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Recap: Oil prices rose on Wednesday after the EIA report showed a less than expected build in U.S. crude oil inventories. Market analysts were expecting a build of 3.4 million […]
On Wednesday, January 30th – the March NYMEX Natural Gas Futures Contract began trading as the prompt month. Opening at $2.856, five cents below Tuesday’s closing price of $2.903, prices […]
Recap: After falling sharply on Monday, oil prices reversed course on Tuesday, spurred higher by U.S. imposed sanctions against Venezuela and Saudi Arabia’s pledge to restore balance in the oil […]
On Tuesday, January 29th – settlement day for the February contract – the front-month NYMEX Natural Gas Futures Contracts opened at $2.820, five cents below Monday’s closing price of $2.873. […]
Recap: Oil prices fell sharply on Monday on growing concern over signs of an economic slowdown in China, amidst growing U.S. crude oil supplies. Adding to the pressure were lower […]
Monday, January 28th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.917, twenty-six cents below Friday’s closing price of $3.178. Returning the gains made during Friday’s session, traders […]
Friday, January 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.067, three cents below Thursday’s closing price of $3.099. Trending higher out of the gate, frigid temperatures […]
Recap: Oil prices continued to rise on Friday, supported by the possibility of U.S. sanctions against Venezuela. Political turmoil in Venezuela has heightened concern of supply shortages, which overshadowed Thursday’s […]
Recap: Oil prices were mixed on Thursday, with U.S. oil trading higher for most of the session, while Brent was held under pressure, as traders reacted to the 8 million […]
Thursday, January 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.101, twelve cents above Wednesday’s closing price of $2.980. Bouncing back from the previous session’s selloff, prices […]