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Friday, December 19th saw the front-month NYMEX Natural Gas contract open at $3.876, $0.032 below Thursday’s closing price of $3.908. Recording the intraday low of $3.875 within minutes of the […]
Recap: The oil market steadied as the market assessed the likelihood of further U.S. sanctions against Russia and the impact of a blockade of Venezuelan oil tankers. On Wednesday, Bloomberg […]
Thursday, December 18th saw the front-month NYMEX Natural Gas contract open at $4.167, $0.143 above Wednesday’s closing price of $4.024. Continuing the previous session’s oversold rally prior to the opening […]
Wednesday, December 17th saw the front-month NYMEX Natural Gas contract open at $4.021, $0.135 above Tuesday’s closing price of $3.886. Jumping higher overnight despite no changes to market fundamentals, analysts […]
Recap: The oil market on Wednesday retraced Tuesday losses in anticipation of a potential reduction in Venezuelan exports. U.S. President Donald Trump ordered a blockade of all sanctioned oil tankers […]
Recap: The oil market continued to trend lower as prospects for a Russia-Ukraine peace deal appeared to strengthen. On Monday, the U.S. offered to provide NATO-style security guarantees for Ukraine, […]
Tuesday, December 16th saw the front-month NYMEX Natural Gas contract open at $3.921, $0.091 below Monday’s closing price of $4.012. Knocked down overnight once again as the impeding December thaw […]
Monday, December 15th saw the front-month NYMEX Natural Gas contract open at $4.096, $0.017 below Friday’s closing price of $4.113. Recording the intraday high of $4.102 within minutes of the […]
Recap: The crude oil market sold off on Monday as the market weighed disruptions linked to increasing U.S-Venezuela tensions against the impact of a potential Russia-Ukraine peace deal. Venezuela’s oil […]
Recap: The oil market posted an inside trading day and settled lower as the market weighed the continuing talks towards a potential Russia-Ukraine peace deal against the U.S.’ pressure campaign […]