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De-Escalation of the U.S.-China Trade Tensions

By Emily Beckett | May 19, 2025 | Comments Off on De-Escalation of the U.S.-China Trade Tensions

Recap:  The oil market on Friday posted an inside trading day and ended with a second consecutive weekly gain amid the de-escalation of the U.S.-China trade tensions, with a 90-day […]

June NYMEX Natural Gas Futures Contract Closed at $3.334 on Friday, May 16th

By Emily Beckett | May 19, 2025 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $3.334 on Friday, May 16th

Friday, May 16th saw the front-month NYMEX Natural Gas contract open at $3.362, even with Thursday’s closing price of $3.362. Ascending to an intraday high of $3.447 at 9:45AM, prices […]

Oil Market Trades Sharply Lower on U.S.-Iran Deal Prospects and Rising Supply Outlook

By Emerson Doiron | May 16, 2025 | Comments Off on Oil Market Trades Sharply Lower on U.S.-Iran Deal Prospects and Rising Supply Outlook

Recap:  The oil market on Thursday traded sharply lower on the possibility of a U.S.-Iran nuclear deal that raised the prospect of increased global crude supply. The June WTI contract […]

June NYMEX Natural Gas Futures Contract Closed at $3.362 on Thursday, May 15th

By Emerson Doiron | May 16, 2025 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $3.362 on Thursday, May 15th

Thursday, May 15th saw the front-month NYMEX Natural Gas contract open at $3.439, $0.053 cents below Wednesday’s closing price of $3.492. Ascending to an intraday high of $3.494 ahead of […]

June NYMEX Natural Gas Futures Contract Closed at $3.492 on Wednesday, May 14th

By Emily Beckett | May 15, 2025 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $3.492 on Wednesday, May 14th

Wednesday, May 14th saw the front-month NYMEX Natural Gas contract open at $3.534, $0.113 cents below Tuesday’s closing price of $3.647. Near-term bearish weather forecasts and expectations for another above-average […]

The Market Remained Cautious Amid the Uncertainties Around Global Trade Negotiations

By Emily Beckett | May 15, 2025 | Comments Off on The Market Remained Cautious Amid the Uncertainties Around Global Trade Negotiations

Recap:  The oil market posted an inside trading day as the market remained cautious amid the lingering uncertainties around global trade negotiations. The market traded to its high of $63.68 […]

The Market Was Supported by the U.S.-China Agreement to Cut Tariffs

By Emily Beckett | May 14, 2025 | Comments Off on The Market Was Supported by the U.S.-China Agreement to Cut Tariffs

Recap:  The oil market on Tuesday remained supported by the U.S.-China agreement to cut tariffs for at least 90 days. While the market rallied about 4% on Monday, the market […]

June NYMEX Natural Gas Futures Contract Closed at $3.647 on Tuesday, May 13th

By Emily Beckett | May 14, 2025 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $3.647 on Tuesday, May 13th

Tuesday, May 13th saw the front-month NYMEX Natural Gas contract open at $3.682, $0.036 cents above Monday’s closing price of $3.646. Marking the intraday high of $3.703 ahead of 9:10AM […]

The U.S. and China Agreed to Temporarily Cut Tariffs

By Emily Beckett | May 13, 2025 | Comments Off on The U.S. and China Agreed to Temporarily Cut Tariffs

Recap:  The oil market on Monday rallied higher after the U.S. and China agreed to temporarily cut tariffs, easing concerns over a deepening trade war that has threatened global economic […]

June NYMEX Natural Gas Futures Contract Closed at $3.646 on Monday, May 12th

By Emily Beckett | May 13, 2025 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $3.646 on Monday, May 12th

Monday, May 12th saw the front-month NYMEX Natural Gas contract open at $3.702, $0.093 cents above Friday’s closing price of $3.795. Marking the intraday high of $3.719 soon after the […]