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September NYMEX Natural Gas Futures Contract Closed at $1.956 on Monday, August 26th

By Emily Beckett | August 27, 2024 | 0 Comments

Monday, August 26th saw the front-month NYMEX Natural Gas Futures Contract open at $1.979, four cents below Friday’s closing price of $2.022. Ascending to tally the intraday high of $2.006 […]

Guy Nido Inc. Embracing Renewable Diesel with Sprague Energy

By Emily Beckett | August 26, 2024 | 0 Comments

Guy Nido Inc. is a small, family-owned business with 20 employees based in Wilmington, Vermont serving over 2,500 customers in the area. They specialize in home heating oil, propane, diesel, […]

Signal That Interest Rate Cuts Would Be Among the Central Bank’s Priorities in the Next Few Months

By Emily Beckett | August 26, 2024 | 0 Comments

Recap:  The crude market on Friday traded higher as U.S. Federal Reserve Chair Jerome Powell signaled that interest rate cuts would be among the central bank’s priorities in the next […]

September NYMEX Natural Gas Futures Contract Closed at $2.022 on Friday, August 23rd

By Emily Beckett | August 26, 2024 | 0 Comments

Friday, August 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.020, three cents below Thursday’s closing price of $2.053. In an uneventful day of trading, prices tallied […]

September NYMEX Natural Gas Futures Contract Closed at $2.053 on Thursday, August 22nd

By Emily Beckett | August 23, 2024 | 0 Comments

Thursday, August 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.194, just below Tuesday’s closing price of $2.177. Carrying over the previous day’s weather-induced bearish momentum, prices […]

The Market Steadied Following Four Days of Declines Over the Global Demand Outlook

By Emily Beckett | August 23, 2024 | 0 Comments

Recap:  The oil market on Thursday posted an inside trading day as the market steadied following four days of declines on concerns over the global demand outlook. The market rebounded […]

The Oil Market Traded Lower on Wednesday Following a Downward Revision to U.S Employment Growth

By Emily Beckett | August 22, 2024 | 0 Comments

Recap:  The oil market traded lower on Wednesday following a downward revision to U.S. employment growth and outweighed the session’s early gains attributed to the draws in crude and products […]

September NYMEX Natural Gas Futures Contract Closed at $2.177 on Wednesday, August 21st

By Emily Beckett | August 22, 2024 | 0 Comments

Wednesday, August 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.194, just below Tuesday’s closing price of $2.198. Extending to the intraday high of $2.210 ahead of […]

Why Are Gasoline Prices Higher in the Summer?

By Emily Beckett | August 21, 2024 | 0 Comments

Have you ever noticed that the roads are much more populated in the summer months than in the winter? Economically, with increased demand for fuel to keep families and businesses […]

The Market Appeared to Bounce During the Morning on the News of a Continued Fighting in Gaza

By Emily Beckett | August 21, 2024 | 0 Comments

Recap:  The oil markets acted nervously on Tuesday. While the overriding theme in the markets continued to be the economic malaise in China and the potential progress in a ceasefire […]