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Recap: The crude market on Tuesday retraced some of Monday’s sharp losses as the market weighs the possibility of a de-escalation in U.S.-Iran tensions against the expectations that India will […]
Tuesday, February 3rd saw the front-month NYMEX Natural Gas contract open at $3.247, $0.010 above Monday’s closing price of $3.237. In an uneventful session, prices recorded the intraday low of […]
Recap: The crude market on Monday sold off sharply as geopolitical tensions between the U.S. and Iran appeared to ease. Over the weekend, U.S. President Donald Trump said Iran was […]
Monday, February 2nd saw the front-month NYMEX Natural Gas contract open at $3.537, $0.817 below Friday’s closing price of 4.354. With complete disregard for Punxsutawney Phil’s prediction for six more […]
Recap: The oil market posted an inside trading day on Friday amid the uncertainty of how the U.S. will proceed in regards to Iran. While both the U.S. and Iran […]
Friday, January 30th saw the front-month NYMEX Natural Gas contract open at $3.779, $0.139 below Thursday’s closing price of $3.918. Stumbling overnight as markets reacted to promising production readings, the […]
Recap: The crude market soared on Thursday, reaching its highest level since early August, on increasing concerns over a possible U.S. military attack on Iran. U.S. President Donald Trump has […]
Thursday, January 29th saw the front-month NYMEX Natural Gas contract open at $3.840, $0.108 above Wednesday’s closing price of $3.732. In a relatively quiet session prices reach an intraday high […]
Wednesday, January 28th saw the front-month NYMEX Natural Gas contract open at $6.148, $0.806 below Tuesday’s closing price of $6.954. Posting a choppy ascent through the session, prices rose to […]
Recap: The crude market continued to rally higher on Wednesday amid geopolitical tensions, a weak dollar and oil output disruptions that continued to lend further support. The market remained well […]