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Wednesday, February 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.538, three cents below Tuesday’s closing price of $2.567. Posting an arching ascent through the morning hours, […]
Recap: The oil market looked ready to post an inside trading day early in the session, however the market sold off sharply following the release of the EIA petroleum stock […]
Tuesday, February 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.559, fifteen cents above Monday’s closing price of $2.405. Marking the intraday low of $2.515 shortly after […]
Recap: The oil market started the session lower on news that the U.S. government said it would release more crude from its SPR, while the market looked for U.S. inflation […]
Monday, February 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.441, seven cents below Friday’s closing price of $2.514. Trading along either side of $2.450 for the […]
Recap: The oil market traded higher on Monday, continuing last week’s upward momentum as the market weighed Russia’s plans to cut production in March and short-term demand concerns ahead of […]
Friday, February 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.448, two cents above Thursday’s closing price of $2.430. Seeking direction as the contract floated along either […]
Recap: The oil market continued on its upward trend on Friday on Russia’s announcement that it plans to cut its oil production in March by 500,000 bpd after the West […]
Thursday, February 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.424, three cents above Wednesday’s closing price of $2.396. Trading along either side of the $2.44 level […]
Recap: The crude market posted an outside trading session as the market was initially buoyed by hopes of increased Chinese demand while the builds in oil inventories reported by the […]