Monday, November 3rd saw the front-month NYMEX Natural Gas contract open at $4.163, $0.039 above Friday’s closing price of $4.124. Pulling back through the opening hour to record the intraday […]
Recap: The oil market on Friday traded higher, still remaining relatively sideways as it traded within Tuesday’s trading range. The market was trading mostly sideways as it continued to erase […]
Friday, October 31st saw the front-month NYMEX Natural Gas contract open at $4.097, $0.132 above Thursday’s closing price of $3.965. Overnight gains driven by record LNG demand and forecasts calling […]
Recap: The oil market ended the session slightly higher after it traded mostly sideways for much of the day as traders assessed the potential trade truce between the U.S. and […]
Thursday, October 30th saw the front-month NYMEX Natural Gas contract open at $3.883, $0.068 above Wednesday’s closing price of $3.815. Trading along either side of $3.890 in the hour leading […]
Recap: The crude market traded mostly sideways on Wednesday as the market weighed optimism over a meeting between U.S. President Donald Trump and China’s President Xi Jinping on Thursday and […]
Wednesday, October 29th saw the front-month NYMEX Natural Gas contract open at $3.243, $0.102 below Tuesday’s closing price of $3.345. Climbing throughout the day, November settled higher on Wednesday at […]
Recap: The crude market sold off 1.9% on Tuesday, posting its third consecutive down day, as traders discounted the impact of the U.S. sanctions imposed against Russia’s Lukoil and Rosneft, […]
Tuesday, October 28th saw the front-month NYMEX Natural Gas contract open at $3.337, $0.105 below Monday’s closing price of $3.442. Losing ground overnight due to warming forecasts and expiration volatility, […]
Recap: The oil market traded lower on Monday amid some skepticism that U.S.-China trade deal framework would increase demand for oil and expectations that OPEC+ will make another increase of […]