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Concern Over Tight Supplies was Outweighed by Escalating Fear of Sharp Interest Rate Hikes

Par spragueoperati | septembre 19, 2022 | Commentaires fermés sur Concern Over Tight Supplies was Outweighed by Escalating Fear of Sharp Interest Rate Hikes

Recap:  Oil prices dipped in early trade on Friday, extending the week's losses as concern over tight supply was outweighed by escalating fear of sharp interest rate hikes slamming global […]

October NYMEX Natural Gas Futures Contract Closed at $8.324 on Thursday, September 15th

Par spragueoperati | septembre 16, 2022 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $8.324 on Thursday, September 15th

Thursday, September 15th saw the October NYMEX Natural Gas Futures Contract open at $8.562, fifty-five cents below Wednesday’s closing price of $9.114. Marking the intraday high of $8.573 within minutes […]

Oil Futures Declined on Thursday, with U.S. Prices Settling at Their Lowest in a Week

Par spragueoperati | septembre 16, 2022 | Commentaires fermés sur Oil Futures Declined on Thursday, with U.S. Prices Settling at Their Lowest in a Week

Recap: Oil futures declined on Thursday, with U.S. prices settling at their lowest in a week. Oil fundamentals are still mostly bearish as China's demand outlook remains a big question mark […]

October NYMEX Natural Gas Futures Contract Closed at $9.114 on Wednesday, September 14th

Par spragueoperati | septembre 15, 2022 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $9.114 on Wednesday, September 14th

Wednesday, September 14th saw the October NYMEX Natural Gas Futures Contract open at $8.605, thirty-two cents above Tuesday’s closing price of $8.284. Marking the intraday low of $8.599 within minutes […]

Biden Administration May Consider Refilling the Nation’s Strategic Petroleum Reserve

Par spragueoperati | septembre 15, 2022 | Commentaires fermés sur Biden Administration May Consider Refilling the Nation’s Strategic Petroleum Reserve

Recap: Oil futures settled higher on Wednesday, buoyed in part by a report from Bloomberg Tuesday that said the Biden administration may consider refilling the nation's Strategic Petroleum Reserve when […]

October NYMEX Natural Gas Futures Contract Closed at $8.284 on Tuesday, September 13th

Par spragueoperati | septembre 14, 2022 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $8.284 on Tuesday, September 13th

Tuesday, September 13th saw the October NYMEX Natural Gas Futures Contract open at $8.403, fifteen cents above Monday’s closing price of 8.249. Recording the intraday high of $8.412 as the […]

The Oil Market Posted an Outside Trading Day After the Market Traded Lower

Par spragueoperati | septembre 14, 2022 | Commentaires fermés sur The Oil Market Posted an Outside Trading Day After the Market Traded Lower

Recap:  On Tuesday, the oil market posted an outside trading day after the market traded lower, reversing its earlier gains as U.S. consumer prices unexpectedly increased in August. The oil […]

October NYMEX Natural Gas Futures Contract Closed at $8.249 on Monday, September 12th

Par spragueoperati | septembre 13, 2022 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $8.249 on Monday, September 12th

Monday, September 12th saw the October NYMEX Natural Gas Futures Contract open at $7.895, ten cents below Friday’s closing price of $7.996. Ascending from the intraday low of $7.885 near […]

Oil Futures Extend Gains as Commodity Prices Rise Amid a Weakening of the Dollar

Par spragueoperati | septembre 13, 2022 | Commentaires fermés sur Oil Futures Extend Gains as Commodity Prices Rise Amid a Weakening of the Dollar

Recap: Oil futures extend gains as commodity prices rise amid a weakening of the dollar. WTI crude is up 2.6% to $89.10 a barrel. Concerns about global demand remain as […]

October NYMEX Natural Gas Futures Contract Closed at $7.996 on Friday, September 9th

Par spragueoperati | septembre 12, 2022 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $7.996 on Friday, September 9th

Friday, September 9th saw the October NYMEX Natural Gas Futures Contract open at $8.118, twenty cents above Thursday’s closing price of $7.915. Achieving an intraday high of $8.118 within minutes […]