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Thursday, October 16th saw the front-month NYMEX Natural Gas contract open at $3.015, $0.001 above Wednesday’s closing price of $3.016. Trading sideways near $3.020 leading up to the weekly storage […]
Wednesday, October 15th saw the front-month NYMEX Natural Gas contract open at $2.988, $0.040 below Tuesday’s closing price of $3.028. A wave of bearish fundamentals sent the contract momentarily below […]
Tuesday, October 14th saw the front-month NYMEX Natural Gas contract open at $3.045, $0.073 below Monday’s closing price of $3.118. Trading sideways along $3.045 through 10:00AM, prices then rose to […]
Recap: The oil market posted an inside trading day as the market remained pressured by the U.S.-China trade tensions and the IEA’s prediction of a supply surplus next year. The […]
Recap: The oil market on Tuesday continued to trend lower and breached Friday’s trading range as increased trade tension between the U.S. and China and a bearish IEA report weigh […]
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Recap: The crude oil market on Monday posted an inside trading day following a more than 4% loss on Friday, as the market focused on possible talks between U.S. President […]
Monday, October 13th saw the front-month NYMEX Natural Gas contract open at $3.085, $0.021 below Friday’s closing price of $3.106. Falling to an intraday low of $3.048 at 9:45AM, stout […]
Friday, October 10th saw the front-month NYMEX Natural Gas contract open at $3.175, $0.094 below Thursday’s closing price of $3.269. Knocked down overnight by updated forecasts containing weak short-term demand, […]
Recap: The oil market extended its previous losses and ended the session down 4.24% after U.S. President Donald Trump said the U.S. was weighing a large increase in tariffs imposed […]