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Thursday, August 14th saw the front-month NYMEX Natural Gas contract open at $2.797, $0.031 below Wednesday’s closing price of $2.828. Reclaiming territory that was lost overnight, prices were trading near […]
Recap: The crude oil market traded lower as the market weighed an unexpected build in crude oil inventories against comments made by U.S. Treasury Secretary Scott Bessent over leveraging sanctions […]
Wednesday, August 13th saw the front-month NYMEX Natural Gas contract open at $2.830, $0.022 above Tuesday’s closing price of $2.808. As bearish fundamentals persisted, prices stepped gradually lower through the […]
Recap: The oil market on Tuesday posted yet another inside trading day as the market weighed the news of the U.S. and China extending a pause on higher tariffs and […]
Tuesday, August 12th saw the front-month NYMEX Natural Gas contract open at $2.886, $0.068 below Monday’s closing price of $2.954. Recording the intraday high as markets opened, the contract trended […]
Recap: The crude oil market posted an inside trading day and settled higher as traders looked ahead to talks this week between the U.S. and Russia over the war in […]
Monday, August 11th saw the front-month NYMEX Natural Gas contract open at $2.983, $0.007 below Friday’s closing price of $2.990. Achieving the intraday high of $3.000 at 9:20AM, prices trended […]
Recap: The crude market on Friday settled unchanged on the day but ended down 5.12% on the week, the largest weekly decline since late June on expectations of a diplomatic […]
Friday, August 8th saw the front-month NYMEX Natural Gas contract open at $3.048, $0.019 below Thursday’s closing price of $3.067. Largely unchanged overnight, traders are choosing to focus on the […]
Recap: Following an outside trading session on Wednesday, the oil market on Thursday posted an inside trading day amid the expectation of a diplomatic end to the war in Ukraine. […]