Today’s Market Trend

WTI crude prices have recovered the $49.50/b mark this morning, after staving off a potential drop below $48/b yesterday. WTI opened at $49.27/b today, a small increase of $0.05, or 0.10%, below yesterday’s opening price. Current WTI prices are $49.52/b, a continued recovery of $0.55 above yesterday’s closing price. Both crude and product prices trended […]

Today’s Market Trend

WTI crude prices slumped below $49/b this morning, and prices are currently in the $48.50-$48.75/b range. Over the past two days, WTI prices had dipped below $49/b briefly, but they regained the $49/b mark before market closing. WTI opened at $49.22/b today, a relatively modest decrease of $0.14, or 0.28%, below yesterday’s opening price. But […]

Today’s Market Trend

WTI crude prices have remained in the $49.00-$49.50/b range this morning. Prices yesterday dipped below $49/b briefly, but recovered to close the day at $49.56/b. WTI opened at $49.36/b today, an increase of $0.14, or 0.28%, above yesterday’s opening price. Current prices are $49.23/b, $0.33 below yesterday’s closing price. WTI crude prices have opened lower […]

Today’s Market Trend

WTI crude prices have weakened to approximately $49.20/b this morning, after continuing to decline yesterday. WTI opened at $49.22/b today, a drop of $0.46, or 0.93%, below yesterday’s opening price. Current prices are $49.21/b, $0.02 below yesterday’s closing price. WTI crude prices have opened lower in six of the last eight trading sessions, falling by […]

Today’s Market Trend

WTI crude prices have retreated below $50/b this morning. WTI opened at $49.68/b today, a drop of $1.03, or 2.03%, below Friday’s opening price. Current prices are $49.91/b, $0.29 above Friday’s closing price. Product prices also dropped on Friday, then leveled off and opened slightly higher this morning. Diesel opened at $1.5557/gallon in today’s session. […]

Today’s Market Trend

WTI crude prices are in the $50.50-$50.75/b range this morning. Wednesday brought a sharp downward price correction, and prices yesterday stagnated. WTI opened at $50.71/b today, an increase of $0.08, or 0.16%, above yesterday’s opening price. Current prices are $50.60/b, $0.11 below yesterday’s close. Product prices also dropped sharply Wednesday. Like crude, product prices levelled […]

Today’s Market Trend

WTI crude prices are in the $50.50-$50.75/b range this morning after a sharp drop yesterday. WTI opened at $50.63/b today, a significant decrease of $1.73, or 3.3%, below yesterday’s opening price. Current prices are $50.59/b, $0.15 above Wednesday’s close. OPEC was quick to emphasize that consensus was building on the extension of the production cut […]

Today’s Market Trend

WTI crude prices retreated to the $52.00-$52.50/b range this morning. Yesterday morning brought a price surge, followed by a sell-off that continued overnight. WTI opened at $52.75/b today, a decrease of $0.22 below Thursday’s opening price. Current prices are $52.30/b, $0.35 below Monday’s close. Product prices also surged yesterday morning before heading down again. Diesel […]

U.S. natural gas storage capacity increased slightly in 2016

For the past three years, underground natural gas storage capacity in the Lower 48 states has changed by relatively small increments compared to the changes in 2012 and 2013. No new storage facilities have entered service since 2013, so recent annual changes in both storage design capacities and demonstrated maximum working gas volumes reflect the […]

Today’s Market Trend

WTI crude prices are back above $53/b this morning, after a price retreat over the long weekend. WTI opened at $52.97/b today, an increase of $0.12 above Thursday’s opening price. Current prices are $53.06/b, $0.12 below Thursday’s close. Product prices also subsided Thursday and waned further over the weekend. Prices today are trending back up […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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