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Recap: The oil market extended its losses ahead of increases in interest rates by major central banks and signs of strong Russian exports, offset rising tensions in the Middle East […]
Friday, January 27th saw the February NYMEX Natural Gas Futures Contract open at $2.830, twenty-four cents below Wednesday’s closing price of $2.944. February settled higher on Friday at $3.109. The […]
Recap: The oil market on Friday posted an outside trading day, as it reversed its early gains and sold off as traders booked profits ahead of the weekend and the […]
Thursday, January 26th saw the February NYMEX Natural Gas Futures Contract open at $2.830, twenty-four cents below Wednesday’s closing price of $3.067. Testing 18-month lows early on, prices bounced around […]
Recap: The oil market traded higher on Thursday on positive U.S. economic data. The market, which traded mostly sideways in overnight trading, rallied higher following the Commerce Department report showing that […]
Wednesday, January 25th saw the February NYMEX Natural Gas Futures Contract open at $3.090, nearly seventeen cents below Tuesday’s closing price of $3.258. Tallying a 18-month intraday low of $3.055 […]
Recap: The oil market traded higher on Wednesday following the release of the EIA weekly petroleum stock report, which showed a smaller than expected build in U.S. crude inventories of 533,000 […]
Tuesday, January 24th saw the February NYMEX Natural Gas Futures Contract open at $3.435, a penny below Monday’s closing price of $3.447. Recording the intraday high of $3.459 within minutes […]
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Recap: The oil market traded lower on Tuesday as traders weighed demand expectations following the latest U.S. economic data. S&P Global reported that U.S. business activity contracted in January for […]