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Wednesday, May 21st saw the front-month NYMEX Natural Gas contract open at $3.409, $0.018 below Tuesday’s closing price of $3.427. Following the previous day’s rally, having slipped into oversold territory, […]
Recap: The oil market posted an outside trading day and ended the session lower on Wednesday after the EIA released bearish oil inventory data. In overnight trading, the oil market […]
Recap: On its last day as the spot contract, the June WTI contract posted an inside trading day as traders assessed the potential risks stemming from the Ukraine-Russia peace talks […]
Tuesday, May 20th saw the front-month NYMEX Natural Gas contract open at $3.162, $0.172 below Monday’s closing price of $3.113. Marking the intraday low of $3.231 ahead of 9:05AM, prices […]
Recap: The oil market ended the session slightly higher following a shaky start to the session amid concerns over the economic outlook for the U.S. and China and expectations that […]
Monday, May 19th saw the front-month NYMEX Natural Gas contract open at $3.162, $0.172 below Friday’s closing price of $3.334. Recording the intraday high of $3.186 within minutes of the […]
Recap: The oil market on Friday posted an inside trading day and ended with a second consecutive weekly gain amid the de-escalation of the U.S.-China trade tensions, with a 90-day […]
Friday, May 16th saw the front-month NYMEX Natural Gas contract open at $3.362, even with Thursday’s closing price of $3.362. Ascending to an intraday high of $3.447 at 9:45AM, prices […]
Recap: The oil market on Thursday traded sharply lower on the possibility of a U.S.-Iran nuclear deal that raised the prospect of increased global crude supply. The June WTI contract […]
Thursday, May 15th saw the front-month NYMEX Natural Gas contract open at $3.439, $0.053 cents below Wednesday’s closing price of $3.492. Ascending to an intraday high of $3.494 ahead of […]