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April NYMEX Natural Gas Futures Contract Closed at $2.216 on Friday, March 24th

Par spragueoperati | mars 27, 2023 | Commentaires fermés sur April NYMEX Natural Gas Futures Contract Closed at $2.216 on Friday, March 24th

Friday, March 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.174, two cents above Thursday’s closing price of $2.154. In a rather balance day of trading, the […]

The Market Remained Pressured by Concerns that the U.S. May Not Be Able to Refill its SPR in the Short Term

Par spragueoperati | mars 27, 2023 | Commentaires fermés sur The Market Remained Pressured by Concerns that the U.S. May Not Be Able to Refill its SPR in the Short Term

Recap:  The oil market on Friday continued to trade lower in follow through selling from Thursday’s session. The market remained pressured by concerns that the U.S. may not be able […]

April NYMEX Natural Gas Futures Contract Closed at $2.154 on Thursday, March 23rd

Par spragueoperati | mars 24, 2023 | Commentaires fermés sur April NYMEX Natural Gas Futures Contract Closed at $2.154 on Thursday, March 23rd

Thursday, March 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.162, a penny below Wednesday’s closing price of $2.171. Ascending to the $2.200 level ahead of the […]

U.S. Energy Secretary Jennifer Granholm said that refilling the country’s SPR would be difficult this year and may take several years

Par spragueoperati | mars 24, 2023 | Commentaires fermés sur U.S. Energy Secretary Jennifer Granholm said that refilling the country’s SPR would be difficult this year and may take several years

Recap: The oil market was in the midst of four day winning streak early in the session but sold off sharply ahead of the close under the weight of some bearish […]

April NYMEX Natural Gas Futures Contract Closed at $2.171 on Wednesday, March 22nd

Par spragueoperati | mars 23, 2023 | Commentaires fermés sur April NYMEX Natural Gas Futures Contract Closed at $2.171 on Wednesday, March 22nd

Wednesday, March 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.261, nine cents below Tuesday’s closing price of $2.348. Ascending to the intraday high of $2.303 by […]

The Dollar Fell to a Six-Week Low Ahead of the Federal Reserve’s Decision on Interest Rates

Par spragueoperati | mars 23, 2023 | Commentaires fermés sur The Dollar Fell to a Six-Week Low Ahead of the Federal Reserve’s Decision on Interest Rates

Recap:  The oil market on Wednesday continued on its upward trend despite an unexpected build in crude stocks, as the dollar fell to a six-week low ahead of the Federal […]

April NYMEX Natural Gas Futures Contract Closed at $2.348 on Tuesday, March 21st

Par spragueoperati | mars 22, 2023 | Commentaires fermés sur April NYMEX Natural Gas Futures Contract Closed at $2.348 on Tuesday, March 21st

Tuesday, March 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.165, six cents below Monday’s closing price of $2.223. Falling overnight due to fading heating demand expectations, […]

The Oil Market Extended its Gains for a Second Consecutive Day

Par spragueoperati | mars 22, 2023 | Commentaires fermés sur The Oil Market Extended its Gains for a Second Consecutive Day

Recap: The oil market extended its gains for a second consecutive day on Tuesday as global banking concerns eased and traders await the outcome of the Federal Reserve’s monetary policy […]

April NYMEX Natural Gas Futures Contract Closed at $2.223 on Monday, March 20th

Par spragueoperati | mars 21, 2023 | Commentaires fermés sur April NYMEX Natural Gas Futures Contract Closed at $2.223 on Monday, March 20th

Monday, March 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.372, three cents above Friday’s closing price of $2.338. Marking the intraday high of $2.388 within minutes […]

The oil market on Monday saw a late day rally and ended higher

Par spragueoperati | mars 21, 2023 | Commentaires fermés sur The oil market on Monday saw a late day rally and ended higher

Recap: The oil market on Monday saw a late day rally and ended higher, recouping some of last week’s sharp losses.  Early in the session, the market continued on its downward […]