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The Oil Market Trended Higher as the Conflict Between Ukraine and Russia Escalated

By Emily Beckett | November 22, 2024 | 0 Comments

Recap:   The oil market on Thursday continued to trend higher as the conflict between Ukraine and Russia escalated further. The market posted a low of $68.86 in overnight trading before […]

December NYMEX Natural Gas Futures Contract Closed at $3.339 on Thursday, November 21st

By Emily Beckett | November 22, 2024 | 0 Comments

Thursday, November 21st saw the front month NYMEX Natural Gas Futures Contract open at $3.426, up $0.233 compared to Wednesday’s closing price of $3.193. Seeking direction within a five-cent range […]

Rethinking Renewable Fuels on the Path to Electrification 

By Emily Beckett | November 21, 2024 | 0 Comments

The energy transition is in full swing as we look to decarbonize our energy sources and meet climate goals, but as we look toward complete electrification it’s crucial not to […]

Builds Reported in Crude Oil and Gasoline Stocks

By Emily Beckett | November 21, 2024 | 0 Comments

Recap: On its last day as the spot contract, the December WTI contract ended the session lower as the market weighed the escalating conflict between Russia and Ukraine against the […]

December NYMEX Natural Gas Futures Contract Closed at $2.998 on Wednesday, November 20th

By Emily Beckett | November 21, 2024 | 0 Comments

Wednesday, November 20th saw the front month NYMEX Natural Gas Futures Contract open at $3.097, up $0.099 compared to Tuesday’s closing price of $2.998. Supportive by the arrival of seasonal […]

The Oil Market Weighed the News of Norway’s Oilfield Restarting Operations

By Emily Beckett | November 20, 2024 | 0 Comments

Recap:  The oil market on Tuesday weighed the news of Norway’s Johan Sverdrup oilfield restarting operations and reports of Iran offering to cap its uranium stocks against concerns over the […]

December NYMEX Natural Gas Futures Contract Closed at $2.998 on Tuesday, November 19th

By Emily Beckett | November 20, 2024 | 0 Comments

Tuesday, November 19th saw the front month NYMEX Natural Gas Futures Contract open at $2.927, up $0.046 compared to Monday’s closing price of $2.973. Recording the intraday low of $2.919 […]

News of a Halted Oil Output at Norway’s Johan Sverdrup Oilfield

By Emily Beckett | November 19, 2024 | 0 Comments

Recap:  The oil market rallied higher on Monday as Russia’s war in Ukraine escalated over the weekend and news of halted oil output at Norway’s Johan Sverdrup oilfield. The crude […]

December NYMEX Natural Gas Futures Contract Closed at $2.973 on Monday, November 18th

By Emily Beckett | November 19, 2024 | 0 Comments

Monday, November 18th saw the front month NYMEX Natural Gas Futures Contract open at $2.854, up $0.031 compared to Friday’s closing price of $2.823. Recovering from a brief dip to […]

Economic Trends in the U.S. and China Threaten Global Demand

By Emily Beckett | November 18, 2024 | 0 Comments

Recap:  The oil market gave up its previous gains and settled lower as economic trends in the U.S. and China threaten global demand. The market ended the session down 2.45% […]