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Wednesday, May 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.395, two cents above Tuesday’s closing price of $2.376. Losing ground early on to record the intraday […]
Recap: The oil market posted an outside trading day as the market bounced off its lows and rallied over $2 as optimism over the debt ceiling negotiations outweighed a build […]
Tuesday, May 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.418, four cents above Monday’s closing price of $2.375. Ascending to a one-month intraday high of $2.470 […]
Recap: The oil market traded mostly sideways on Tuesday as it posted the day’s trading range by mid-day. The market weighed the weaker than expected economic data from China and […]
Monday, May 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.355, nine cents above Friday’s closing price of $2.266. Trading within a tight band along either side […]
Recap: The oil market rallied higher on Monday on concerns about lower supplies in Canada and elsewhere. The market continued to trend lower and posted a low of $69.41 in […]
Friday, May 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.171, two cents below Thursday’s closing price of $2.190. Recording the intraday low of $2.160 within minutes […]
Recap: The oil market continued on its downward trend on Friday, trading back below the $70.00 level amid economic concerns and signs of increased supplies despite the prospects of the […]
Thursday, May 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.176, three cents below Wednesday’s closing price of $2.191. Ascending to trade along the $2.200 level leading […]
Recap: On Thursday, the oil market continued to retrace its previous losses as increasing jobless claims and a stronger dollar weighed on sentiment. The market traded sideways in overnight trading […]