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Recap: After falling earlier in the session, oil futures rebounded, showing signs of strength, after the EIA reported an unexpected 6.6 million barrel drop in U.S. crude oil inventories. The […]
Tuesday, February 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.812, seven cents below Monday’s closing price of $2.882. Falling to an intraday low of $2.789 soon […]
Recap: Oil futures rose to fresh 13 month highs on Tuesday, erasing early losses, as signs of growing demand amid output cuts, increased optimism over a recovery in demand. A weaker […]
Monday, February 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.916, nearly five cents above Friday’s closing price of $2.863. Recording an intraday high of $2.930 within […]
Recap: Pandemic related optimism, along with expectations for the passage of the latest U.S. economic stimulus package, pushed oil futures to their highest level in over a year on Monday. […]
Friday, February 5th saw the front-month NYMEX Natural Gas Futures Contract open at $3.030, nearly ten cents above Thursday’s closing price of $2.935. Reaching an intraday high of $3.053 as […]
Recap: Oil futures had a stellar week, with prices up nearly 9%, gaining support as demand slightly improved and as OPEC and its allies stuck to their agreed upon output […]
Thursday, February 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.835, a penny below Wednesday’s closing price of $2.789. Trading along $2.805 through 10:30AM, prices initially fell […]
Recap: Oil futures closed higher for the fourth straight session on strong U.S. economic data, falling inventories and the OPEC+ decision to adhere to output cuts however, gains were limited by […]
Wednesday, February 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.835, a penny below Tuesday’s closing price of $2.845. Reaching an intraday high of $2.852 within minutes […]