th

Par spragueoperati | janvier 20, 2023 | 0 commentaire

Thursday, January 19th saw the February NYMEX Natural Gas Futures Contract open at $3.289, two cents below Wednesday’s closing price of $3.311. Trading along either side of $3.310 through 10:30AM, […]

An Unexpected Increase in Crude Stocks Weighed on the Market

Par spragueoperati | janvier 20, 2023 | 0 commentaire

Recap:  On Thursday, the oil market extended its losses seen on Wednesday as an unexpected increase in crude stocks weighed on the market along with concerns over possible recession following […]

February NYMEX Natural Gas Futures Contract Closed at $3.311 on Wednesday, January 18th

Par spragueoperati | janvier 19, 2023 | 0 commentaire

Wednesday, January 18th saw the February NYMEX Natural Gas Futures Contract open at $3.410, nearly eighteen cents above Tuesday’s closing price of $3.586. Trading along either side of $3.435 through […]

The Market Weighed Concerns Over a Possible Recession

Par spragueoperati | janvier 19, 2023 | 0 commentaire

Recap: The oil market ended the session lower on Wednesday as the market weighed concerns over a possible recession against expectations that the lifting of China’s COVID-19 restrictions will lead […]

February NYMEX Natural Gas Futures Contract Closed at $3.586 on Tuesday, January 17th

Par spragueoperati | janvier 18, 2023 | 0 commentaire

Tuesday, January 17th saw the February NYMEX Natural Gas Futures Contract open at $3.691, twenty-seven cents above Friday’s closing price of $3.419. Marking the intraday high of $3.767 within minutes […]