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Thursday, June 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.361, nearly two cents below Wednesday’s closing price of $2.378. Following a descent to $2.350 at 9:30AM, […]
Wednesday, June 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.407, a penny below Tuesday’s closing price of $2.416. Shedding another penny within minutes of the opening […]
Recap: Oil prices fell to their lowest level since the beginning of January as the EIA reported a shocking build of 6.8 million barrels in U.S. crude oil inventories, which rose […]
Recap: Oil prices rebounded after suffering early losses on Tuesday, ending a four day losing streak. A recovery in equities prompted oil traders into bottom picking mode, as they looked […]
Tuesday, June 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.394, nearly even to Friday’s closing price of $2.403. Slipping to the intraday low of $2.381 as […]
Recap: The oil market continued on its downward trend and posted a low of $52.11 when the market reopened on Sunday night. However, the market bounced off its low and retraced […]
Monday, June 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.452, nearly even to Friday’s closing price of $2.454. Losing support from optimistic bulls, the latest weather […]
Recap: The oil market plunged on Friday to almost a three-month low after President Donald Trump, late Thursday, announced a plan to impose a 5% tariff on all goods coming from […]
Friday, May 31st saw the front-month NYMEX Natural Gas Futures Contract open at $2.545, nearly even to Thursday’s closing price of $2.547. Falling from the intraday high of $2.548 within […]
Recap: The crude market posted an outside trading day after it rallied higher in overnight trading after the API report showed a larger than expected draw in crude stocks late Wednesday […]