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Wednesday, July 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.664, just below Tuesday’s closing price of $2.731. Shortly after market open, the August contract experienced a […]
Recap: On Wednesday, the oil market was well supported after U.S. inflation data suggested that inflation was slowing enough to allow the Federal Reserve to stop tightening U.S. monetary policy. […]
Tuesday, July 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.713, just above Monday’s closing price of $2.669. Immediately after open, August prices dropped to an intraday […]
Recap: The oil market on Tuesday continued on its upward trend as it remained supported by the supply cuts by Saudi Arabia and Russia for August and hopes for higher […]
Friday, July 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.612, just above Thursday’s closing price of $2.609. Trending higher leading up to the weekly storage publication, […]
Recap: The oil market continued to trend higher on Friday as supply concerns outweighed fears that further interest rate hikes could slow economic growth. The market was well supported by […]
Thursday, June 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.645, a penny below Wednesday’s closing price of $2.657. In a choppy day of trading, prices initially […]
Recap: The oil market on Thursday erased its overnight gain as the market saw a higher likelihood of a U.S. interest rate hike that could impact demand. The Fed’s minutes […]
Wednesday, July 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.721, a penny above Monday’s closing price of $2.709. Ascending early on to record the intraday high […]
Recap: On Wednesday, the oil market posted an outside trading day as the market weighed the supply cuts announced earlier this week by Saudi Arabia and Russia against the concerns […]