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Recap: Oil prices recovered on Thursday after falling 2 percent on Wednesday, bolstered by a falling OPEC output, which fell to its lowest level in nearly four years. WTI for April […]
Recap: WTI fell as much as 2 percent on Monday after the EIA reported a larger than expected build in U.S. crude oil stockpiles. WTI for April delivery slipped to a […]
Wednesday, March 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.873, a penny below Tuesday’s closing price of $2.884. Recording the intraday high of $2.874 within minutes […]
Recap: With traders having already factored in OPEC lead production cuts and the effects from the restart of Libya’s El Sharara oilfield amidst weak demand keeping a lid on prices, […]
Tuesday, March 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.869, roughly a penny above Monday’s closing price of $2.857. Trending lower initially, prices fell to the […]
Monday, March 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.862, nearly even to Friday’s closing price of $2.859. Recording the intraday high of $2.876 and intraday […]
Recap: Oil prices rose as much as 2 percent on Monday, supported by hopes that the U.S. and China could reach an agreement on what has been a tenacious stand-off […]
Friday, March 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.811, nearly even to Thursday’s closing price of $2.812. Climbing to the intraday high of $2.872 by […]
Recap: Both Brent and WTI futures fell on Friday after a mixed session on Thursday. Prices peeled away from fresh highs for the year, as the ISM manufacturing index for February […]
Recap: Brent oil futures headed lower on Thursday, while WTI held firm, as trade talks between the U.S. and China remained unresolved. Signs of a weakening global economy kept oil […]