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August NYMEX Natural Gas Futures Contract Closed at $2.601 on Friday, June 28th

By Emily Beckett | July 1, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.601 on Friday, June 28th

Friday, June 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.732, five cents above Thursday’s closing price of $2.685. Recording the intraday high as markets opened, the […]

The Market Remained Supported by Concerns Over Geopolitical Tension in the Middle East

By Emily Beckett | June 28, 2024 | Comments Off on The Market Remained Supported by Concerns Over Geopolitical Tension in the Middle East

Recap:  The oil market traded higher on Thursday as the market remained supported by concerns over the geopolitical tension in the Middle East. However, its gains were limited by the […]

August NYMEX Natural Gas Futures Contract Closed at $2.685 on Thursday, June 27th

By Emily Beckett | June 28, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.685 on Thursday, June 27th

Thursday, June 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.750, just above Wednesday’s closing price of $2.745. Pulling back ahead of the weekly storage report, prices […]

The EIA’s weekly petroleum stocks reports showing unexpected builds in both crude and gasoline stocks

By spragueoperati | June 27, 2024 | Comments Off on The EIA’s weekly petroleum stocks reports showing unexpected builds in both crude and gasoline stocks

Recap:  The oil market settled slightly higher on Wednesday despite the EIA’s weekly petroleum stocks reports showing unexpected builds in both crude and gasoline stocks. The EIA reported a build […]

July NYMEX Natural Gas Futures Contract Closed at $2.628 on Wednesday, June 26th

By spragueoperati | June 27, 2024 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.628 on Wednesday, June 26th

Wednesday, June 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.685, seven cents below Tuesday’s closing price of $2.756. Trending lower as settlement drew near, July closed […]

The Oil Market on Tuesday Ended the Session Lower Ahead of the Release of the Weekly Petroleum Stocks Reports

By Emily Beckett | June 26, 2024 | Comments Off on The Oil Market on Tuesday Ended the Session Lower Ahead of the Release of the Weekly Petroleum Stocks Reports

Recap:  The oil market on Tuesday ended the session lower ahead of the release of the weekly petroleum stocks reports later in the afternoon and on Wednesday morning. The market’s […]

July NYMEX Natural Gas Futures Contract Closed at $2.756 on Tuesday, June 25th

By Emily Beckett | June 26, 2024 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.756 on Tuesday, June 25th

Tuesday, June 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.772, four cents below Monday’s closing price of $2.811. Arcing higher throughout the morning to tally the […]

The Market Remained Supported by Tensions in the Middle East and An Easing of the U.S. Dollar

By Emily Beckett | June 25, 2024 | Comments Off on The Market Remained Supported by Tensions in the Middle East and An Easing of the U.S. Dollar

Recap:  The crude market traded higher on Monday as the market remained supported by tensions in the Middle East and an easing of the U.S. dollar, which had rallied to […]

July NYMEX Natural Gas Futures Contract Closed at $2.811 on Monday, June 24th

By Emily Beckett | June 25, 2024 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.811 on Monday, June 24th

Monday, June 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.676, three cents below Friday’s closing price of $2.705. Recording the intraday low of $2.648 in the […]

U.S. Business Activity Increased to a 26 Month High in June Amid a Rebound in Employment

By Emily Beckett | June 24, 2024 | Comments Off on U.S. Business Activity Increased to a 26 Month High in June Amid a Rebound in Employment

Recap:  The oil market retraced its earlier gains on Friday and ended the session lower for the first time in four days but still ended the week up $2.68 or […]