Updates from Northland Energy Trading

  • Market News 1/13/2021
    Petroleum futures were seeing modest gains of under one percent as of this writing in the overnight session on Wednesday, with bullish US crude oil inventory data from the American Petroleum Institute (API) likely supporting, whereas rising case counts and tightening... Read more

  • Energy Report 1/12/2021
    Petroleum futures continued higher today in a relatively thinly-traded session, despite weakness in US and European shares, indications that OPEC+ compliance fell last month, and a generally bearish monthly oil market report from the EIA, although the US dollar index did... Read more

  • Market News 1/12/2021
    Petroleum futures were rising for a fifth session in the last six this morning, despite indications that OPEC+ output cut agreement compliance waned in December. The gains came a modest rise in US stock market index futures, but European shares were mixed following... Read more

  • Energy Report 1/11/2021
    Most of the complex ended a four-session rally today, pulling back along with equities and with a continued rebound in the US dollar, on a quiet day on the newswires and on the economic calendar. Amid rising coronavirus case counts, the Shanghai Composite dropped 1.1% lower overnight, and while... Read more

  • Market News 1/11/2021
    Crude oil and refined products futures were seeing losses of between 0.5% (WTI) and 1.4% (RBOB) as of this writing in the overnight session, amid demand concerns with the spread of the coronavirus, with weakness in... Read more

  • Energy Report 1/8/2021
    Crude oil and refined products futures continued their upward march today despite weakness in US shares, a continued rebound in the US dollar, and another weekly rise in the US rig count. European economic data released this morning were mixed, but Read more

  • Market News 1/8/2021
    Petroleum futures were seeing further gains of over 1.5 percent as of this writing in the overnight session on Friday amid further strength in global equities but despite a slight appreciation in the US dollar index and tightening coronavirus restrictions in... Read more

  • Energy Report 1/7/2021
    The complex saw see-saw trade near the unchanged mark today, settling higher, with strength in the US dollar likely weighing, whereas gains in US and European shares were supportive. Economic data from Europe were mixed but unsupportive on balance. Eurozone consumer sentiment and German manufacturers orders were... Read more

  • Market News 1/7/2021
    Crude oil and refined products futures were seeing flat-to-higher trade as of this writing in the overnight session on Tuesday, with modest strength in US shares likely supporting, whereas a rebound in the US dollar index was unsupportive. European shares were mixed following mixed... Read more

  • Energy Report 1/6/2021
    The complex strengthened further today amid a rally in equities and bullish US crude oil inventories. European shares rallied today despite surprise downward revisions to the final Markit Eurozone, German, Italian Composite PMIs and also in the... Read more