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Wednesday, May 28th saw the front-month NYMEX Natural Gas contract open at $3.425, $0.027 above Tuesday’s closing price of $3.398. Trending lower throughout the session, June settled lower on Wednesday […]
Recap: The oil market traded lower on Tuesday ahead of the OPEC+ meeting later this week, while easing trade tensions provided some support to the market. The crude market traded […]
Tuesday, May 27th saw the front-month NYMEX Natural Gas contract open at $3.360, $0.026 above Friday’s closing price of $3.334. Falling to the intraday low of $3.272 by 9:25AM as […]
Recap: The oil market on Friday posted an outside trading day and its first weekly decline of 0.71% in three weeks as the market weighed the news of U.S. President […]
Friday, May 23rd saw the front-month NYMEX Natural Gas contract open at $3.238, $0.015 below Thursday’s closing price of $3.253. Recording the intraday low of $3.229 within minutes of the […]
Thursday, May 22nd saw the front-month NYMEX Natural Gas contract open at $3.307, $0.061 below Wednesday’s closing price of $3.368. Trading sideways along the $3.310 level leading up to the […]
Recap: The oil market on Thursday trades lower and settled down following a report that OPEC+ is discussing a production increase for July. The market posted the day’s trading range […]
Wednesday, May 21st saw the front-month NYMEX Natural Gas contract open at $3.409, $0.018 below Tuesday’s closing price of $3.427. Following the previous day’s rally, having slipped into oversold territory, […]
Recap: The oil market posted an outside trading day and ended the session lower on Wednesday after the EIA released bearish oil inventory data. In overnight trading, the oil market […]
Recap: On its last day as the spot contract, the June WTI contract posted an inside trading day as traders assessed the potential risks stemming from the Ukraine-Russia peace talks […]