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Continuing Geopolitical News Regarding Israel and Hezbollah

Par Emily Beckett | septembre 30, 2024 | 0 commentaire

Recap:  The crude market on Friday posted an inside trading day as the market weighed expectations of increased global supply against some supportive news regarding new economic stimulus in China […]

November NYMEX Natural Gas Futures Contract Closed at $2.902 on Friday, September 27th

Par Emily Beckett | septembre 30, 2024 | 0 commentaire

Friday, September 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.798, $0.045 above Thursday’s closing price of $2.753. Recording the intraday low as markets opened, the contract […]

Saudi Arabia Prepares to Increase its Output and Gain Market Share

Par Emily Beckett | septembre 27, 2024 | 0 commentaire

Recap:  The oil market on Thursday continued on its recent downtrend following a Financial Times report that Saudi Arabia will give up its $100 price target as it prepares to […]

November NYMEX Natural Gas Futures Contract Closed at $2.753 on Thursday, September 26th

Par Emily Beckett | septembre 27, 2024 | 0 commentaire

Thursday, September 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.655, $0.018 above Wednesday’s closing price of $2.637. Trending gradually lower throughout the day, October settled lower […]

Concerns Over Output Disruptions in Libya Eased

Par Emily Beckett | septembre 26, 2024 | 0 commentaire

Recap:  The crude oil market on Wednesday retraced some of its previous gains despite the weekly petroleum stocks reports showing a larger than expected draw in crude stocks. The market […]

October NYMEX Natural Gas Futures Contract Closed at $2.637 on Wednesday, September 25th

Par Emily Beckett | septembre 26, 2024 | 0 commentaire

Wednesday, September 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.611, $0.060 above Tuesday’s closing price of $2.551. Seeking direction throughout the session, traders weighed the impact […]

The Crude Market Traded Higher on News of Monetary Stimulus in China

Par Emily Beckett | septembre 25, 2024 | 0 commentaire

Recap:  The crude market traded higher on news of monetary stimulus in China, the continuing concerns over the escalating tension in the Middle East and a tropical storm threatening supply […]

October NYMEX Natural Gas Futures Contract Closed at $2.551 on Tuesday, September 24th

Par Emily Beckett | septembre 25, 2024 | 0 commentaire

Tuesday, September 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.607, $0.006 below Monday’s closing price of $2.613. Chopping around within three cents of $2.610 throughout the […]

The Market Weighed Escalating Tensions in the Middle East Against Continuing Concerns Over Demand

Par Emily Beckett | septembre 24, 2024 | 0 commentaire

Recap:  The oil market on Monday posted an outside trading day as the market weighed the escalating tensions in the Middle East against continuing concerns over demand. The market traded […]

October NYMEX Natural Gas Futures Contract Closed at $2.613 on Monday, September 23rd

Par Emily Beckett | septembre 24, 2024 | 0 commentaire

Monday, September 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.500, $0.066 above Friday’s closing price of $2.434. Supported by another tropical storm that will soon enter […]