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Thursday, February 26th saw the front-month April NYMEX Natural Gas contract open at $2.828, $0.068 below Wednesday’s closing price of $2.896. Prices dipped after opening to the intraday low of […]
Recap: The crude market on Thursday posted an outside trading day as the market weighed the EIA report released on Wednesday showing U.S. crude oil inventories increasing by 16 million […]
Wednesday, February 25th saw the front-month NYMEX Natural Gas contract open at $2.966, $0.055 above Tuesday’s closing price $2.915. March settled higher at $2.969. The April contract opened at $2.887, […]
Recap: The crude market settled lower in light of the EIA petroleum stocks report showing a much larger than expected draw in U.S. crude stocks. The oil market traded to […]
Tuesday, February 24th saw the front-month NYMEX Natural Gas contract open at $2.946, $0.039 below Monday’s closing price $2.985. Trading steadily higher throughout the day to try and reclaim the […]
Recap: The oil market posted an inside trading day on Tuesday following an outside trading day on Monday. The market remained mostly under pressure following early gains after Iran said […]
Recap: The oil market posted an outside trading day on Monday. It weighed a scheduled third round of nuclear talks between the U.S. and Iran on Thursday and increased economic […]
Monday, February 23rd saw the front-month NYMEX Natural Gas contract open at $3.080, $0.033 above Friday’s closing price $3.047. Peaking at the intraday high of $3.107 by 9:10AM, the contract […]
Friday, February 20th saw the front-month NYMEX Natural Gas contract open at $3.006, $0.010 above Thursday’s closing price 2.996. Trading within a tight band near $3.010 heading into 10:30AM, prices […]
Recap: The crude oil market continued on its upward trend on Friday, posting its first weekly gain in three weeks on increasing concerns over potential military conflict with Iran. On […]