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Recap: Just one day after hitting their highest close in more than a year, WTI extended its gains, with April WTI reaching toward $64 a barrel, as U.S. crude oil inventories have […]
Wednesday, February 24th – settlement day for the March contract – saw the front-month NYMEX Natural Gas Futures Contract open at $2.852, nearly three cents below Tuesday’s closing price of […]
Recap: Oil futures marked a 13-month high on Wednesday, after the EIA reported a more than 1 million barrel per day decline in U.S. crude oil production during the deep freeze […]
Tuesday, February 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.889, five cents below Monday’s closing price of $2.953. Achieving an intraday high of $2.950 at 9:20AM […]
Recap: After a choppy trading session, oil futures finished mixed on Tuesday, with WTI losing a few cents, and Brent squeezing out a fresh 13-month high. WTI traded higher in post […]
Monday, February 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.940, thirteen cents below Friday’s closing price of $3.069. Trending lower to settle-in near $2.900 shortly after […]
Recap: Oil futures jumped by 4% on Monday, as traders expected a slow recovery in U.S. output after last week’s winter storm and deep freeze in Texas knocked out power […]
Friday, February 19th saw the front-month NYMEX Natural Gas Futures Contract open at $3.131, five cents above Thursday’s closing price of $3.082. Recording an intraday high of $3.148 minutes after […]
Recap: Oil futures slipped on Friday, giving back all of their gains made this past week. WTI saw follow-through to the downside after experiencing an impressive reversal top on Thursday. The […]
Recap: Oil futures fell from their highest level since January 2020, as traders took profits based on speculation that OPEC and its allies will decide to increase production when they meet […]