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September NYMEX Natural Gas Futures Contract Closed at $2.198 on Tuesday, August 20th

By Emily Beckett | August 21, 2024 | 0 Comments

Tuesday, August 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.225, a penny below Monday’s closing price of $2.235. Pulling back prior to the opening bell, the […]

Oil Prices Tumble on Economic Concerns and Diplomatic Developments

By Emerson Doiron | August 20, 2024 | 0 Comments

Recap:  While the oil markets were on the defensive at the start of trading Sunday night and into early Monday, based on the economic malaise that continued to be reflected […]

September NYMEX Natural Gas Futures Contract Closed at $2.235 on Monday, August 19th

By Emerson Doiron | August 20, 2024 | 0 Comments

Monday, August 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.168, nearly five cents above Friday’s closing price of $2.123. Ascending from the intraday low as markets […]

Less Than Supportive Economic Indicators From China Overshadowed Any Geopolitical Risks

By Emily Beckett | August 19, 2024 | 0 Comments

Recap:  The oil market on Friday sold off following its inside trading day on Thursday and settled 0.25% lower for the week after less than supportive economic indicators from China […]

September NYMEX Natural Gas Futures Contract Closed at $2.123 on Friday, August 16th

By Emily Beckett | August 19, 2024 | 0 Comments

Friday, August 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.146, five cents below Thursday’s closing price of $2.197. Extending to the intraday high of $2.179 by […]

September NYMEX Natural Gas Futures Contract Closed at $2.197 on Thursday, August 15th

By Emily Beckett | August 16, 2024 | 0 Comments

Thursday, August 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.219, even to Wednesday’s closing price of $2.219. Rallying early on, prices rose to the $2.250 level […]

U.S. Economic Data Allayed Fears of an Imminent Recession

By Emily Beckett | August 16, 2024 | 0 Comments

Recap:  The crude oil market posted an inside trading day on Thursday as it retraced some of its losses after U.S. economic data allayed fears of an imminent recession. The […]

The EIA Reported a Larger Than Expected Build in Crude Stocks

By Emily Beckett | August 15, 2024 | 0 Comments

Recap:  The crude market continued to give up its previous gains after the EIA reported a larger than expected build in crude stocks. The oil market posted a high of […]

September NYMEX Natural Gas Futures Contract Closed at $2.219 on Tuesday, August 13th

By Emily Beckett | August 15, 2024 | 0 Comments

Wednesday, August 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.201, five cents above Tuesday’s closing price of $2.148. Trending higher early on, a historically light storage […]

Wever Petroleum Inc. Embraces a Sustainable Future with Sprague Energy’s Renewable Diesel

By Emily Beckett | August 14, 2024 | 0 Comments

Wever Petroleum Inc., a trusted name for over 80 years, has taken a significant step towards sustainability by incorporating renewable diesel into its operations. This family-owned business is a full-service […]