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Recap: The oil market posted an inside trading day on Monday and sold off sharply after rallying over 7% on Friday, on news that Iran was seeking an end to […]
Monday, June 16th saw the front-month NYMEX Natural Gas contract open at $3.678, $0.097 above Friday’s closing price of $3.581. Jumping higher overnight in response to increased forecasted cooling demand […]
Recap: The oil market surged on Friday and settled up after Israel launched strikes against Iran, raising concerns about a possible disruption in Middle East oil supplies. Israel said it […]
Friday, June 13th saw the front-month NYMEX Natural Gas contract open at $3.520, $0.028 above Thursday’s closing price of $3.492. Posting a sympathetic ascent overnight, as oil markets surged in […]
Recap: The oil market erased its sharp gains on Thursday following a geopolitical risk fueled rally on Wednesday. The crude market gapped higher on the opening from $68.37 to $69.03 […]
Thursday, June 12th saw the front-month NYMEX Natural Gas contract open at $3.598, $0.091 above Wednesday’s closing price of $3.507. Achieving an intraday high of $3.626 at 9:10AM as short-term […]
Recap: The oil market on Wednesday traded higher following a brief respite on Tuesday amid the progress made towards a trade agreement between the U.S. and China and pessimism over […]
Wednesday, June 11th saw the front-month NYMEX Natural Gas contract open at $3.578, $0.045 above Tuesday’s closing price of $3.533. Ascending to an intraday high of $3.623, traders continue to […]
Recap: The crude oil market on Tuesday traded lower after it weighed the hopes that the continuing talks between the U.S. and China will result in a deal that could […]
Tuesday, June 10th saw the front-month NYMEX Natural Gas contract open at $3.588, $0.047 below Monday’s closing price of $3.635. Peaking at an intraday high of $3.625 by 9:20AM, markets […]