Tuesday, September 8th saw the front-month NYMEX Natural Gas contract open at $2.955, $0.020 below Friday’s closing price of $2.975. Recording the intraday high of $2.979 by 9:05AM, prices then […]
Recap: The oil market rallied higher after Iran-backed Houthis attacked Saudi energy facilities and Iran threatened the U.S. with “economic warfare”. On Tuesday, operations at some energy facilities in Saudi […]
Recap: The oil market erased some of its previous gains on Friday but still ended the session up 0.2% on the day and 9.7% higher on the week amid the […]
Recap: The oil market on Thursday continued on its upward trend reaching a six-week high following further U.S. strikes on Iran and renewed Israeli threats against Iran. Israel’s Defense Minister, […]
Thursday, September 3rd saw the front-month NYMEX Natural Gas contract open at $2.974, $0.018 above Wednesday’s closing price of $2.956. Hovering near $2.985 leading up to the weekly storage publication, […]
Recap: The crude market on Wednesday ended the session higher as traders weighed the risks of supply disruptions following overnight strikes by the U.S. and Iran against signs that crude […]
Wednesday, September 2nd saw the front-month NYMEX Natural Gas contract open at $2.920, $0.004 above Tuesday’s closing price of $2.916. Recording the intraday low of $2.916 within minutes of 9:00AM, […]
Energy costs are one of the largest operating expenses for an auto dealership. From lighting expansive showrooms to heating customer spaces, your operation depends on reliable natural gas and electricity. […]
Tuesday, September 1st saw the front-month NYMEX Natural Gas contract open at $2.860, $0.075 below Monday’s closing price of $2.935. Shrugging off current bullish forecasts in favor of stout supply […]
Recap: The oil market continued on its upward trend on Tuesday amid renewed escalation in tensions between the U.S. and Iran. The market was well supported following strikes in the […]