Tradition Energy Market News

The trusted advisors of Tradition Energy are frequently sought after by the media for their expertise on energy issues. Tradition Energy advisors contribute to regional, national, and industry media on the energy markets, energy procurement, and a wide range of energy management solutions aimed at helping companies conserve energy and lower costs.
You will find Tradition Energy in the News below.

Oil Futures Climb After Saudi Arabia Supply Said to Fall

Bloomberg, October 23, 2014

Oil up after China demand news, traders see fragile recovery

CNBC, October 21, 2014

Crude Rises After Chinese Growth Exceeds Expectations

Bloomberg, October 21, 2014

Crude Oil Gains As China Growth Tops Estimates

Investors Business Daily, October 21, 2014

West TX Oil Steady Above $83 after China Demand News

MarketPulse, October 21, 2014

NYMEX November natural gas settles down 9.6 cents to 11-month low

Platts, October 20, 2014

The question comes down to whether we’ve found a bottom yet, and I don’t think we have,” Tradition Energy analyst Gene McGillian said. “It seems as thought the market is trying to stabilize, but fears of slowing global economic activity and ample supplies are going to continue to drive it lower.”

Wall Street Journal, October 20, 2014

Oil prices fall after brief rally

Yahoo News , October 20, 2014

WTI Oil Extends Rebound on Speculation Drop Was Excessive

Bloomberg, October 17, 2014

Oil continues to show gains in corrective move

Reuters, October 17, 2014

NYMEX front-month gas settles at 11-month low of $3.766/MMBtu

Platts, October 17, 2014

Oil Ticks Higher as Investors Say Market Oversold

Fox Business, October 17, 2014

The market’s just correcting after its substantial selloff in the past couple of days,” said Gene McGillian, a broker and analyst at Tradition Energy. “This is just…people scraping some money out.”

Wall Street Journal, October 16, 2014

Energy Sector Rebounding From Long Slide — Energy Roundup

NASDAQ, October 16, 2014

Oil rises on tight US gasoline stocks, options expiry

Reuters, October 16, 2014

Why the stock market sell-off may be nearing an end

CNBC, October 15, 2014

“The market is still feeding on itself,” said Gene McGillian, broker and analyst at Tradition Energy in Stamford, Conn. “Until we get some kind of word that OPEC wants to do something or signs that the economy’s improving, the market’s still going to try to find another bottom.”

Wall Street Journal, October 14, 2014

Oil prices slump to new lows on supply glut

MSN News, October 13, 2014

Brent Crude Slides to Lowest Since 2010 on Saudi Output Signal

Fox Business , October 13, 2014

Natural Gas Rises as October Chill to Spur Fuel Demand

Bloomberg, October 13, 2014

Oil sinks to 4-year low below $90 as OPEC ups supplies

Reuters, October 10, 2014

NYMEX November gas settles slightly higher as market seeks direction

Platts, October 10, 2014

There is fear of a supply glut with limited energy demand,” said Gene McGillian, an analyst with wholesale brokerage Tradition Energy. “In the past three months we’ve basically wiped out almost $25 in the value of (Nymex prices). That continues to underscore the fear of oversupply in the market.”

Wall Street Journal, October 10, 2014

WTI Falls Into Bear Market on Demand Outlook; Brent Drops

Bloomberg, October 09, 2014

Brent dives again before returning to $91 on euro zone, supply worry

Business Day, October 09, 2014
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