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Thursday, February 10th saw the front-month NYMEX Natural Gas Futures Contract open at of $3.938, seven cents below Wednesday’s closing price of $4.009. Trading within a two-cent range of $3.920 […]
Recap: The oil market extended its rally for a second day on Thursday on concerns over market tightness. In its monthly report OPEC said that world oil demand may increase […]
Wednesday, February 9th saw the front-month NYMEX Natural Gas Futures Contract open at of $4.051, twenty cents below Tuesday’s closing price of $4.248. Reaching the intraday high of $4.064 ahead […]
Recap: The oil market erased its earlier gains, as the prospect of increased supply from Iran pressured the market. The market continued on its downward trend after the U.S. resumed […]
Tuesday, February 8th saw the front-month NYMEX Natural Gas Futures Contract open at of $4.316, eight cents above Monday’s closing price of $4.232. In a quiet day, following the past […]
Recap: Oil futures fell significantly on Tuesday as traders weighed the risks to the market’s recent rally, including a potential de-escalation in tension over Ukraine and the resumption of Iran […]
Monday, February 7th saw the front-month NYMEX Natural Gas Futures Contract open at of $4.356, twenty-two cents below Friday’s closing price of $4.572. Marking the intraday high of $4.371 soon […]
Recap: On Monday, the oil market posted an inside trading day as concerns over tight supply were offset by signs of progress in nuclear talks between the U.S. and Iran […]
Friday, February 4th saw the front-month NYMEX Natural Gas Futures Contract open at $4.774, eleven cents below Thursday’s closing price of $4.888. Ascending to an intraday high of $4.905 at […]
Recap: The rally in oil futures deepened on Friday, with both blends pulling away from the $90 mark, as a harsh winter storm raged in the U.S., piling onto a […]