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Recap: Oil futures fell hard on Monday, marking the largest one-day percentage drop since March 31. Crude oil prices plummeted on news that Saudi Arabia lowered the official selling price […]
Friday, May 6th saw the June NYMEX Natural Gas Futures Contract open at $8.596, nineteen cents below Thursday’s closing price of $8.783. Tallying the intraday high of $8.639 near 9:15AM, […]
Recap: The oil market continued to trade higher for a third consecutive session on Friday as it shrugged off the losses in the global stock markets that pushed the marker […]
Thursday, May 5th saw the June NYMEX Natural Gas Futures Contract open at $8.430, nearly two cents above Wednesday’s closing price of $8.415. Trending lower trade near $8.300 by 9:30AM, […]
Recap: On Thursday, the oil market ended lower as a stronger U.S. dollar and a sell off in global stock markets offset the market’s supply concerns. Early in the session, the […]
Wednesday, May 4th saw the June NYMEX Natural Gas Futures Contract open at $8.451, fifty cents above Tuesday’s closing price of $7.954. Following the pre-session rally, prices traded within an […]
Recap: Oil futures rose to their highest level in two weeks, fueled by an EU proposal to ban Russian oil imports over time, and a weekly EIA report showing U.S. […]
Tuesday, May 3rd saw the June NYMEX Natural Gas Futures Contract open at $7.988, forty-one cents above Monday’s closing price of $7.475. Continuing its pre-session rally to attain a fresh […]
Recap: Oil prices slipped on Tuesday as China tightened COVID restrictions and as tanker-tracker data showed Russian crude oil flows increased. At this point, traders remain doubtful that the EI […]