Friday’s trading session was not a very dynamic session for energy futures. No statements or progress was made from U.S. talks with Iran, the U.S. dollar inched its way higher, and the overall equities market was mixed to round out the week. Crude oil prices of late have traded through sessions with more than $2/barrel […]
Gasoline prices drastically faded from a.m. highs and somewhat minimal gains in the battered crude oil and ULSD complex. RBOB was up by as much as 0.05/cpg at one point in Tuesday’s session, but it closed very near session lows and continued to fizzle out after settlement. Around mid-day trade RBOB price started to rise […]
Throughout Monday, the petroleum complex fell under selling pressure as futures gave back most of the gains seen ahead of the long holiday weekend. While prices fell sharply, the range in crude oil and refined products that has developed over the past couple of weeks remains well intact, though prices are moving back toward the […]
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