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Recap: The crude market on Thursday continued to retrace its recent losses as increasing concerns over escalating tensions in the Middle East offset demand concerns that had pushed the market […]
Thursday, August 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.081, three cents below Wednesday’s closing price of 2.112. Falling to the intraday low of $2.028 by […]
Recap: The crude market rallied higher on Wednesday in light of a larger than expected draw in crude stocks. The oil market traded to a low of $72.58 in overnight […]
Wednesday, August 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.099, nine cents above Tuesday’s closing price of $2.010. Recording the intraday low of $2.059 multiple times […]
Recap: The oil market traded mostly sideways on Tuesday after it retraced some of Monday’s sharp losses in overnight trading. The market breached its previous high of $74.46 and posted […]
Tuesday, August 6th saw the front-month NYMEX Natural Gas Futures Contract open at $1.969, three cents above Monday’s closing price of $1.942. Seeking direction throughout the morning, reaching an intraday […]
Recap: The oil market sold off sharply on Monday in follow through selling seen in the equities market amid fears of a U.S. recession. Its losses were however limited by […]
Monday, August 5th saw the front-month NYMEX Natural Gas Futures Contract open at $1.904, six cents below Friday’s closing price of $1.967. Ascending to the intraday high of $1.974 at […]
Friday, August 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.983, two cents above Thursday’s closing price of $1.968. Making gains in the session’s opening hour to […]
Recap: The oil market on Friday continued to give up its recent gains and posted a fourth consecutive weekly decline, with a fall of 4.72% in the latest week. Signs […]