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The Oil Market Continued to Trend Lower on Wednesday, Extending the Losses Seen During Tuesday’s Session

Par spragueoperati | avril 27, 2023 | Commentaires fermés sur The Oil Market Continued to Trend Lower on Wednesday, Extending the Losses Seen During Tuesday’s Session

Recap:  The oil market continued to trend lower on Wednesday, extending the losses seen during Tuesday’s session as weak economic data raised concerns over a recession. The market retraced some […]

May NYMEX Natural Gas Futures Contract Closed at $2.307 on Tuesday, April 25th

Par spragueoperati | avril 26, 2023 | Commentaires fermés sur May NYMEX Natural Gas Futures Contract Closed at $2.307 on Tuesday, April 25th

Tuesday, April 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.214, five cents below Monday’s closing price of $2.273. Posting a steady rise throughout the day, marking […]

The Oil Market Traded Lower on Tuesday After Two Sessions of Gains

Par spragueoperati | avril 26, 2023 | Commentaires fermés sur The Oil Market Traded Lower on Tuesday After Two Sessions of Gains

Recap:   The oil market traded lower on Tuesday after two sessions of gains as concerns over the global economic outlook and a firmer dollar countered optimism about demand in China. […]

May NYMEX Natural Gas Futures Contract Closed at $2.273 on Monday, April 24th

Par spragueoperati | avril 25, 2023 | Commentaires fermés sur May NYMEX Natural Gas Futures Contract Closed at $2.273 on Monday, April 24th

Monday, April 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.198, three cents below Friday’s closing price of $2.233. Tallying the intraday low of $2.193 by 9:30AM, prices […]

The Market Erased Some of Friday’s Gains in Overnight Trading

Par spragueoperati | avril 25, 2023 | Commentaires fermés sur The Market Erased Some of Friday’s Gains in Overnight Trading

Recap:  The oil market on Monday retraced some more of its previous losses after the market settled in positive territory on Friday, although it had posted a weekly decline of […]

May NYMEX Natural Gas Futures Contract Closed at $2.233 on Friday, April 21st

Par spragueoperati | avril 24, 2023 | Commentaires fermés sur May NYMEX Natural Gas Futures Contract Closed at $2.233 on Friday, April 21st

Friday, April 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.243, nearly even to Thursday’s closing price of $2.249. Climbing to the intraday high of $2.256 ahead […]

The Oil Market Ended the Session Higher but Still Posted a Weekly Loss

Par spragueoperati | avril 24, 2023 | Commentaires fermés sur The Oil Market Ended the Session Higher but Still Posted a Weekly Loss

Recap:  The oil market ended the session higher but still posted a weekly loss following its sharp losses earlier in the week as interest rate uncertainty weighed on the market. […]

May NYMEX Natural Gas Futures Contract Closed at $2.249 on Thursday, April 20th

Par spragueoperati | avril 21, 2023 | Commentaires fermés sur May NYMEX Natural Gas Futures Contract Closed at $2.249 on Thursday, April 20th

Thursday, April 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.244, two cents above Wednesday’s closing price of $2.222. Extending to the intraday high of $2.271 within […]

The Market Has Reversed Almost All of its Gains Following the Saudi Announcement of Further Output Cuts

Par spragueoperati | avril 21, 2023 | Commentaires fermés sur The Market Has Reversed Almost All of its Gains Following the Saudi Announcement of Further Output Cuts

Recap:  The oil market on Thursday remained on its downward trend ahead of the May contract’s expiration at the close, trading to the lowest level since the end of March […]

May NYMEX Natural Gas Futures Contract Closed at $2.222 on Wednesday, April 19th

Par spragueoperati | avril 20, 2023 | Commentaires fermés sur May NYMEX Natural Gas Futures Contract Closed at $2.222 on Wednesday, April 19th

Wednesday, April 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.282, eight cents below Tuesday’s closing price of $2.366. Recording the intraday high as markets opened for […]