Updates from Northland Energy Trading

  • Market News 1/27/2021
    Petroleum futures were seeing mixed trade near the unchanged mark with weekly API crude stock data likely supporting, whereas weakness in global shares and strength in the dollar were unsupportive. Market participants looked ahead to the... Read more

  • Energy Report 1/26/2021
    The complex once again saw see-saw trade in relatively small moves away from the unchanged mark, with strength in European and US shares supporting along with a weaker US dollar index, and with geopolitical tensions in the Middle East. There were reports of an explosion in... Read more

  • Propane News & Numbers 1/26/2021
    Mt. Belvieu and Conway propane prices strengthened along with energy futures on Monday. Brent crude rose 0.8% higher and WTI gained 1.0% with a ... Read more

  • Market News 1/26/2021
    Crude futures were seeing gains of 0.5% and crack spreads were widening slightly with ULSD up 0.6% and RBOB up 1.3% as of this writing in the overnight session on Tuesday, with reports of ... Read more

  • Energy Report 1/25/2021
    NYMEX ULSD futures rose 1.1% in an inside session today (higher low, but also a lower high) with very average volume. Slow stochastics are threatening to cross in... Read more

  • Propane News & Numbers 1/25/2021
     Mt. Belvieu and Conway propane prices fell back on Friday amid losses in energy futures, despite a supportive weekly propane/propylene inventory report from the Energy Information Administration. The agency reported strong exports and a sharper... Read more

  • Market News 1/24/2021
    Petroleum futures were seeing modest gains of under one percent in the overnight session on Monday following news of disrupted exports in Libya and amid flat to higher trade in US stock market index futures, despite weakness in Europe on the heels of... Read more

  • Energy Report 1/22/2021
    Petroleum futures lost ground today along with global equities and with bearish weekly US crude oil inventories from the EIA and another weekly rise in the US oil rig count. Economic data out of the Eurozone and the UK were disappointing, and... Read more

  • Propane News & Numbers 1/22/2021
    The weekly petroleum inventory report released by the EIA this morning was bullish for propane. Analysts surveyed by both Clarksons and OPIS saw... Read more

  • Market News 1/22/2021
    Crude oil and refined products futures were seeing losses of over two percent in the overnight session on Friday amid losses in equities following disappointing economic data out of Japan, the UK, and the Eurozone. Market participants looked ahead to Canadian retail sale and... Read more