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Recap: Oil prices jumped on Wednesday, finishing the session at their highest level in a year, gaining support from the modest build in U.S. crude oil inventories and expectations that […]
Tuesday, February 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.987, fourteen cents above Monday’s closing price of $2.850. Touching a near three month intraday high of […]
Recap: Oil futures rose to their highest level in over a year on Tuesday, propelled higher by expectations that efforts to cut output by OPEC and other major producers will aid […]
Monday, February 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.771, twenty-one cents above Friday’s closing price of $2.564. Supported by heavy storms hitting the northeast and […]
Recap: Oil futures traded higher on Monday amid strong commitments by Saudi Arabia in cutting back on oil production and reports that President Biden put a pause on new oil […]
Friday, January 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.658, slightly below Thursday’s closing price of $2.664. Ascending to an intraday high of $2.695 by 9:45AM, […]
Recap: Oil prices continue to struggle to the upside, as they went back and forth during the week. As there is persistent resistance above this market, there are signs that […]
Thursday, January 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.664, four cents below Wednesday’s closing price of $2.702. Ascending to the $2.680 level ahead of the […]
Recap: Oil futures bounced around on Thursday, looking for direction, as traders gage the effects of the latest EIA report against the effects of the widely spreading coronavirus and its […]
Wednesday, January 27th, settlement day for the February contract, saw the front-month NYMEX Natural Gas Futures Contract open at $2.731, nearly eight cents above Tuesday’s closing price of $2.656. Falling […]