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November NYMEX Natural Gas Futures Contract Closed at $2.342 on Wednesday, October 23rd

By Emily Beckett | October 24, 2024 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.342 on Wednesday, October 23rd

Wednesday, October 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.332, up $0.021 compared to Tuesday’s closing price of $2.311. Drifting lower throughout the morning, historically bearish […]

Economic Stimulus Measures Announced in China to Support its Economy

By Emily Beckett | October 23, 2024 | Comments Off on Economic Stimulus Measures Announced in China to Support its Economy

Recap:  The crude market on Tuesday extended the gains posted on Monday as the market remained well supported by the latest economic stimulus measures announced in China to support its […]

November NYMEX Natural Gas Futures Contract Closed at $2.311 on Tuesday, October 22nd

By Emily Beckett | October 23, 2024 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.311 on Tuesday, October 22nd

Tuesday, October 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.290, down $0.022 compared to Monday’s closing price of $2.312. A volatile session saw the contract record […]

The Market Remains Concerned Over the Expectation of an Israeli Retaliatory Attack

By Emily Beckett | October 22, 2024 | Comments Off on The Market Remains Concerned Over the Expectation of an Israeli Retaliatory Attack

Recap:  The oil market posted an inside trading day on Monday as it retraced some of the previous week’s losses amid the continuing geopolitical tension in the Middle East. The […]

November NYMEX Natural Gas Futures Contract Closed at $2.312 on Monday, October 21st

By Emily Beckett | October 22, 2024 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.312 on Monday, October 21st

Monday, October 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.280, up $0.022 compared to Friday’s closing price of $2.258. Slipping to an intraday low of $2.270 […]

The Market Weighed the Continuing Heightened Geopolitical Tensions

By Emily Beckett | October 21, 2024 | Comments Off on The Market Weighed the Continuing Heightened Geopolitical Tensions

Recap:  The oil market posted an outside trading day as the market weighed the continuing heightened geopolitical tensions in the Middle East and economic data showing China’s economic growth slowed […]

November NYMEX Natural Gas Futures Contract Closed at $2.258 on Friday, October 18th

By Emily Beckett | October 21, 2024 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.258 on Friday, October 18th

Friday, October 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.327, down $0.020 compared to Thursday’s closing price of $2.347. Trending lower early on as comfortable conditions […]

The Crude Market Trended Lower as it Waits for Developments in the Middle East

By Emily Beckett | October 18, 2024 | Comments Off on The Crude Market Trended Lower as it Waits for Developments in the Middle East

Recap:  The crude market on Thursday continued to trend lower, posting yet another low as it continued to wait for further developments in the Middle East. The market was also […]

November NYMEX Natural Gas Futures Contract Closed at $2.347 on Thursday, October 17th

By Emily Beckett | October 18, 2024 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.347 on Thursday, October 17th

Thursday, October 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.400, up $0.033 compared to Wednesday’s closing price of $2.367. Seesawing along $2.390 leading up to the […]

Recent Forecasts of Less Oil Demand Growth

By Emily Beckett | October 17, 2024 | Comments Off on Recent Forecasts of Less Oil Demand Growth

Recap:  The oil market on Wednesday traded in negative territory for much of the session as it remained pressured by an easing of fears of a supply disruption and recent […]