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When businesses think about energy supply, most picture producers (upstream) or end distributors (downstream), but there’s an essential link in the middle: midstream energy providers. These companies handle the critical […]
Recap: The crude market fell on Wednesday as it remained weighed down by concerns of a possible supply glut and weak economic data. U.S. manufacturing contracted for an eighth consecutive […]
Wednesday, November 5th saw the front-month NYMEX Natural Gas contract open at $4.279, $0.064 below Tuesday’s closing price of $4.343. Ascending to record the intraday high of $4.346 at 10:40AM, […]
Tuesday, November 4th saw the front-month NYMEX Natural Gas contract open at $4.234, $0.032 below Monday’s closing price of $4.266. Mirroring the previous day’s activity, prices fell to an intraday […]
Recap: The crude market traded lower on Tuesday as a stronger dollar weighed on demand, while the OPEC+ decision to pause its output increases in the first quarter of next […]
Recap: The oil market ended the session higher on Monday but continued to trade within last Tuesday’s trading range after OPEC+ decided to increase its oil output by 137,000 bpd […]
Monday, November 3rd saw the front-month NYMEX Natural Gas contract open at $4.163, $0.039 above Friday’s closing price of $4.124. Pulling back through the opening hour to record the intraday […]
Recap: The oil market on Friday traded higher, still remaining relatively sideways as it traded within Tuesday’s trading range. The market was trading mostly sideways as it continued to erase […]
Friday, October 31st saw the front-month NYMEX Natural Gas contract open at $4.097, $0.132 above Thursday’s closing price of $3.965. Overnight gains driven by record LNG demand and forecasts calling […]
Recap: The oil market ended the session slightly higher after it traded mostly sideways for much of the day as traders assessed the potential trade truce between the U.S. and […]