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Thursday, January 12th saw the February NYMEX Natural Gas Futures Contract open at $3.808, fourteen cents above Wednesday’s closing price of $3.671. Trading along either side of $3.865 through 10:00AM […]
Recap: The oil market continued on its upward trend on Thursday in follow through strength seen on Wednesday amid concerns over the impact of sanctions on Russian crude output. The […]
Wednesday, January 11th saw the February NYMEX Natural Gas Futures Contract open at $3.764, thirteen cents above Tuesday’s closing price of $3.639. Recording the intraday high of $3.769 out of […]
Recap: The oil market rallied higher as concerns over the impact of sanctions on Russian crude output outweighed a large unexpected build in crude stocks. The market was supported by […]
Tuesday, January 10th saw the February NYMEX Natural Gas Futures Contract open at $3.708, thirteen cents above Monday’s closing price of $3.910. Trending lower overnight as traders had a chance […]
Recap: The oil market posted an inside trading day as the market awaits the release of the weekly petroleum stock reports. The oil market continued to move lower in overnight […]
Monday, January 9th saw the February NYMEX Natural Gas Futures Contract open at $3.840, thirteen cents above Friday’s closing price of $3.710. Trending higher before the opening and continuing through […]
Recap: The oil market rallied higher on Monday after falling more than 8% last week, the largest weekly decline at the start of a year since 2016. The oil market was […]
Friday, January 6th saw the February NYMEX Natural Gas Futures Contract open at $3.664, six cents below Thursday’s closing price of $3.720. With forecasts remaining unquestionably bearish for the weeks […]
Recap: The oil market retraced its previous losses and rallied by over $1 early in the session amid a weaker dollar. The dollar pared its earlier gains following the release […]