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Easing Concerns Over Supply Disruption in the Wake of Hurricane Beryl, Which Caused Minimal Damage to Energy Infrastructure

By Emily Beckett | July 10, 2024 | 0 Comments

Recap:  The oil market continued to trend lower on Tuesday amid easing concerns over supply disruption in the wake of Hurricane Beryl, which caused minimal damage to energy infrastructure. While […]

August NYMEX Natural Gas Futures Contract Closed at $2.344 on Tuesday, July 9th

By Emily Beckett | July 10, 2024 | 0 Comments

Tuesday, July 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.429, six cents above Monday’s closing price of $2.366. Extending to an intraday high of $2.448 by […]

The Oil Market on Monday Sold Off as Concerns Over Supply Eased on Hopes of a Ceasefire Deal in Gaza

By Emily Beckett | July 9, 2024 | 0 Comments

Recap:  The oil market on Monday sold off as concerns over supply eased on hopes of a ceasefire deal in Gaza. The market was pressured as talks over a U.S. […]

August NYMEX Natural Gas Futures Contract Closed at $2.366 on Monday, July 8th

By Emily Beckett | July 9, 2024 | 0 Comments

Monday, July 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.382, seven cents above Friday’s closing price of $2.319. Following last week’s retreat as production remained steady […]

The Market Saw Thin Trading During Thursday’s Holiday Shortened Session

By Emily Beckett | July 8, 2024 | 0 Comments

Recap:  On Friday, the oil market ended in negative territory after it traded higher earlier in the session, reaching its highest level since late April. This followed the Independence Day […]

August NYMEX Natural Gas Futures Contract Closed at $2.319 on Friday, July 5th

By Emily Beckett | July 8, 2024 | 0 Comments

Friday, July 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.379, four cents below Wednesday’s closing price of $2.418. Ascending to the intraday high of $2.405 at […]

The Market Weighed Larger Than Expected Draws in Oil Stocks Against Bearish Economic Data from the U.S., the Euro Zone, and China

By Emily Beckett | July 5, 2024 | 0 Comments

Recap:  The oil market ended the session higher on Wednesday as the market weighed larger than expected draws in oil stocks against bearish economic data from the U.S., the euro […]

August NYMEX Natural Gas Futures Contract Closed at $2.418 on Wednesday, July 3rd

By Emily Beckett | July 5, 2024 | 0 Comments

Wednesday, July 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.437, nearly even to Tuesday’s closing price of $2.435. Recording the intraday low of $2.410 by 9:35AM, […]

An Expected Rise in Demand as the Summer Travel Season Increases with the Independence Day Holiday This Week

By Emily Beckett | July 3, 2024 | 0 Comments

Recap:  On Tuesday, the oil market ended the session lower after the market extended its previous gains to two-month highs early in the session. The market was well supported by […]

August NYMEX Natural Gas Futures Contract Closed at $2.435 on Tuesday, July 2nd

By Emily Beckett | July 3, 2024 | 0 Comments

Tuesday, July 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.453, nearly three cents below Monday’s closing price of $2.478. Reaching its apex of $2.465 by 9:15AM, […]