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Recap: The oil market on Friday continued on its upward trend, posting a weekly gain of 4.68% after the market breached its resistance line late Thursday afternoon. The market remained […]
Friday, May 9th saw the front-month NYMEX Natural Gas contract open at $3.713, $0.121 cents above Thursday’s closing price of $3.592. Looking past the bearish storage report from the previous […]
In today’s energy landscape, the term “bio” is more relevant than ever. Yet there is still much to communicate as biofuel mandates and regulatory updates continue to evolve across the […]
Recap: The oil market ended Thursday’s session higher on optimism about a U.S. trade deal with the U.K. and planned trade talks with China. The market posted a low of […]
Thursday, May 8th saw the front-month NYMEX Natural Gas contract open at $3.683, $0.062 cents above Wednesday’s closing price of $3.621. Recording the intraday high of $3.692 within minutes of […]
Recap: The oil market erased some of its gains on Wednesday following Tuesday’s technical rebound as the market remained concerned about a possible oversupply at a time when U.S. tariffs […]
Wednesday, May 7th saw the front-month NYMEX Natural Gas contract open at $3.597, $0.134 cents above Tuesday’s closing price of $3.463. Jumping higher overnight due to reduced production reports and […]
Recap: The oil market rebounded on Tuesday on some bargain hunting after the market settled at its lowest level since February 2021 in light of the OPEC+ decision to further […]
Tuesday, May 6th saw the front-month NYMEX Natural Gas contract open at $3.536, $0.014 cents below Monday’s closing price of $3.550. Reclaiming lost ground following the previous day’s profit-taking, prices […]
Recap: The oil market gapped lower from $57.74 to $56.76 on the opening after OPEC+ decided to accelerate its output hikes on Saturday. OPEC+ agreed to further speed up its […]