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Monday, March 18th saw the front-month NYMEX Natural Gas Futures Contract open at $1.729, seven cents above Friday’s closing price of $1.655. Achieving the intraday high of $1.751 prior to […]
Recap: The oil market continued on its upward trend on Monday following Friday’s inside trading day. The market was well supported by news of Ukraine’s attacks on Russian energy infrastructure, […]
Friday, March 15th saw the front-month NYMEX Natural Gas Futures Contract open at $1.735, slightly below Thursday’s closing price of $1.741. Up early on, analysts attributed this rally to news […]
Recap: The crude market on Friday posted an inside trading day as it retraced some of Thursday’s sharp gains and settled down 0.27% on the day. However, the market, which […]
Thursday, March 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.658, even with Wednesday’s closing price. Recording the intraday low of $1.645 ahead of 9:10AM, prices rose […]
Recap: The oil market extended its gains on Thursday amid the IEA outlook suggesting a tighter oil market. The IEA raised its demand growth forecast and lowered its supply projection […]
Wednesday, March 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.664, five cents below Tuesday’s closing price of $1.714. In an uneventful day of trading, prices traded […]
Recap: The oil market on Wednesday rallied over 2% following the release of a supportive EIA inventory report and a second day of Ukrainian drone attacks on Russian refining facilities. […]
Tuesday, March 12th saw the front-month NYMEX Natural Gas Futures Contract open at $1.803, four cents above Monday’s closing price of $1.759. Prices rallied leading up to the opening bell, […]
Recap: The oil market traded in a yo-yo manner on Tuesday and ended 0.47% lower as the market weighed U.S. economic data against OPEC’s demand growth forecast and the continuing […]