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Israel’s Retaliatory Strike Against Iran Spared Oil and Nuclear Facilities

By Emily Beckett | October 29, 2024 | 0 Comments

Recap:  The oil market fell more than $4 on Monday after Israel’s retaliatory strike against Iran on Saturday spared Iranian oil and nuclear facilities. Israel’s response appeared to have been […]

November NYMEX Natural Gas Futures Contract Closed at $2.309 on Monday, October 28th

By Emily Beckett | October 29, 2024 | 0 Comments

Monday, October 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.364, down $0.196 compared to Friday’s closing price of $2.560. Marking the intraday high of $2.391 by […]

A Planned Resumption of Ceasefire Talks in the Coming Days

By Emily Beckett | October 28, 2024 | 0 Comments

Recap:  The oil market on Friday posted an inside trading day after it posted an outside trading day on Thursday as the market remains supported by the geopolitical tensions in […]

November NYMEX Natural Gas Futures Contract Closed at $2.560 on Friday, October 25th

By Emily Beckett | October 28, 2024 | 0 Comments

Friday, October 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.490, down $0.032 compared to Thursday’s closing price of $2.522. Marking the intraday low of $2.478 at […]

Concerns That Slow Economic Growth in Europe Could Reduce Energy Demand

By Emily Beckett | October 25, 2024 | 0 Comments

Recap:  After posting an inside trading day on Wednesday, the oil market on Thursday posted an outside trading day. The market weighed the uncertainty surrounding the conflict in the Middle […]

November NYMEX Natural Gas Futures Contract Closed at $2.522 on Thursday, October 24th

By Emily Beckett | October 25, 2024 | 0 Comments

Thursday, October 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.432, up $0.090 compared to Wednesday’s closing price of $2.342. A supportive shift in overnight forecasts saw […]

December WTI Futures Posted an Inside Trading Day on its First Day

By Emily Beckett | October 24, 2024 | 0 Comments

Recap:  The December WTI futures contract on Wednesday posted an inside trading day on its first day as the spot contract. The market posted the session’s trading range early in […]

November NYMEX Natural Gas Futures Contract Closed at $2.342 on Wednesday, October 23rd

By Emily Beckett | October 24, 2024 | 0 Comments

Wednesday, October 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.332, up $0.021 compared to Tuesday’s closing price of $2.311. Drifting lower throughout the morning, historically bearish […]

Economic Stimulus Measures Announced in China to Support its Economy

By Emily Beckett | October 23, 2024 | 0 Comments

Recap:  The crude market on Tuesday extended the gains posted on Monday as the market remained well supported by the latest economic stimulus measures announced in China to support its […]

November NYMEX Natural Gas Futures Contract Closed at $2.311 on Tuesday, October 22nd

By Emily Beckett | October 23, 2024 | 0 Comments

Tuesday, October 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.290, down $0.022 compared to Monday’s closing price of $2.312. A volatile session saw the contract record […]