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Hurricane Forecast to Hit Louisiana This Week Could Disrupt Production Along the U.S. Gulf Coast

By Emily Beckett | September 10, 2024 | 0 Comments

Recap:  The oil market posted an inside trading day on Monday as the market retraced some of last week’s sharp losses. The market was supported by concerns that a hurricane […]

October NYMEX Natural Gas Futures Contract Closed at $2.170 on Monday, September 9th

By Emily Beckett | September 10, 2024 | 0 Comments

Monday, September 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.229, nearly five cents below Friday’s closing price of $2.275. Recording an intraday high of $2.247 within […]

OPEC+ Producers Delaying Their Output Increase in October and November

By Emily Beckett | September 9, 2024 | 0 Comments

Recap:  The oil market on Friday continued on its downward trend and posted a weekly decline of 7.99% as demand concerns outweighed Thursday’s announcement of OPEC+ producers delaying their output […]

October NYMEX Natural Gas Futures Contract Closed at $2.275 on Friday, September 5th

By Emily Beckett | September 9, 2024 | 0 Comments

Friday, September 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.261, a penny above Thursday’s closing price of $2.254. In an up and down day, the contract […]

October NYMEX Natural Gas Futures Contract Closed at $2.254 on Thursday, September 5th

By Emily Beckett | September 6, 2024 | 0 Comments

Thursday, September 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.192, five cents above Wednesday’s closing price of $2.145. Recording the intraday low of $2.188 within minutes […]

Discussions Between OPEC+ Producers on Delaying the Output Increases Scheduled for October

By Emily Beckett | September 6, 2024 | 0 Comments

Recap:  The oil market continued on its downward trend despite some supportive news that initially limited the market’s losses. The market held support in overnight trading following reports of discussions […]

Five Strategies that Successful Businesses Use to Manage Their Fleet

By Emily Beckett | September 5, 2024 | 0 Comments

Fleet management is typically defined as the acquisition, maintenance, safety, budgeting, and monitoring of a group of vehicles. Fleet management is crucial for protecting drivers and vehicles and enhancing a […]

October NYMEX Natural Gas Futures Contract Closed at $2.145 on Wednesday, September 4th

By Emily Beckett | September 5, 2024 | 0 Comments

Wednesday, September 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.252, five cents above Tuesday’s closing price of $2.203. Achieving the intraday high of $2.270, the contract […]

The Parties Vying for Control in Libya Reached an Agreement

By Emily Beckett | September 5, 2024 | 0 Comments

Recap:  The crude market continued to trend lower on Wednesday as bearish sentiment seems to be dominating the narrative. While the market fell sharply on Tuesday following reports that the […]

The Oil Market Sold Off Sharply Following the Long Labor Day Holiday

By Emily Beckett | September 4, 2024 | 0 Comments

Recap:  The oil market sold off sharply on Tuesday, following the long Labor Day holiday on Monday, after reports that a deal was imminent to resolve a dispute that has […]