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The Oil Market Sold Off Sharply Following the Long Labor Day Holiday

Par Emily Beckett | septembre 4, 2024 | 0 commentaire

Recap:  The oil market sold off sharply on Tuesday, following the long Labor Day holiday on Monday, after reports that a deal was imminent to resolve a dispute that has […]

October NYMEX Natural Gas Futures Contract Closed at $2.203 on Tuesday, September 3rd

Par Emily Beckett | septembre 4, 2024 | 0 commentaire

Tuesday, September 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.132, slightly above Friday’s closing price of $2.127. Entering the market in a down swing following the […]

Concerns About Demand and the Expectation of Increased Supply From OPEC+

Par Emily Beckett | septembre 3, 2024 | 0 commentaire

Recap:  The oil market erased its recent gains and posted a weekly decline of 1.71% amid concerns about demand and the expectation of increased supply from OPEC+. The market traded […]

Concerns Over Libya’s Oil Output Outweighed a Smaller Than Expected Draw in U.S. Crude Stocks

Par Emily Beckett | août 30, 2024 | 0 commentaire

Recap:  The crude market on Thursday remained steady following two sessions of losses as concerns over Libya’s oil output outweighed a smaller than expected draw in U.S. crude stocks. The […]

October NYMEX Natural Gas Futures Contract Closed at $2.137 on Thursday, August 29th

Par Emily Beckett | août 30, 2024 | 0 commentaire

Thursday, August 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.056, four cents below Wednesday’s closing price of $2.097. Receding to mark an intraday low of $2.026 […]

What Does Energy Deregulation Mean for Businesses in the Northeast?

Par Emily Beckett | août 29, 2024 | 0 commentaire

What is Energy Delivery Service? Whether your business relies on electricity, natural gas, or both, you obtain these services from your local utility company. Utilities are responsible for delivering electricity […]

Concerns Over Chinese Demand and Increased Risks of a Broader Economic Slowdown

Par Emily Beckett | août 29, 2024 | 0 commentaire

Recap:  The crude market continued to trend lower as demand concerns outweighed geopolitical tensions. The market traded lower due to continuing concerns over Chinese demand and increased risks of a […]

October NYMEX Natural Gas Futures Contract Closed at $2.097 on Wednesday, August 28th

Par Emily Beckett | août 29, 2024 | 0 commentaire

Wednesday, August 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.890, a penny below Tuesday’s closing price of $1.904. Marking a four-month intraday low of $1.856 within […]

A Potential Shutdown of Most of Libya’s Oil Fields

Par Emily Beckett | août 28, 2024 | 0 commentaire

Recap:  The oil market posted an inside trading day on a price correction after rallying over the previous three sessions on supply concerns amid fears of widening Middle East conflict […]

September NYMEX Natural Gas Futures Contract Closed at $1.904 on Tuesday, August 27th

Par Emily Beckett | août 28, 2024 | 0 commentaire

Tuesday, August 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.934, two cents below Monday’s closing price of $1.956. Recording the intraday high of $1.936 within minutes […]