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Tuesday, May 3rd saw the June NYMEX Natural Gas Futures Contract open at $7.988, forty-one cents above Monday’s closing price of $7.475. Continuing its pre-session rally to attain a fresh […]
Recap: Oil prices slipped on Tuesday as China tightened COVID restrictions and as tanker-tracker data showed Russian crude oil flows increased. At this point, traders remain doubtful that the EI […]
Monday, May 2nd saw the June NYMEX Natural Gas Futures Contract open at $7.369, thirteen cents above Friday’s closing price of $7.244. Marking the intraday low of $7.301 early on, […]
Recap: Oil futures turned to the upside on Monday on increasing supply concerns, as the EU is leaning towards banning Russian oil imports by the end of the year. Trader […]
Friday, April 29th saw the June NYMEX Natural Gas Futures Contract open at $7.080, nineteen cents above Thursday’s closing price of $6.888. Trading along the $7.060 level throughout the morning, […]
Recap: Oil futures slipped on Friday as China’s COVID-19 lockdowns heightened demand concerns, although supply disruption fears as Western sanctions curb crude and products exports from Russia underpinned prices. Trading […]
Thursday, April 28th saw the June NYMEX Natural Gas Futures Contract open at $7.211, thirteen cents below Wednesday’s closing price of $7.339. Marking the intraday high of $7.212 just after […]
Recap: Oil prices rallied on Thursday after reports that Germany is no longer opposed to an embargo on Russian oil, which could further tighten supplies in the already stressed global […]
Wednesday, April 27th – settlement day for the May contract – saw the front-month NYMEX Natural Gas Futures Contract open at $6.918, seven cents above Tuesday’s closing price of $6.850. […]
Recap: Trading was choppy on Wednesday, with oil futures falling in early trading, as the U.S. dollar soared, making dollar denominated commodities more expensive and as coronavirus outbreaks in China […]