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3-5-21 RCC Energy Market Update

Mar 5 •

The energy complex ended the week with an exclamation point as prices surged at the close to push them to highs not seen in more than a year. Analysts continued to digest the news from yesterday that OPEC and its allies decided to roll current production cut levels into April as well as Saudi Arabia […]

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1-12-21 RCC Energy Market Update

Jan 12 •

Oil prices shot up to levels not seen since mid-February, posting further gains riding the wake of the OPEC+ cuts, and edged a bit higher by a slightly weaker dollar.  RBOB futures showed the most strength rising higher by 2.23%, up $0.0322. Heating oil jumped by $0.0232. WTI finished moderately higher, up $0.96. API figures will […]

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1-7-21 RCC Energy Market Update

Jan 7 •

Energy markets struggled early in today’s session as prices were flat to negative and looked to be on track for a breather after two days of gains. However, all products fought through the day to manage small gains across the board which is now three consecutive days. There was really no news out today that […]

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