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Recap: The crude market continued on its upward trend on Friday and posted its largest weekly gain in more than three months. The market was well supported by the increased […]
Friday, September 26th saw the front-month NYMEX Natural Gas contract open at $2.881, $0.023 below Thursday’s closing price of $2.904. October settled lower on Friday at $2.835. Ready to assume […]
Energy markets are constantly shifting. Seasonal demand, global supply, and unpredictable weather can all cause prices to spike. For businesses that depend on heating oil, diesel, or gasoline, this volatility […]
Recap: The oil market looked ready to post an inside trading day before a late bout of buying pushed the market to its highs and settled higher on news that […]
Thursday, September 25th saw the front-month NYMEX Natural Gas contract open at $2.934, $0.076 above Wednesday’s closing price of $2.858. Stabilizing near $2.940 in the hour leading up to the […]
Recap: The oil market continued to trend higher on Wednesday amid concerns over Russian crude supplies and a draw in crude inventories. The market was lifted after U.S. President Donald […]
Wednesday, September 24th saw the front-month NYMEX Natural Gas contract open at $2.855, $0.002 above Tuesday’s closing price of $2.853. Recording the intraday low of $2.831 at 9:10AM, prices crept […]
Recap: The oil market traded higher on Tuesday after a deal to resume exports from Iraq’s Kurdistan region stalled, offsetting some concerns that the restart in Kurdish oil exports would […]
Tuesday, September 23rd saw the front-month NYMEX Natural Gas contract open at $2.790, $0.016 below Monday’s closing price of $2.806. Recording the intraday low of $2.779 within minutes of the […]
Recap: The oil market traded lower on Monday as the market sentiment was weighed down by oversupply concerns. The market was pressured by Iraq stating that it increased its oil […]