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April NYMEX Natural Gas Futures Contract Closed at $4.350 on Tuesday, March 4th

By Emily Beckett | March 5, 2025 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $4.350 on Tuesday, March 4th

Tuesday, March 4th saw the front-month NYMEX Natural Gas Futures Contract open at $4.321, up $0.199 compared to Monday’s closing price of $4.122. Recording the intraday low of $4.279 within […]

Diminished Expectations for a Quick Agreement to End the Russia-Ukraine War

By Emily Beckett | March 4, 2025 | Comments Off on Diminished Expectations for a Quick Agreement to End the Russia-Ukraine War

Recap:  The oil market on Monday posted an outside trading day as the market weighed some supportive economic news from China and the diminished expectations for a quick agreement to […]

April NYMEX Natural Gas Futures Contract Closed at $4.122 on Monday, March 3rd

By Emily Beckett | March 4, 2025 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $4.122 on Monday, March 3rd

Monday, March 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.896, up $0.062 compared to Friday’s closing price of $3.834. Trading sideways through the morning, marking the […]

The Impending 25% Tariffs to be Imposed on Canada and Mexico

By Emily Beckett | March 3, 2025 | Comments Off on The Impending 25% Tariffs to be Imposed on Canada and Mexico

Recap:  The oil market on Friday posted an inside trading day and remained in negative territory as the market positioned itself ahead of the impending 25% tariffs that the Trump […]

April NYMEX Natural Gas Futures Contract Closed at $3.834 on Friday, February 28th

By Emily Beckett | March 3, 2025 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $3.834 on Friday, February 28th

Friday, February 28th saw the front-month NYMEX Natural Gas Futures Contract open at $3.898, down $0.036 compared to Thursday’s closing price of $3.934. Recording an intraday high of $3.931 at […]

Chevron’s License Revocation to Operate in Venezuela

By Emily Beckett | February 28, 2025 | Comments Off on Chevron’s License Revocation to Operate in Venezuela

Recap:  The crude oil market on Thursday traded higher on supply concerns after U.S. President Donald Trump revoked a license granted to Chevron to operate in Venezuela. Chevron will no […]

April NYMEX Natural Gas Futures Contract Closed at $3.930 on Thursday, February 27th

By Emily Beckett | February 28, 2025 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $3.930 on Thursday, February 27th

Thursday, February 27th saw the front-month NYMEX Natural Gas Futures Contract open at $3.950, down $0.009 compared to Wednesday’s closing price of $3.959. Reclaiming the $4.00 level by 9:30AM, the […]

The EIA Report Showed Unexpected Builds in Distillates and Gasoline Stocks

By Emily Beckett | February 27, 2025 | Comments Off on The EIA Report Showed Unexpected Builds in Distillates and Gasoline Stocks

Recap:  The crude oil market traded lower on Wednesday after the EIA report showed unexpected builds in distillates and gasoline stocks, signaling weak demand, and a potential peace deal between […]

April NYMEX Natural Gas Futures Contract Closed at $3.959 on Wednesday, February 26th

By Emily Beckett | February 27, 2025 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $3.959 on Wednesday, February 26th

Wednesday, February 26th saw the front-month NYMEX Natural Gas Futures Contract open at $4.076, down $0.098 compared to Tuesday’s closing price of $4.174. Drifting lower throughout the session, March settle […]

The Crude Market Reacted to Bearish Economic News from the U.S. and Germany

By Emily Beckett | February 26, 2025 | Comments Off on The Crude Market Reacted to Bearish Economic News from the U.S. and Germany

Recap: The crude market posted an outside trading day after the market erased overnight gains and extended its selling on some bearish economic news from the U.S. and Germany. The […]