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September NYMEX Natural Gas Futures Contract Closed at $2.036 on Wednesday, July 31st

By Emily Beckett | August 1, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.036 on Wednesday, July 31st
Two men pose at a Sprague Energy trade show table displaying promotional items and a banner about natural gas and electricity services, overlaid with the text 'Natural Gas MarketWatch' in bold white font framed by a red rectangle.

Wednesday, July 31st saw the front-month NYMEX Natural Gas Futures Contract open at $2.096, three cents below Tuesday’s closing price of $2.126. Recording the intraday high of $2.099 mere minutes […]

Reuters Survey Showed that China’s Manufacturing Activity Likely Fell for a Third Consecutive Month in July

By Emily Beckett | July 31, 2024 | Comments Off on Reuters Survey Showed that China’s Manufacturing Activity Likely Fell for a Third Consecutive Month in July

Recap:  The oil market continued to trend lower on Tuesday settling lower for the third consecutive session amid concerns over demand in China. Some disappointing economic news from China has […]

September NYMEX Natural Gas Futures Contract Closed at $2.126 on Tuesday, July 30th

By Emily Beckett | July 31, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.126 on Tuesday, July 30th
Blue-tinted image of a lit natural gas stove burner with the text 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle overlay.

Tuesday, July 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.017, two cents below Monday’s closing price of $2.036. Slipping to an intraday low of $1.992 at […]

The Oil Market Sold Off Sharply After Deadly Strike in the Israeli-Occupied Golan Heights

By Emily Beckett | July 30, 2024 | Comments Off on The Oil Market Sold Off Sharply After Deadly Strike in the Israeli-Occupied Golan Heights
Fleet of white fuel trucks parked at a terminal loading facility with overlay text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap:  The oil market on Monday sold off sharply after Israeli officials said they wanted to avoid the widening of conflict in the Middle East as it responded to a […]

September NYMEX Natural Gas Futures Contract Closed at $2.036 on Monday, July 29th

By Emily Beckett | July 30, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.036 on Monday, July 29th
Commercial kitchen scene with chefs preparing food, overlaid with the text 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Monday, July 27th, settlement day for the August contract, saw the front-month open at $2.038, three cents above Friday’s closing price of $2.006. Facing bearish pressure from steady production and […]

The Market Will Look for Updates on Whether a Ceasefire is Finally Becoming Realized Between Israel and Hamas

By Emily Beckett | July 29, 2024 | Comments Off on The Market Will Look for Updates on Whether a Ceasefire is Finally Becoming Realized Between Israel and Hamas
Sprague Energy renewable diesel truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The NYMEX oil futures markets, while finishing lower Friday, basically remained mired in a trading range that the crude oil, heating oil and gasoline contracts have been contained in […]

August NYMEX Natural Gas Futures Contract Closed at $2.006 on Friday, July 26th

By Emily Beckett | July 29, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.006 on Friday, July 26th
Digital stock market display board over a cityscape background with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Friday, July 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.035, nearly a penny below Thursday’s closing price of $2.041. Trading sideways along $2.025 for the majority […]

The Market Gave Back Some of Wednesday’s Gains Following the Bullish U.S. Crude Oil and Products Drawdowns

By Emily Beckett | July 26, 2024 | Comments Off on The Market Gave Back Some of Wednesday’s Gains Following the Bullish U.S. Crude Oil and Products Drawdowns
Smiling man in a cap and vest stands near a fuel tanker truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The oil market ended the session higher after it posted an outside trading day on Thursday. In overnight trading, the market gave back some of Wednesday’s gains following the […]

August NYMEX Natural Gas Futures Contract Closed at $2.041 on Thursday, July 25th

By Emily Beckett | July 26, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.041 on Thursday, July 25th
Close-up of a blue flame on a natural gas stove burner with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Thursday, July 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.104, a penny below Wednesday’s closing price of $2.117. Despite strong short-term cooling demand drawing near, the […]

The Oil Market Broke its Three Day Losing Streak in Light of the Supportive Oil Inventory Reports

By Emily Beckett | July 25, 2024 | Comments Off on The Oil Market Broke its Three Day Losing Streak in Light of the Supportive Oil Inventory Reports
Industrial storage tanks at a fuel terminal with city skyline in the background, overlaid with the text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap:  The oil market on Wednesday posted an inside trading day and broke its three day losing streak in light of the supportive oil inventory reports. The crude market posted […]