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February NYMEX Natural Gas Futures Contract Closed at $4.083 on Wednesday, January 15th

By Emerson Doiron | January 16, 2025 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $4.083 on Wednesday, January 15th

Wednesday, January 15th saw the front-month NYMEX Natural Gas Futures Contract open at $4.004, up $0.036 compared to Tuesday’s closing price of $3.968. Spiking to the intraday high of $4.110 […]

Crude Oil Prices Surge on New U.S. Sanctions on Russian Oil Companies

By Emerson Doiron | January 15, 2025 | Comments Off on Crude Oil Prices Surge on New U.S. Sanctions on Russian Oil Companies

Recap:  The crude market on Tuesday posted an inside trading day following the market’s sharp gains over the past couple of sessions in light of new U.S. sanctions imposed on […]

February NYMEX Natural Gas Futures Contract Closed at $3.968 on Tuesday, January 14th

By Emerson Doiron | January 15, 2025 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.968 on Tuesday, January 14th

Tuesday, January 14th saw the front-month NYMEX Natural Gas Futures Contract open at $3.788, down $0.146 compared to Monday’s closing price of $3.934. Following another night of pre-session volatility, the […]

Crude Gains Momentum: Key Trends Behind Monday’s Market Surge

By spragueoperati | January 14, 2025 | Comments Off on Crude Gains Momentum: Key Trends Behind Monday’s Market Surge

Recap: The oil market on Monday continued to trend higher in follow through strength seen on Friday after the U.S. Treasury imposed wider sanctions on Russian oil producers as well as […]

February NYMEX Natural Gas Futures Contract Closed at $3.934 on Monday, January 13th

By Emerson Doiron | January 14, 2025 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.934 on Monday, January 13th

Monday, January 13th saw the front-month NYMEX Natural Gas Futures Contract open at $4.022, up $0.033 compared to Friday’s closing price of $3.989. Entering the session on a pullback from […]

Crude Oil Market Well Supported by Cold Snap in U.S. and Europe

By Emerson Doiron | January 13, 2025 | Comments Off on Crude Oil Market Well Supported by Cold Snap in U.S. and Europe

Recap:  The oil market rallied sharply higher and posted a third consecutive week of gains amid concerns of potential supply disruptions due to further sanctions imposed against Russia. The market […]

February NYMEX Natural Gas Futures Contract Closed at $3.989 on Friday, January 10th

By Emerson Doiron | January 13, 2025 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.989 on Friday, January 10th

Friday, January 10th saw the front-month NYMEX Natural Gas Futures Contract open at $3.910, up $0.209 compared to Thursday’s closing price of $3.701. Bolstered by weather models finding common ground […]

Crude Oil Market Traded Higher, Supported by Increased Winter Fuel Demand

By Emerson Doiron | January 10, 2025 | Comments Off on Crude Oil Market Traded Higher, Supported by Increased Winter Fuel Demand

Recap:  The oil market on Thursday traded higher as the market was supported by increased winter fuel demand, shrugging off the latest weekly inventory reports showing large builds in product […]

February NYMEX Natural Gas Futures Contract Closed at $3.701 on Thursday, January 9th

By Emerson Doiron | January 10, 2025 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.701 on Thursday, January 9th

Thursday, January 9th saw the front-month NYMEX Natural Gas Futures Contract open at $3.663, up $0.012 compared to Wednesday’s closing price of $3.651. Recording the intraday low of $3.655, prices […]

Large Builds in U.S. Oil Product Stocks

By Emily Beckett | January 9, 2025 | Comments Off on Large Builds in U.S. Oil Product Stocks

Recap:  The oil market traded lower on Wednesday in light of large builds in U.S. oil product stocks, reversing early gains from tightening supplies from Russia and other OPEC members. […]