Absolute (values) Same as Flat. Reference to actual $/bbl or/gal price, as opposed to Basis values (see below) API The American Petroleum Institute, an industry advocacy group established in 1919 […]
Algonquin (AGT) – Algonquin Gas Transmission A regional interstate natural gas pipeline system that transports natural gas from pipeline interconnects in New Jersey and southeastern New England to major markets […]
Friday, April 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.986, two cents below Thursday’s closing price of $2.007. Falling to a seven-month intraday low of $1.968 […]
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Recap: On Friday, the oil market continued to trade within Wednesday’s trading range and ended in positive territory for the fourth consecutive week. The market opened relatively unchanged and traded […]
Thursday, April 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.081, a penny below Wednesday’s closing price of $2.093. Recording the intraday high of $2.093 as echoes […]
Recap: The oil market on Thursday posted an inside trading day after failing to breach its previous trading range. The market traded sideways and posted a high of $83.44 in […]
Wednesday, April 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.181, just below Tuesday’s closing price of $2.186. Recording the intraday high of $2.193 by 9:15AM, prices […]
Recap: The oil market broke out of its recent trading range on Wednesday as it breached its previous highs. Overnight, the market breached its resistance at $81.81 as it traded […]
Tuesday, April 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.214, four cents above Monday’s closing price of $2.172. Losing ground in the day’s opening hour to […]