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Recap: Oil futures climbed to their highest level in 10 weeks after the EIA reported U.S. crude oil inventories fell by 5 million barrels for the week ending May 15, […]
Tuesday, May 19th saw the front-month NYMEX Natural Gas Futures Contract open at $1.837, five cents above Monday’s closing price of $1.783. Volatile trading took hold throughout the morning, balancing […]
Recap: WTI settled higher on Tuesday as the June contract expired, with prices getting a boost from global production cuts, as demand improves. Oil prices gained early in the session due […]
Monday, May 18th saw the front-month NYMEX Natural Gas Futures Contract open at $1.742, nearly ten cents above Friday’s closing price of $1.646. Tallying an intraday low of $1.741 as […]
Recap: Crude oil prices surged to a two-month high on Monday, with June WTI trading at a high of $33.32, the highest level a spot contract traded since March 16. […]
Recap: WTI traded higher on Friday, following through to the upside after yesterday’s strong gains, as data showed demand for crude picking up in China after the easing of curbs […]
Thursday, May 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.631, nearly two cents above Wednesday’s closing price of $1.616. Slipping to an intraday low of $1.617 […]
Recap: WTI rose to its highest level in six weeks, on the back of recent pledges by OPEC and its allies to cut output, a surprise fall in U.S. crude […]
Wednesday, May 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.716, just below Tuesday’s closing price of $1.720. Reaching an intraday high of $1.726 within minutes of […]
Recap: Oil futures slipped on Wednesday after failing to find support despite the surprise drop in U.S. crude oil stockpiles. Price fell as much as 3% as markets were also […]