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January NYMEX Natural Gas Futures Contract Closed at $3.280 on Friday, December 13th

By Emily Beckett | December 16, 2024 | 0 Comments

Friday, December 13th saw the front month NYMEX Natural Gas Futures Contract open at $3.382, down $0.073 compared to Thursday’s closing price of $3.455. Marking the intraday high of $3.400 […]

The Crude Market Continued its Upward Trend

By Emerson Doiron | December 13, 2024 | 0 Comments

Recap:  The crude market traded higher on Thursday as it continued on its recent upward trend. Overnight, the market remained well supported by the news that the European Union agreed […]

January NYMEX Natural Gas Futures Contract Closed at $3.455 on Thursday, December 12th

By Emerson Doiron | December 13, 2024 | 0 Comments

Thursday, December 12th saw the front month NYMEX Natural Gas Futures Contract open at $3.365, down $0.013 compared to Wednesday’s closing price of $3.378. Falling to the intraday low $3.342 […]

The European Union Agreed to Impose Further Sanctions

By Emily Beckett | December 12, 2024 | 0 Comments

Recap:  The crude market maintained its upward momentum on Wednesday and rallied higher following the news that the European Union agreed to impose further sanctions against Russia over its war […]

January NYMEX Natural Gas Futures Contract Closed at $3.378 on Wednesday, December 11th

By Emily Beckett | December 12, 2024 | 0 Comments

Wednesday, December 11th saw the front month NYMEX Natural Gas Futures Contract open at $3.277, up $0.114 compared to Tuesday’s closing price of $3.163. Marking the intraday low of $3.261 […]

The Market Focused on Hopes of Increased Demand in China

By Emily Beckett | December 11, 2024 | 0 Comments

Recap:  The oil market continued to trade higher on Tuesday as the market focused on the hopes of increased demand in China. The strength in the market follows the reports […]

January NYMEX Natural Gas Futures Contract Closed at $3.163 on Tuesday, December 10th

By Emily Beckett | December 11, 2024 | 0 Comments

Tuesday, December 10th saw the front month NYMEX Natural Gas Futures Contract open at $3.088, down $0.094 compared to Monday’s closing price of $3.182. Recording the intraday low of $3.069 […]

Increased Geopolitical Uncertainty in the Middle East

By Emily Beckett | December 10, 2024 | 0 Comments

Recap:  The oil market on Monday traded higher in light of increased geopolitical uncertainty in the Middle East after Syria’s President Bashar al-Assad was ousted by Syrian rebels on Sunday […]

January NYMEX Natural Gas Futures Contract Closed at $3.182 on Monday, December 9th

By Emily Beckett | December 10, 2024 | 0 Comments

Monday, December 9th saw the front month NYMEX Natural Gas Futures Contract open at $3.207, up $0.131 compared to Friday’s closing price of $3.076. Focusing attention on forecasted below-average temperatures, […]

OPEC+ Decision to Extend the Full Unwinding of Cuts by a Year

By Emily Beckett | December 9, 2024 | 0 Comments

Recap:  The oil market on Friday traded lower and ended the week down 1.18% despite the OPEC+ decision made on Thursday to delay its output increases by three months until […]