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The Oil Market on Thursday Traded Higher After Reversing its Previous Losses

Par spragueoperati | mai 5, 2023 | Commentaires fermés sur The Oil Market on Thursday Traded Higher After Reversing its Previous Losses

Recap:  The oil market on Thursday traded higher after reversing its previous losses in what appeared to be a technical rebound. On the opening, the market sold off sharply by […]

June NYMEX Natural Gas Futures Contract Closed at $2.170 on Wednesday, May 3rd

Par spragueoperati | mai 4, 2023 | Commentaires fermés sur June NYMEX Natural Gas Futures Contract Closed at $2.170 on Wednesday, May 3rd

Wednesday, May 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.181, three cents below Tuesday’s closing price of $2.214. Reaching the intraday high of $2.192 by 9:15AM, […]

Traders Remained Concerned About the Economy as the Fed Raised Interest Rates

Par spragueoperati | mai 4, 2023 | Commentaires fermés sur Traders Remained Concerned About the Economy as the Fed Raised Interest Rates

Recap:  On Wednesday, the oil market extended its sharp losses seen on Tuesday, as traders remained concerned about the economy as the Fed raised interest rates. In overnight trading, the […]

June NYMEX Natural Gas Futures Contract Closed at $2.214 on Tuesday, May 2nd

Par spragueoperati | mai 3, 2023 | Commentaires fermés sur June NYMEX Natural Gas Futures Contract Closed at $2.214 on Tuesday, May 2nd

Tuesday, May 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.257, six cents below Monday’s closing price of $2.318. Recording the intraday high of $2.262 within minutes […]

The Oil Market Sold Off Sharply on Tuesday on Concerns Over the Economy

Par spragueoperati | mai 3, 2023 | Commentaires fermés sur The Oil Market Sold Off Sharply on Tuesday on Concerns Over the Economy

Recap:  The oil market sold off sharply on Tuesday on concerns over the economy amid discussions on ways to avoid a debt default and ahead of the Fed’s expected U.S. […]

June NYMEX Natural Gas Futures Contract Closed at $2.318 on Monday, May 1st

Par spragueoperati | mai 2, 2023 | Commentaires fermés sur June NYMEX Natural Gas Futures Contract Closed at $2.318 on Monday, May 1st

Monday, May 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.363, five cents below Friday’s closing price of $2.410. Recording the intraday high of $2.394 by 9:15AM, […]

Traders Weighed the Impact of the Federal Reserve Potentially Raising Interest Rates

Par spragueoperati | mai 2, 2023 | Commentaires fermés sur Traders Weighed the Impact of the Federal Reserve Potentially Raising Interest Rates

Recap:  The oil market posted an inside trading day on Monday as traders weighed the impact of the Federal Reserve potentially raising interest rates and weaker Chinese manufacturing data against […]

June NYMEX Natural Gas Futures Contract Closed at $2.410 on Friday, April 28th

Par spragueoperati | mai 1, 2023 | Commentaires fermés sur June NYMEX Natural Gas Futures Contract Closed at $2.410 on Friday, April 28th

Friday, April 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.465, twenty-one cents above Thursday’s closing price of $2.355. Spiking to a six-week intraday high of $2.503 […]

U.S. Economic Data and Uncertainty Over Further Interest Rate Increases Weighed on the Demand Outlook

Par spragueoperati | mai 1, 2023 | Commentaires fermés sur U.S. Economic Data and Uncertainty Over Further Interest Rate Increases Weighed on the Demand Outlook

Recap:  The oil market rallied higher on Friday and settled in positive territory, while it posted a weekly decline for a second consecutive week after U.S. economic data and uncertainty […]

June NYMEX Natural Gas Futures Contract Closed at $2.355 on Thursday, April 27th

Par spragueoperati | avril 28, 2023 | Commentaires fermés sur June NYMEX Natural Gas Futures Contract Closed at $2.355 on Thursday, April 27th

Thursday, April 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.297, a penny below Wednesday’s closing price of $2.305. Trading along either side of the $2.325 level […]