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Concerns Over Chinese Demand and Increased Risks of a Broader Economic Slowdown

By Emily Beckett | August 29, 2024 | 0 Comments

Recap:  The crude market continued to trend lower as demand concerns outweighed geopolitical tensions. The market traded lower due to continuing concerns over Chinese demand and increased risks of a […]

October NYMEX Natural Gas Futures Contract Closed at $2.097 on Wednesday, August 28th

By Emily Beckett | August 29, 2024 | 0 Comments

Wednesday, August 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.890, a penny below Tuesday’s closing price of $1.904. Marking a four-month intraday low of $1.856 within […]

A Potential Shutdown of Most of Libya’s Oil Fields

By Emily Beckett | August 28, 2024 | 0 Comments

Recap:  The oil market posted an inside trading day on a price correction after rallying over the previous three sessions on supply concerns amid fears of widening Middle East conflict […]

September NYMEX Natural Gas Futures Contract Closed at $1.904 on Tuesday, August 27th

By Emily Beckett | August 28, 2024 | 0 Comments

Tuesday, August 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.934, two cents below Monday’s closing price of $1.956. Recording the intraday high of $1.936 within minutes […]

Supply Concerns Amid Reports of Escalating Conflict in the Middle East

By Emily Beckett | August 27, 2024 | 0 Comments

Recap:  The oil market on Monday continued to trend higher for the third consecutive session on supply concerns amid reports of escalating conflict in the Middle East and output cuts […]

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 […]