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October NYMEX Natural Gas Futures Contract Closed at $2.605 on Friday, September 8th

Par spragueoperati | septembre 11, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.605 on Friday, September 8th

Friday, September 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.632, five cents above Thursday’s closing price of $2.579. Traders sustained the previous day’s storage-induced rally throughout […]

The Market Remained Well Supported by Saudi Arabia and Russia’s Voluntary Extension of Their Combined Output Cuts

Par spragueoperati | septembre 11, 2023 | Commentaires fermés sur The Market Remained Well Supported by Saudi Arabia and Russia’s Voluntary Extension of Their Combined Output Cuts

Recap:  The oil market on Friday posted an outside trading day but continued to trade within Wednesday’s trading range. The market, which continued to take further profits in overnight trading, […]

October NYMEX Natural Gas Futures Contract Closed at $2.579 on Thursday, September 7th

Par spragueoperati | septembre 8, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.579 on Thursday, September 7th

Thursday, September 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.509, nearly even to Wednesday’s closing price of $2.510. Marking the intraday low of $2.500 within minutes […]

The Oil Market Posted an Inside Trading Day and Ended the Session in Negative Territory, Ending a Nine-Day Streak of Gains

Par spragueoperati | septembre 8, 2023 | Commentaires fermés sur The Oil Market Posted an Inside Trading Day and Ended the Session in Negative Territory, Ending a Nine-Day Streak of Gains

Recap:  The oil market posted an inside trading day and ended the session in negative territory, ending a nine-day streak of gains. The market traded lower on profit-taking. The crude […]

October NYMEX Natural Gas Futures Contract Closed at $2.510 on Wednesday, September 6th

Par spragueoperati | septembre 7, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.510 on Wednesday, September 6th

Wednesday, September 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.542, four cents below Monday’s closing price of $2.582. Achieving the intraday high and low of the […]

The Crude Market Traded Higher in Follow Through Strength Seen on Tuesday

Par spragueoperati | septembre 7, 2023 | Commentaires fermés sur The Crude Market Traded Higher in Follow Through Strength Seen on Tuesday

Recap:   On Wednesday, the crude market traded higher in follow through strength seen on Tuesday in light of the Saudi and Russian decision to extend their output cuts until the […]

October NYMEX Natural Gas Futures Contract Closed at $2.582 on Tuesday, September 5th

Par spragueoperati | septembre 6, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.582 on Tuesday, September 5th

Tuesday, September 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.603, sixteen cents below Friday’s closing price of $2.765. Knocked down over the long weekend, by forecasts […]

Saudi Arabia and Russia Extended Their Voluntary Supply Cuts by Three Months to the End of the Year

Par spragueoperati | septembre 6, 2023 | Commentaires fermés sur Saudi Arabia and Russia Extended Their Voluntary Supply Cuts by Three Months to the End of the Year

Recap:  The oil market rallied higher on Tuesday after Saudi Arabia and Russia extended their voluntary supply cuts by three months to the end of the year. The market traded […]

October NYMEX Natural Gas Futures Contract Closed at $2.765 on Friday, September 1st

Par spragueoperati | septembre 5, 2023 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.765 on Friday, September 1st

Friday, September 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.819, five cents above Thursday’s closing price of $2.768. Climbing steadily early on to record an intraday […]

Economic Indicators Continued to Surprise Market Participants by the Resiliency of the U.S. Economy

Par spragueoperati | septembre 5, 2023 | Commentaires fermés sur Economic Indicators Continued to Surprise Market Participants by the Resiliency of the U.S. Economy

Recap: The oil markets basically kept moving higher again on Friday, as economic indicators continued to surprise market participants by the resiliency of the U.S. economy. In addition growing market […]