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Recap: The oil market fell close to $5, the largest drop in oil prices since November 30th when the Omicron variant spooked the market. The market sold off sharply after […]
Monday, February 14th saw the front-month NYMEX Natural Gas Futures Contract open at of $4.095, fifteen cents above Friday’s closing price of $3.941. Marking the intraday low of $4.062 within […]
Recap: On Monday, the crude oil market reversed its early losses and traded to a new seven year high ahead of the close as the market remained supported by the […]
Friday, February 11th saw the front-month NYMEX Natural Gas Futures Contract open at of $3.902, nearly six cents below Thursday’s closing price of $3.959. Trading within a tight band near […]
Recap: On Friday, the oil market continued to trend higher, posting a new seven-year high on the escalating tensions over Ukraine. White House National Security Adviser, Jake Sullivan, stated the […]
Thursday, February 10th saw the front-month NYMEX Natural Gas Futures Contract open at of $3.938, seven cents below Wednesday’s closing price of $4.009. Trading within a two-cent range of $3.920 […]
Recap: The oil market extended its rally for a second day on Thursday on concerns over market tightness. In its monthly report OPEC said that world oil demand may increase […]
Wednesday, February 9th saw the front-month NYMEX Natural Gas Futures Contract open at of $4.051, twenty cents below Tuesday’s closing price of $4.248. Reaching the intraday high of $4.064 ahead […]
Recap: The oil market erased its earlier gains, as the prospect of increased supply from Iran pressured the market. The market continued on its downward trend after the U.S. resumed […]
Tuesday, February 8th saw the front-month NYMEX Natural Gas Futures Contract open at of $4.316, eight cents above Monday’s closing price of $4.232. In a quiet day, following the past […]