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Recap: On Friday, oil futures tried to recover from the previous day’s sell-off but the recovery proved to be weak, as prices came crashing down. Initially, oil prices rose more than […]
Thursday, July 21st saw the August NYMEX Natural Gas Futures Contract open at $7.842, sixteen cents below Wednesday’s closing price of $8.007. Seeking direction along either side of $7.760 through […]
Recap: Oil futures turned lower on Thursday on higher U.S. gasoline stockpiles and after a European Central Bank rate hike stoked demand concerns, while returning oil supply from Libya and […]
Wednesday, July 20th saw the August NYMEX Natural Gas Futures Contract open at $7.478, twenty-one cents above Tuesday’s closing price of $7.264. Marking the intraday low of $7.345 at 9:45AM, […]
Recap: Oil futures bounced a bit on Wednesday but turned to the downside after a mixed weekly EIA report. Fostering the up move was the unexpected decline in both U.S. […]
Tuesday, July 19th saw the August NYMEX Natural Gas Futures Contract open at $7.277, twenty cents below Monday’s closing price of $7.479. Losing ground overnight as traders assess the latest […]
Recap: Oil futures traded higher on Tuesday, to trade at their highest level in two weeks as the market focus was more on tight supplies and a weak U.S. dollar […]
Monday, July 18th saw the August NYMEX Natural Gas Futures Contract open at $7.248, five cents below Thursday’s closing price of $7.016. Marking the intraday low of $7.227 out of […]
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 […]