Updates from Northland Energy Trading

  • Market News 2/16/2021
    Petroleum futures were rallying further as of this writing in the overnight session on Tuesday, with a Texas power outage and US-Iran tensions likely supporting along with a weaker US dollar and... Read more

  • Energy Report 2/12/2021
    ULSD futures opened weaker, testing nearby support at the 9-day ma ($1.7289) at the lows but recovering and hitting a fresh high before settling 1.5% stronger. We stuck with the bulls yesterday, and... Read more

  • Market News 2/12/2021
    Petroleum futures were seeing further, relatively small losses as of this writing in the overnight session on Friday, amid strength in the US dollar and... Read more

  • Energy Report 2/11/2021
    Crude futures turned back south today amid bearish notes from the IEA and OPEC regarding the global oil demand recovery, mostly lower trade in US equities, and strength in the US dollar. The International Energy Agency said that... Read more

  • Propane News & Numbers 2/11/2021
    The north-south spread widened further on Wednesday, to 12.20 cents as Conway prices added 0.3% (25 points) to reach 98.38c/g while Mt. Belvieu TET prices fell back 1.0% (82 points) to 86.18c/g. The losses at Mt. Belvieu came... Read more

  • Market News 2/11/2021
    Petroleum futures were trading in the red in the overnight session on Thursday amid an unsupportive note from the IEA regarding the global oil demand recovery and news that... Read more

  • Energy Report 2/10/2021
    ULSD edged up 0.2% in an upside session (higher high, higher low) – printing a Doji star shaped candlestick. We are going to continue to... Read more

  • Market News 2/10/2021
    Crude futures were strengthening further in the overnight session on Wednesday amid gains in US stock market index futures and a bullish US crude oil inventory data from the American Petroleum Institute (API). Market participants awaited the... Read more

  • Energy Report 2/9/2021
    ULSD futures edged up 0.5% today in a thinly-traded upside session, hitting a fresh high of $1.7663 - which becomes nearby... Read more

  • Propane News & Numbers 2/9/2021
    Mt. Belvieu and Conway propane prices strengthened for a third session on Monday, featuring a further widening of the... Read more