Search Results

January NYMEX Natural Gas Futures Contract Closed at $3.378 on Wednesday, December 11th

By Emily Beckett | December 12, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.378 on Wednesday, December 11th

Wednesday, December 11th saw the front month NYMEX Natural Gas Futures Contract open at $3.277, up $0.114 compared to Tuesday’s closing price of $3.163. Marking the intraday low of $3.261 […]

The Market Focused on Hopes of Increased Demand in China

By Emily Beckett | December 11, 2024 | Comments Off on The Market Focused on Hopes of Increased Demand in China

Recap:  The oil market continued to trade higher on Tuesday as the market focused on the hopes of increased demand in China. The strength in the market follows the reports […]

January NYMEX Natural Gas Futures Contract Closed at $3.163 on Tuesday, December 10th

By Emily Beckett | December 11, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.163 on Tuesday, December 10th

Tuesday, December 10th saw the front month NYMEX Natural Gas Futures Contract open at $3.088, down $0.094 compared to Monday’s closing price of $3.182. Recording the intraday low of $3.069 […]

Increased Geopolitical Uncertainty in the Middle East

By Emily Beckett | December 10, 2024 | Comments Off on Increased Geopolitical Uncertainty in the Middle East

Recap:  The oil market on Monday traded higher in light of increased geopolitical uncertainty in the Middle East after Syria’s President Bashar al-Assad was ousted by Syrian rebels on Sunday […]

January NYMEX Natural Gas Futures Contract Closed at $3.182 on Monday, December 9th

By Emily Beckett | December 10, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.182 on Monday, December 9th

Monday, December 9th saw the front month NYMEX Natural Gas Futures Contract open at $3.207, up $0.131 compared to Friday’s closing price of $3.076. Focusing attention on forecasted below-average temperatures, […]

OPEC+ Decision to Extend the Full Unwinding of Cuts by a Year

By Emily Beckett | December 9, 2024 | Comments Off on OPEC+ Decision to Extend the Full Unwinding of Cuts by a Year

Recap:  The oil market on Friday traded lower and ended the week down 1.18% despite the OPEC+ decision made on Thursday to delay its output increases by three months until […]

January NYMEX Natural Gas Futures Contract Closed at $3.076 on Friday, December 6th

By Emily Beckett | December 9, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.076 on Friday, December 6th

Friday, December 6th saw the front month NYMEX Natural Gas Futures Contract open at $3.029, down $0.050 compared to Thursday’s closing price of $3.079. Recording the intraday low of as […]

The OPEC+ Decision to Delay its Planned Output Increase

By Emily Beckett | December 6, 2024 | Comments Off on The OPEC+ Decision to Delay its Planned Output Increase

Recap:  The oil market ended the session lower following the OPEC+ decision to delay its planned output increase by three months to April 2025. The market traded mostly sideways ahead […]

January NYMEX Natural Gas Futures Contract Closed at $3.079 on Thursday, December 5th

By Emily Beckett | December 6, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.079 on Thursday, December 5th

Thursday, December 5th saw the front month NYMEX Natural Gas Futures Contract open at $3.113, up $0.070 compared to Wednesday’s closing price of $3.043. Encouraged overnight by additionally HDD’s adding […]

January NYMEX Natural Gas Futures Contract Closed at $3.043 on Wednesday, December 4th

By Emily Beckett | December 5, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.043 on Wednesday, December 4th

Wednesday, December 4th saw the front month NYMEX Natural Gas Futures Contract open at $3.020, down $0.022 compared to Tuesday’s closing price of $3.042. Warding off additional losses after the […]