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Recap: Oil futures traded higher on Monday, after last week’s setback. Concerns over continued delays in the Suez Canal and expectations that OPEC+ will keep output through May spurred prices […]
Friday, March 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.565, just below Thursday’s closing price of $2.570. Ascending to an intraday high of $2.583 at 9:20AM, […]
Recap: Oil prices posted a rebound on Friday, bouncing back from Thursday’s plunge, as concern that the giant container ship that ran aground in the Suez Canal may block the […]
Recap: Oil futures tumbled on Thursday, dipping down toward the lows of Tuesday and Wednesday, as concern over the increasing number of COVID19 cases across Europe gave rise to worries […]
Wednesday, March 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.532, three cents above Tuesday’s closing price of $2.508. Extending to a modest intraday high of $2.545 […]
Recap: After falling by almost 5% on Tuesday, oil futures bounced right back, gaining more than 5% after a ship ran aground in the Suez Canal, raising worries that the […]
Tuesday, March 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.547, nearly four cents below Monday’s closing price of $2.582. Following an ascent to an intraday high […]
Recap: Oil futures fell by almost 5% on Tuesday on rising demand concerns. The oil demand recovery in Europe, a region that accounts for about 15% of global consumption, looks set […]
Monday, March 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.517, two cents below Friday’s closing price of $2.535. Recording an intraday low of $2.514 within minutes […]
Recap: Oil futures continue to struggle as renewed concerns about demand pushed prices from session highs, while a pullback in the U.S. dollar propelled prices from session lows. Oil futures fell […]