Updates from Northland Energy Trading

  • Market News 2/2/2021
    Crude oil and refined products futures were extending their rally as of the overnight session on Tuesday, seeing gains of over two percent amid further strength in global shares following... Read more

  • Energy Report 2/1/2021
    The complex rallied along with equities today, following mixed but mostly encouraging economic data releases, despite strength in the US dollar. There was also a bullish note from Goldman Sachs. Eurozone and UK manufacturing data for last month were... Read more

  • Market News 2/1/2021
    Crude oil and refined products prices were strengthening as of this writing in the overnight session on Monday, amid a bullish note from Goldman Sachs and strength in global shares, despite... Read more

  • Energy Report 1/29/2021
    ULSD futures edged down 0.1% today but in an upside session, as bulls took us for a trip north intraday to hit a fresh multi-month high of $1.6357. We came off and settled in the bottom portion of the daily range, printing another... Read more

  • Propane News & Numbers 1/29/2021
     Benchmark propane prices saw independent strength yesterday, with gains of 1.7% in Mt. Belvieu TET and a 2.0% jump in Conway pricing, while... Read more

  • Market News 1/29/2021
    Crude oil and refined products futures were seeing modest gains in the overnight session on Friday, despite weakness in global shares. Although economic data from Japan were a miss, data from Europe this morning were encouraging. Market participants had a busy day on the economic calendar before them, including... Read more

  • Energy Report 1/28/2021
    ULSD futures edged down 0.4% today in an upside session, consistent with our neutral stance. We settled well off of the highs and near the bottom of the daily range, printing a shooting star. Major averages and the ADX still point higher, but... Read more

  • Propane News & Numbers 1/28/2021
     Mt. Belvieu TET propane prices rallied 3.6% (3.13 cents) yesterday, hitting 90.75c/g, despite unsupportive weekly EIA stock data and mixed trade in ... Read more

  • Market News 1/28/2021
    Petroleum futures were trading just south of the unchanged mark as of this writing in the overnight session on Thursday, with an uptick in the US dollar index and weakness in global shares with US-China tensions likely weighing. Market participants looked ahead to... Read more

  • Energy Report 1/27/2021
    ULSD futures edged up 0.7% today in an outside session, as we saw both a higher high and a lower low, printing a star-shaped candlestick with very long... Read more