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Recap: The crude oil market on Wednesday continued to trend lower despite a bullish draw in crude stocks of nearly 6 million barrels in the week ending August 11th. However, […]
Tuesday, August 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.722, seven cents below Monday’s closing price of $2.795. Marking the intraday high of $2.722 soon after […]
Recap: The oil market remained on the defensive and sold off for the fourth consecutive session on Tuesday amid disappointing economic data out of China and fears that China’s unexpected […]
Monday, August 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.785, nearly two cents above Friday’s closing price of $2.770. Posting a shaky ascent to an intraday […]
Sprague Operating Resources LLC (Sprague) Introduces Renewable Diesel to NY Metro Area Low Carbon Liquid Fuels offer immediate, substantial emissions reduction. New York, NY – August 15, 2023 – […]
Price Pressure Appeared to Come From the News that Nigerian Forcados Crude Exports Resumed on Sunday
Recap: The oil markets spent much of the trading session today on the defensive as the bearish contagion from global equity markets regarding concerns over the sputtering Chinese economy kept […]
Friday, August 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.752, a penny below Thursday’s closing price of $2.763. Trending lower through the morning hours to record […]
Recap: The oil market on Friday traded higher and posted its seventh consecutive weekly gain, matching the longest winning streak since February 10, 2022. The market traded lower in overnight […]
Thursday, August 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.893, nearly seven cents below Tuesday’s closing price of $2.959. Marking the intraday high of $2.900 early […]
Recap: The oil market on Thursday posted an outside trading day as it sold off following the release of the CPI report, which showed that inflation increased in July for […]