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On Thursday, June 27th – the August NYMEX Natural Gas Futures Contract began trading as the prompt month. Opening at $2.282, slightly above Wednesday’s closing price of $2.268. Slipping to […]
Recap: WTI experienced another failed attempt to trade above $60.00 a barrel on Thursday, as prices retreated from multi-week highs. Eyes were on trade talks taking place at the G-20 […]
Recap: WTI futures climbed almost 3% on Wednesday, as the EIA reported a weekly drop of nearly 13 million barrels in U.S. crude oil stocks, the largest drop since September […]
On Wednesday, June 26th – settlement day for the July contract – the front-month NYMEX Natural Gas Futures Contract opened at $2.293, nearly two cents below Tuesday’s closing price of […]
Recap: Oil prices received an early morning jolt after U.S. President Donald Trump warned Iran against attacking “anything American” and as traders awaited the release of U.S. data which is […]
Tuesday, June 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.284, two cents below Monday’s closing price of $2.303. Lacking support early on following the previous session’s […]
Monday, June 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.241, nearly six cents above Friday’s closing price of $2.186. Battling back from two-year lows, the contract […]
Recap: Oil prices rose for the third straight session on Monday as tensions between the U.S. and Iran overshadowed earlier concern over waning demand. August WTI was trading at $56.75 a […]
Recap: The big news on Friday was the fire at Philadelphia Energy Solution’s refinery that was ignited by a series of explosions shortly after 3 a.m. The refinery processes 335,000 barrels […]
Friday, June 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.199, nearly even to Thursday’s closing price of $2.185. With an absence of any updates to short-term […]