April WTI crude oil (CLJ23 ) on Monday closed up +0.90 (+1.35%), and Apr RBOB gasoline (RBJ23 ) closed up +3.35 (+1.38%). Crude oil and gasoline prices Monday posted moderate gains. Crude oil Monday recovered...
April Nymex natural gas (NGJ23 ) on Monday closed down -0.115 (-4.92%). Apr nat-gas prices Monday dropped to a 3-week low as the outlook for milder temperatures will reduce the heating demand for nat-gas...
April WTI crude oil (CLJ23 ) this morning is down -0.46 (-0.69%), and Apr RBOB gasoline (RBJ23 ) is up +0.86 (+0.34%). April Nymex natural gas (NGJ23 ) is down -0.059 (-2.52%). Crude oil and gasoline...
Market prices often focus on critical levels that test the supply and demand fundamentals. While speculation and other factors can push prices to extremes on the up or downside, they tend to return to...
Oil prices are struggling as a crisis of confidence in the global banking system is overshadowing what normally would be very bullish fundamentals. The fear is that fear will lock up the economy, reversing...
On Friday we suggested a Neutral bias and the markets veered Lower. What will we see today?
The downtrend may be expected to continue, while market is trading below resistance level 72,92, which will be followed by reaching support level 61.
This week it’s all about the green… green diesel that is. I am spreading this update out over two weeks as there is far too much material to get through in one update. This week we will dive into...
April Nymex natural gas (NGJ23 ) on Friday closed down -0.176 (-7.00%). Apr nat-gas Friday sold off to a 3-week low and closed sharply lower. Nat-gas prices fell on a milder U.S. weather outlook that...
April WTI crude oil (CLJ23 ) on Friday closed down -1.61 (-2.36%), and Apr RBOB gasoline (RBJ23 ) closed down -0.20 (-0.08%). Crude oil and gasoline prices Friday retreated, with crude falling to a 15-month...
