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Monday, December 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.259, significantly lower than Thursday’s closing price of $2.519. Prices quickly dropped to an intraday low of […]
Recap: After opening unchanged, oil futures jumped following President Trump’s decision to sign legislation that includes $900 billion in aid to consumers and small businesses. However, the early run up […]
Thursday, December 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.582, two cents above Wednesday’s closing price $2.606. Prices rose to an intraday high of $2.632 at 10:50AM, […]
Fundamental News: Abu Dhabi National Oil Company has kept crude supply reductions to term customers in Asia mostly steady in February versus January. ADNOC notified its customers that their February […]
Recap: Oil futures rose sharply on Wednesday after the EIA showed draws across the board in U.S. inventories. While inventories for crude oil showed a smaller than expected decline, stockpiles […]
Tuesday, December 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.787, eight cents above Monday’s closing price $2.705. Trickling downward to an intraday low of $2.764 by […]
Tuesday, December 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.787, eight cents above Monday’s closing price $2.705. Trickling downward to an intraday low of $2.764 by […]
Recap: Oil futures ended lower on Tuesday, marking the second straight day of losses, as a new strain of COVID-19 reignited concerns over demand and a global economic recovery. Due […]
Monday, December 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.680, two cents below Friday’s closing price $2.700. Touching down to an intraday low of $2.662 soon […]
Recap: Oil futures slipped on Monday amid fears that the new strain of COVID-19 found in the UK will put additional pressure on demand. Several countries have already closed their […]