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For businesses that purchase wholesale heating oil and store fuel on site, proper storage practices are an important part of protecting fuel quality and maintaining reliable operations. Heating oil can […]
Recap: The oil market traded lower on Tuesday on signs of recovering crude exports from the Middle East, with the restart of the East-West pipeline in Saudi Arabia and the […]
Tuesday, September 29th saw the front-month NYMEX Natural Gas contract open at $3.060, $0.046 below Monday’s closing price of $3.106. Recording the intraday high of $3.068 within the opening minutes […]
Recap: The oil market on Monday erased its early gains but remained within last Thursday’s trading range amid the stalemate in U.S.-Iran peace talks. On Saturday, U.S. President Donald Trump […]
Monday, September 28th saw the front-month NYMEX Natural Gas contract open at $3.088, $0.108 below Friday’s closing price of $3.196. With limited trading activity October settled lower on Monday at […]
Recap: The oil market on Friday posted an inside trading day as the market weighed the possibility of a diplomatic resolution between the U.S. and Iran against concerns of continuing […]
Friday, September 25th saw the front-month NYMEX Natural Gas contract open at $3.189, $0.108 below Thursday’s closing price of $3.297. Trending lower overnight, profit-taking took hold early on following the […]
If you have been following the headlines, you know the broad strokes: the Iran conflict sent oil markets into a tailspin and distillate supply has been under pressure ever since. […]
Recap: The oil market retraced its previous losses on Thursday after posting an inside trading day on Wednesday as talks between the U.S. and Iran showed little sign of progress. […]
Thursday, September 24th saw the front-month NYMEX Natural Gas contract open at $3.001, $0.022 below Wednesday’s closing price of $3.023. Trading sideways near $3.005 through the day’s opening hour, marking […]