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Early Monday morning crude and products were all in negative territory but bounced back and erased almost half of the morning's sell off

March 13, 2018
Recap: The bullish mood from Friday failed to firmly take root in the new trading week. While the crude oil market opened Sunday slightly higher the products did not and by the early hours of Monday morning the crude and the products were all in negative territory and continued t ... Read More
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April NYMEX Natural Gas Futures Contracts Closed at $2.732 on Friday, March 9th

March 12, 2018
Friday, March 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.726, three cents below Thursday’s closing price of $2.756.  Despite wintry conditions covering much of the east coast, the contract can’t argue with the fact that spring is less than two weeks aw ... Read More

For the first time in seven weeks the Baker Hughes drilling report showed a decline in the number of oil drilling rigs operating in the US

March 12, 2018
Recap: After a two day decline in the oil markets, the bulls came charging back into the market today, following a strong stock market. The equities market found positive news in a strong U.S. jobs report, along with the potential easing in geopolitical tensions surrounding the N ... Read More
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New England Energy Market Developments

March 12, 2018
It is hard to forget the start of 2018 as the Cold Snap that descended upon the region tied or set new record-low temperatures and record high-energy prices.  Some portions of the Northeast region had not experienced temperatures that low for that sustained period of time in roug ... Read More
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A strong rebound in the value of the dollar appeared to keep the oil market from gaining any real traction toward the upside

March 9, 2018
Recap: The bulls in the oil market remained on the defensive for the second day in a row.  While the stock market rebounded today, the strong rebound in the value of the dollar appeared to keep the oil market from gaining any real traction toward the upside. Then with the release ... Read More
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April NYMEX Natural Gas Futures Contracts Closed at $2.756

March 9, 2018
Thursday, March 8th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.782, slightly above Wednesday’s closing price of $2.777.  Posting notable losses through the session’s opening hour, prices fell to the intraday low of $2.737 by 9:50AM as previously expected b ... Read More

April NYMEX Natural Gas Futures Contracts Closed at $2.777 on Wednesday, March 7th

March 8, 2018
Wednesday, March 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.777, three cents above Tuesday’s closing price of $2.749.  Adding a penny as markets opened to reach the intraday high of $2.788, the contract retreated slightly in the following hour to mark ... Read More

The market traded lower as US oil production increased to a record high of 10.369 million bpd on the week

March 8, 2018
Recap: The oil market on Wednesday traded mostly sideways in overnight trading before it breached its previous losses and sold off to $61.65 ahead of the release of the EIA’s weekly inventory report.  The market quickly pared its earlier losses following the release of the invent ... Read More
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April NYMEX Natural Gas Futures Contracts Closed at $2.749 on Tuesday, March 6th

March 7, 2018
Tuesday, March 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.732, three cents above Monday’s closing price of $2.704.  Directed higher overnight by below-average forecasts, prices traded along the $2.74 mark for the majority of the morning.  Slipping to t ... Read More

The inventory report is expected to reflect an increase of 3 million barrels of oil

March 7, 2018
Recap: Oil prices were mixed on Tuesday, trading within a tight range ahead of the API inventory report. Brent was the stronger of the two blends, holding onto gains as Europe continues to cope with unseasonably cold weather. WTI traded on both sides of unchanged, ultimately hold ... Read More
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