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Recap: The oil market traded higher after OPEC+ on Saturday decided to keep its output increases in July at the same level as the previous two months. OPEC+, decided to […]
Monday, June 2nd saw the front-month NYMEX Natural Gas contract open at $3.687, $0.240 above Friday’s closing price of $3.447. Lower production and forecasted warmer temperatures led to short covering […]
Recap: The oil market on Friday traded lower and posted a second consecutive weekly decline, as the market weighed the uncertainty surrounding the U.S. tariff policy after a reversal of […]
Friday, May 30th saw the front-month NYMEX Natural Gas contract open at $3.477, $0.045 below Thursday’s closing price of $3.522. Ascending to an intraday high of $3.549 at 9:25AM, the […]
Recap: The crude oil market on Thursday posted an outside trading day as the market weighed the news of a U.S. federal court’s ruling against President Donald Trump’s tariffs and […]
Thursday, May 29th saw the front-month NYMEX Natural Gas contract open at $3.543, $0.014 below Wednesday’s closing price of $3.557. Trading along $3.545 leading up to the weekly publication, prices […]
Recap: The oil market traded higher after OPEC+ agreed to establish a mechanism for setting baselines for its 2027 oil production. A separate meeting on Saturday of eight OPEC+ countries […]
Wednesday, May 28th saw the front-month NYMEX Natural Gas contract open at $3.425, $0.027 above Tuesday’s closing price of $3.398. Trending lower throughout the session, June settled lower on Wednesday […]
Recap: The oil market traded lower on Tuesday ahead of the OPEC+ meeting later this week, while easing trade tensions provided some support to the market. The crude market traded […]
Tuesday, May 27th saw the front-month NYMEX Natural Gas contract open at $3.360, $0.026 above Friday’s closing price of $3.334. Falling to the intraday low of $3.272 by 9:25AM as […]