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Recap: Weakening demand, exacerbated by Hurricane Ian and signs of a slowing economy, pushed WTI below $80 a barrel on Friday. August personal consumption expenditures price index, including gas and […]
Thursday, September 29th saw the November NYMEX Natural Gas Futures Contract open at $6.765, nineteen cents below Wednesday’s closing price of $6.955. Trading near $6.670 leading up to the weekly […]
Recap: Oil futures finished lower on Thursday as a sharp decline in U.S. stock markets sparked broader risk aversion across asset classes including energy commodities and as concerns over production […]
Wednesday, September 28th saw the October NYMEX Natural Gas Futures Contract open at $6.635, two cents below Tuesday’s closing price of $6.651. October settled higher at $6.868 Set to take […]
Recap: Oil prices extended earlier gains, after a mostly bullish EIA report that showed across-the-board US inventory declines in the three main categories–crude, gasoline and distillates.The weekly report also showed a […]
Tuesday, September 27th saw the October NYMEX Natural Gas Futures Contract open at $6.920, two cents above Monday’s closing price of $6.903. Seeking direction as prices fluctuated within a thirteen-cent […]
Recap: Oil futures bounced off of seven month lows after a report shows U.S. consumer confidence is seeing some improvement as gasoline prices decline from their all-time highs in June. […]
Monday, September 26th saw the October NYMEX Natural Gas Futures Contract open at $6.706, twelve cents below Friday’s closing price of $6.828. Slipping to a two-month intraday low of $6.526 […]
Recap: Oil futures posted sharp declines for the second straight sessions, marking their lowest level since January 3. The market has now fallen by 8.1% over the past two trading […]
Friday, September 23rd saw the October NYMEX Natural Gas Futures Contract open at $6.923, seventeen cents below Thursday’s closing price of $7.089. Healthy production and continued comfortable weather conditions directed […]