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Recap: The oil markets over night and early this morning were supported by the news that Russia claimed it was the first country to grant regulatory approval to a COVID-19 […]
Monday, August 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.212, two cents below Thursday’s closing price of $2.238. Ascending to an intraday high of $2.223 by […]
Recap: Like most commodity and equity markets today, the oil markets finished the day higher finding support from positive economic news coming out of China earlier in the day, as […]
Friday, August 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.191, three cents above Thursday’s closing price of $2.165. Seeking direction early on as the contract traded […]
Recap: Oil futures traded lower on Friday as tensions between the U.S. and China heated after President Trump imposed a ban on dealings with the owners of TikTok and WeChat, […]
Thursday, August 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.243, five cents above Wednesday’s closing price of $2.191. Achieving an intraday high of $2.284 by 9:20AM, […]
Recap: Oil prices were mixed for most of the session on Thursday, but managed to hover near five-month highs, gaining support from a weak dollar, and Iraq’s planned production cuts, as […]
Wednesday, August 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.199, just above Tuesday’s closing price of $2.193. Continuing the ongoing rally to reach an intraday high […]
Recap: Oil futures jumped to their highest level in five months after the EIA reported a 7.4 million barrel draw in U.S. crude oil inventories and as the dollar weakened […]