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For liquid tank terminal managers, the increasing cost of electricity is becoming more of a pressing concern. Terminals, particularly those utilizing pump systems and heated storage, require substantial energy input, […]
Recap: The oil market on Monday posted another outside trading session as it retraced some of its early losses and rallied sharply higher after U.S. President Donald Trump suggested that […]
Monday, March 31st saw the front-month NYMEX Natural Gas contract open at $4.216, $0.151 cents above Friday’s closing price of $4.065. Recording the intraday high of $4.238 at 9:25AM, near-term […]
Recap: The crude market on Friday settled lower and posted an outside trading day after posting an inside trading day on Thursday. Early in the session, the market remained supported […]
Friday, March 28th saw the front-month NYMEX Natural Gas contract open at $3.939, $0.052 cents below Wednesday’s closing price $3.925. Slipping to an intraday low of $3.870 ahead of 10:25AM, […]
Recap: The oil market on Thursday posted an inside trading day as the market continued to assess the U.S. tariff announcements and concerns over global supply kept the market well […]
Thursday, March 27th saw the April NYMEX Natural Gas Futures Contract settle $0.089 higher at $3.950. The more actively traded May contract opened at $3.820, $0.052 cents below Wednesday’s closing […]
Recap: The oil market on Wednesday remained well supported by concerns over tighter global supply following the threat of tariffs on countries buying Venezuelan crude. The market was further buoyed […]
Wednesday, March 26th saw the front-month NYMEX Natural Gas Futures Contract open at $3.843, up $0.003 compared to Tuesday’s closing price of $3.840. Trading within a tight band near $3.880 […]
Recap: The WTI crude oil market traded lower on Tuesday, breaking a four day winning streak, on news that the U.S. reached separate agreements with Ukraine and Russia that may […]