Updates from Northland Energy Trading

  • Energy Report 1/21/2021
    Petroleum futures opened weaker following bearish weekly US crude oil inventories from the American Petroleum Institute, and WTI crude futures ended the session in the red, but products ended flat to higher. European shares opened flat to higher, but came off and settled in... Read more

  • Market News 1/21/2021
    Crude oil and refined products futures were seeing small losses in the overnight session on Thursday following bearish US crude oil inventory figures from the American Petroleum Institute (API), despite mixed but mostly... Read more

  • Energy Report 1/20/2021
    The complex posted modest across-the-board gains for a second session amid strength in equities. Data showed Eurozone and UK consumer price inflation was positive and matched the expected pace last... Read more

  • Market News 1/20/2021
    Crude oil and refined products futures were seeing further modest gains of between 0.3% (ULSD) and 1.2% (WTI) as of this writing in the overnight session on Tuesday, amid mostly higher trade in equities on a quiet morning on the newswires. The US dollar index was flat, and market participants looked ahead to... Read more

  • Energy Report 1/19/2021
    ULSD futures strengthened today, consistent with our upside bias - but they gapped lover over the weekend, making it a downside session. Slow stochastics and the RSI point lower, whereas major averages and... Read more

  • Market News 1/19/21
    The complex was seeing flat-to-higher trade this morning in the overnight session amid weakness in the US dollar and strength in equities, despite some bearish content in the monthly oil market report from ... Read more

  • Energy Report 1/15/2021
    ULSD futures hit a fresh high of $1.6235 but came off and we fell 1.6% today in an outside session with tepid volume. Slow stochastics, the RSI, and candlesticks are... Read more

  • Market News 1/15/2021
    Petroleum futures were seeing losses of over one percent in the overnight session on Friday amid weakness in global equities and strength in the US dollar. Market participants looked ahead to... Read more

  • Energy Report 1/14/2021
    Crude oil and refined products futures opened weaker, but recovered later in the session, as US and European shares also strengthened as the day unfolded, and as the US dollar index fell. OPEC released its monthly oil market report this morning, which was relatively neutral. The group kept its 2021 global oil demand... Read more

  • Energy Report 1/13/2021
    ULSD futures edged up 0.1% today in an upside session, consistent with our upside bias. Slow stochastics have crossed for a sell signal in overbought territory, and the... Read more