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Monday, March 2nd saw the front-month NYMEX Natural Gas contract open at $3.026, $0.167 above Friday’s closing price $2.859. Recording the intraday high of $3.026 within minutes of the opening […]
Recap: The oil market surged as the U.S.-Israeli air war against Iran widened and looked set to last for weeks. U.S. and Israeli strikes on Iran and retaliation by Iran […]
Friday, February 27th saw the front-month April NYMEX Natural Gas contract open at $2.903, $0.048 above Thursday’s closing price $2.855. Prices dipped after opening to the intraday low of $2.853 […]
Recap: The crude market on Friday traded higher as traders remained concerned over potential supply disruptions after talks between the U.S. and Iran over Tehran’s nuclear program ended with no […]
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 […]