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Oil Market Extends Losses Amid China Concerns, Federal Reserve Interest Rate Decision Looms

By Emerson Doiron | December 18, 2024 | Comments Off on Oil Market Extends Losses Amid China Concerns, Federal Reserve Interest Rate Decision Looms

Recap: On Tuesday, the oil market extended the losses triggered on Monday by concerns over China’s economy, while traders remained cautious ahead of the Federal Reserve’s decision on interest rates […]

January NYMEX Natural Gas Futures Contract Closed at $3.308 on Tuesday, December 17th

By Emerson Doiron | December 18, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.308 on Tuesday, December 17th

Tuesday, December 17th saw the front-month NYMEX Natural Gas Futures Contract open at $3.175, down $0.039 compared to Monday’s closing price of $3.214. Pulling back to record the intraday low […]

Crude Oil Dips as Chinese Demand Weaken and Fed Decision Looms

By Emerson Doiron | December 17, 2024 | Comments Off on Crude Oil Dips as Chinese Demand Weaken and Fed Decision Looms

Recap: The oil market on Monday traded lower as concerns over Chinese demand outweighed threats of tighter sanctions on Russia and Iran. Last week, the market was well supported by […]

January NYMEX Natural Gas Futures Contract Closed at $3.214 on Monday, December 16th

By Emerson Doiron | December 17, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.214 on Monday, December 16th

Monday, December 16th saw the front-month NYMEX Natural Gas Futures Contract open at $3.210, down $0.070 compared to Friday’s closing price of $3.280. Touching down to an intraday low of […]

Your Partner for Fleet Electrification

By Emily Beckett | December 16, 2024 | Comments Off on Your Partner for Fleet Electrification

As the world transitions toward sustainable energy solutions, electric vehicles (EVs) have become a central focus for businesses looking to modernize their fleets, and reduce their environmental impact and operational […]

Prospects of Additional Sanctions Against Russia and Iran

By Emily Beckett | December 16, 2024 | Comments Off on Prospects of Additional Sanctions Against Russia and Iran

Recap:  The crude oil market continued on its recent upward trend on Friday and posted a weekly gain of 6.09% on prospects of additional sanctions against Russia and Iran. Earlier […]

January NYMEX Natural Gas Futures Contract Closed at $3.280 on Friday, December 13th

By Emily Beckett | December 16, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.280 on Friday, December 13th

Friday, December 13th saw the front month NYMEX Natural Gas Futures Contract open at $3.382, down $0.073 compared to Thursday’s closing price of $3.455. Marking the intraday high of $3.400 […]

The Crude Market Continued its Upward Trend

By Emerson Doiron | December 13, 2024 | Comments Off on The Crude Market Continued its Upward Trend

Recap:  The crude market traded higher on Thursday as it continued on its recent upward trend. Overnight, the market remained well supported by the news that the European Union agreed […]

January NYMEX Natural Gas Futures Contract Closed at $3.455 on Thursday, December 12th

By Emerson Doiron | December 13, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.455 on Thursday, December 12th

Thursday, December 12th saw the front month NYMEX Natural Gas Futures Contract open at $3.365, down $0.013 compared to Wednesday’s closing price of $3.378. Falling to the intraday low $3.342 […]

The European Union Agreed to Impose Further Sanctions

By Emily Beckett | December 12, 2024 | Comments Off on The European Union Agreed to Impose Further Sanctions

Recap:  The crude market maintained its upward momentum on Wednesday and rallied higher following the news that the European Union agreed to impose further sanctions against Russia over its war […]