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Tuesday, August 5th saw the front-month NYMEX Natural Gas contract open at $3.000, $0.068 above Monday’s closing price of $2.932. Recording the intraday low of 2.965, bulls then jumped on […]
Monday, August 4th saw the front-month NYMEX Natural Gas contract open at $3.008, $0.075 below Friday’s closing price of $3.083. Achieving the intraday high of $3.028 at 9:35AM, the contract […]
Recap: The oil market traded lower after OPEC+ on Sunday agreed to another output increase for September, adding to the market’s concerns of oversupply amid lower demand. OPEC+ agreed to […]
Recap: The oil market traded lower on Friday as the market weighed the impact of furtherimport tariffs imposed by U.S. President Donald Trump ranging from 10% to 41% on U.S.imports from […]
Friday, August 1st saw the front-month NYMEX Natural Gas contract open at $3.125, $0.019 above Thursday’s closing price of $3.106. Recording the intraday high of $3.128 by 9:05AM, prices trended […]
Thursday, July 31st saw the front-month NYMEX Natural Gas contract open at $3.041, $0.004 below Wednesday’s closing price of $3.045. Trading along either side of $3.010 leading up to the […]
Recap: The oil market traded lower following a three day rally and posted an inside trading day ahead of Friday’s tariff deadline and the threats of sanctions against Russia and […]
Recap: The crude oil market rallied higher in light of U.S. President Donald Trump’s tighter deadline for Russia to end its war in Ukraine and his tariff threats to countries […]
Wednesday, July 30th saw the front-month NYMEX Natural Gas contract open at $3.053, $0.089 below Tuesday’s closing price of $3.142. Picking up where the August contract left off, hefty storage […]
Recap: The oil market on Tuesday rallied sharply higher after the U.S. Treasury Secretary said China could see high tariffs if it continues to buy Russian oil. The market posted […]