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Recap: On Thursday, the oil market ended lower as a stronger U.S. dollar and a sell off in global stock markets offset the market’s supply concerns. Early in the session, the […]
Wednesday, May 4th saw the June NYMEX Natural Gas Futures Contract open at $8.451, fifty cents above Tuesday’s closing price of $7.954. Following the pre-session rally, prices traded within an […]
Recap: Oil futures rose to their highest level in two weeks, fueled by an EU proposal to ban Russian oil imports over time, and a weekly EIA report showing U.S. […]
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 […]