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Recap: Oil futures came roaring back on Monday, adding to last week’s come back, as continued physical tightness overshadowed thoughts of demand destruction and as the U.S. dollar weakened. Market […]
Friday, July 15th saw the August NYMEX Natural Gas Futures Contract open at $6.550, five cents below Thursday’s closing price of $6.600. Marking the intraday low of $6.513 within minutes […]
Recap: Oil futures ended the session up 2.5% on Friday after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question […]
Thursday, July 14th saw the August NYMEX Natural Gas Futures Contract open at $6.847, sixteen cents above Wednesday’s closing price of $6.689. Seeking direction as the contract fluctuated within a […]
Recap: The potential for a large U.S. rate hike pummeled crude oil prices to their level since the Russian invasion of Ukraine. Both contracts hit lows on Thursday which were […]
Wednesday, July 13th saw the August NYMEX Natural Gas Futures Contract open at $6.516, 35 cents above Tuesday’s closing price of $6.163. Trailing downward to mark an intraday low of […]
Recap: Oil prices erased earlier declines, jumping to fresh session highs after a weekly EIA report seen as bearish, although another large release of government reserves of crude-oil played a […]
Tuesday, July 12th saw the August NYMEX Natural Gas Futures Contract open at $6.623, twenty cents above Monday’s closing price of $6.426. Achieving an intraday high of $6.666 within minutes […]
Recap: Crude prices extended earlier losses as Covid-19 cases and lockdowns in China continued to raise concerns about demand for oil. Fears about a recession on the horizon also weighed […]
Monday, July 11th saw the August NYMEX Natural Gas Futures Contract open at $6.563, fifty-three cents above Friday’s closing price of $6.034. Ascending to an intraday high of $6.689 by […]