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Recap: The oil market on Friday traded lower and remained within its recent trading range ahead of the long Presidents’ Day holiday. The market traded lower on the possibility of […]
Friday, February 14th saw the front-month NYMEX Natural Gas Futures Contract open at $3.710, up $0.082 compared to Thursday’s closing price of $3.628. Recording the intraday low of $3.696 within […]
Recap: The news regarding U.S. President Donald Trump and Russia’s President Vladimir Putin agreeing to hold further talks on a potential peace deal between Russia and Ukraine continued to pressure […]
Thursday, February 13th saw the front-month NYMEX Natural Gas Futures Contract open at $3.729, up $0.164 compared to Wednesday’s closing price of $3.565. Driven higher overnight by continued frigid forecasts, […]
Recap: The crude market on Wednesday erased its previous gains, ending three days of gains following the weekly petroleum stocks reports showing larger than expected builds in crude inventories and […]
Wednesday, February 12th saw the front-month NYMEX Natural Gas Futures Contract open at $3.531, up $0.012 compared to Tuesday’s closing price of $3.519. With little change to weather models overnight, prices […]
Recap: The oil market on Tuesday extended its gains amid concerns over oil supply despite worries that trade tariffs could affect global economic growth. The market was well supported by […]
Tuesday, February 11th saw the front-month NYMEX Natural Gas Futures Contract open at $3.508, up $0.064 compared to Monday’s closing price of $3.444. Propelled higher overnight by forecasts of sustained […]
Recap: The oil market moved higher on Monday following three weeks of losses despite concerns over a potential global trade war following U.S. President Donald Trump’s latest tariff plans of […]
Monday, February 10th saw the front-month NYMEX Natural Gas Futures Contract open at $3.398, up $0.089 compared to Friday’s closing price of $3.309. With weather models adding material cold to […]