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The Uncertain Ceasefire Between Israel and Hezbollah

By Emily Beckett | December 5, 2024 | Comments Off on The Uncertain Ceasefire Between Israel and Hezbollah

Recap:  The oil market traded lower on Wednesday and retraced some of its recent gains ahead of the OPEC+ meeting on Thursday. The market was well supported in overnight trading […]

Increasingly Fragile Ceasefire Between Israel and Hezbollah

By Emily Beckett | December 4, 2024 | Comments Off on Increasingly Fragile Ceasefire Between Israel and Hezbollah

Recap:  The crude market on Tuesday continued to retrace its previous losses as it remained supported ahead of the OPEC+ meeting on Thursday and the increasingly fragile ceasefire between Israel […]

January NYMEX Natural Gas Futures Contract Closed at $3.042 on Tuesday, December 3rd

By Emily Beckett | December 4, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.042 on Tuesday, December 3rd

Tuesday, December 3rd saw the front month NYMEX Natural Gas Futures Contract open at $3.125, down $0.088 compared to Monday’s closing price of $3.213. Reaching the intraday high of $3.140 […]

Rising Energy Costs: What Rhode Island Businesses Need to Know

By Emily Beckett | December 3, 2024 | Comments Off on Rising Energy Costs: What Rhode Island Businesses Need to Know

The winter season is fast approaching, and Rhode Island Energy has increased its electric rates for its commercial and residential customer classes, effective October 2024 through March 2025. Industrial customer […]

Uncertainty in the Market Ahead of the OPEC+ Meeting

By Emily Beckett | December 3, 2024 | Comments Off on Uncertainty in the Market Ahead of the OPEC+ Meeting

Recap: The oil market ended the session slightly higher amid the uncertainty in the market ahead of the OPEC+ meeting later this week and an increasingly fragile ceasefire between Israel […]

December NYMEX Natural Gas Futures Contract Closed at $3.213 on Monday, December 2nd

By Emily Beckett | December 3, 2024 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $3.213 on Monday, December 2nd

Monday, December 2nd saw the front month NYMEX Natural Gas Futures Contract open at $3.180, down $0.183 compared to Friday’s closing price of $3.363. Dampened over the weekend by steady […]

The Crude Market Posted an Inside Trading Day Ahead of Thanksgiving

By Emily Beckett | December 2, 2024 | Comments Off on The Crude Market Posted an Inside Trading Day Ahead of Thanksgiving

Recap: The crude market on Wednesday posted an inside trading day, with light volume trading, ahead of the Thanksgiving Day holiday on Thursday. The market traded sideways as a ceasefire […]

December NYMEX Natural Gas Futures Contract Closed at $3.467 on Tuesday, November 26th

By Emily Beckett | November 27, 2024 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $3.467 on Tuesday, November 26th

Tuesday, November 26th saw the front month NYMEX Natural Gas Futures Contract open at $3.406, up $0.037 compared to Friday’s closing price of $3.369. December settled higher on Monday at […]

News That Israel’s Prime Minister Agreed to a Ceasefire Deal with Lebanon

By Emily Beckett | November 27, 2024 | Comments Off on News That Israel’s Prime Minister Agreed to a Ceasefire Deal with Lebanon

Recap:  The oil market on Tuesday ended the session lower, giving back its early gains in light of the news that Israel’s Prime Minister Benjamin Netanyahu agreed to a ceasefire […]

The Oil Market Sold Off Following Reports of a Possible Middle East Peace Agreement

By Emily Beckett | November 26, 2024 | Comments Off on The Oil Market Sold Off Following Reports of a Possible Middle East Peace Agreement

Recap:   The oil market sold off sharply on Monday following reports of a possible Middle East peace agreement. The crude market posted a high of $71.48 on its opening late […]