Updates from Northland Energy Trading

  • Propane News & Numbers 3/4/2021
    Propane prices fell on Wednesday, with Conway prices falling back to levels not seen since early last month - wiping out the price spike they saw over the past month. Conway prices... Read more

  • Market News 3/4/2021
    Crude oil and refined products were trading flat to lower as of this writing in the overnight session on Thursday, amid strength in the US dollar and weakness in global shares, but with news of another missile strike at Saudi Aramco facilities likely... Read more

  • Energy Report 3/3/2021
    Brent crude oil and refined products futures snapped a four-session sell-off today amid bullish US weekly product inventories from the EIA, strength in European shares, and expectations that OPEC+ would roll rather than relax its current output policy, despite strength in the US dollar and mixed but mostly... Read more

  • Market News 3/3/2021
    Petroleum futures were trading in the black in the overnight session on Wednesday amid news that OPEC+ could keep its current production levels for next month rather than raise output and gains in European shares and in US stock market index futures, despite strength in the US dollar and... Read more

  • Energy Report 3/2/2021
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  • Market News 3/2/2021
    Brent crude oil and refined products futures looked set for a fourth session lower as of this writing in the overnight session on Tuesday, with an extended rally in the US dollar and weakness in US stock market index futures, despite strength in European shares and slower than expected Russian oil production growth. Market participants looked ahead to... Read more

  • Energy Report 3/1/2021
    NYMEX HO futures fell 1.3% today in an average-volume downside session, with bears following through on Friday's price action and taking out support at both the 9-day ma and at $1.8330. These become our nearby resistance levels, and we look to the... Read more

  • Market News 3/1/2021
    Petroleum futures were seeing gains in the overnight session on Monday amid progress towards a US stimulus package, optimism over COVID-19 vaccines, and strength in European equities and in US stock market index futures, despite strength in the US dollar. Market participants looked... Read more

  • Market News 2/26/2021
    Petroleum futures were seeing losses of over one percent in the overnight session on Friday amid losses in European equities and strength in the US dollar, despite flat-to-higher trade in US stock market index futures. Market participants awaited US international trade in goods data, personal income and... Read more

  • Energy Report 2/25/2021
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