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Recap: The crude oil market posted an inside trading day on Thursday as it retraced some of its losses after U.S. economic data allayed fears of an imminent recession. The […]
Recap: The crude market continued to give up its previous gains after the EIA reported a larger than expected build in crude stocks. The oil market posted a high of […]
Wednesday, August 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.201, five cents above Tuesday’s closing price of $2.148. Trending higher early on, a historically light storage […]
Wever Petroleum Inc., a trusted name for over 80 years, has taken a significant step towards sustainability by incorporating renewable diesel into its operations. This family-owned business is a full-service […]
Recap: The oil market posted an inside trading day as it gave up some of Monday’s sharp gains on concerns over demand. The IEA kept its 2024 and 2025 demand […]
Tuesday, August 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.214, nearly three cents above Monday’s closing price of $2.189. Ascending to record the intraday high of […]
Recap: The oil market continued to trend higher for a fifth consecutive session, extending gains seen in the previous week as U.S. recession fears eased and concerns over tensions in […]
Monday, August 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.226, eight cents above Friday’s closing price of $2.143. Attempting to continue last week’s rally, the contract […]
Recap: The oil market traded higher on Friday as it continued to retrace its previous losses seen earlier in the week. The market posted its first weekly gain in five […]
Friday, August 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.182, nearly six cents above Thursday’s closing price of $2.127. Recording the intraday high of $2.187 within […]