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Wednesday, December 1st saw the front-month NYMEX Natural Gas Futures Contract open at $4.420, nearly fifteen cents below Tuesday’s closing price of $4.567. Marking an intraday high of $4.431 within […]
Recap: Oil futures gave back early gains, falling to a fresh three-month low after the EIA issued a bearish inventory report, as OPEC+ began a two day meeting to decide on […]
Tuesday, November 30th saw the front-month NYMEX Natural Gas Futures Contract open at $4.555, thirty cents below Monday’s closing price of $4.854. Falling to a three-month intraday low of $4.482 […]
Recap: Oil futures fell sharply on Tuesday, as the World Health Organization said the new omicron variant poses a high global risk, and a major pharmaceuticals company said currently available […]
Monday, November 29th saw the front-month NYMEX Natural Gas Futures Contract open at $4.936, fifty-one cents below Friday’s closing price of $5.447. Following Friday’s contract expiration-induced rally, prices withdrew ahead […]
Recap: After falling by almost 13% on Friday, oil prices rebounded on Monday alongside a higher equities market. Traders seem to agree that the price collapse on Friday was a bit […]
Friday, November 26th saw the front-month NYMEX Natural Gas Futures Contract open at $5.337, twenty-seven cents above Wednesday’s closing price of $5.068. Following a volatile day of trading, the December […]
Recap: Oil futures traded back and forth on Wednesday, with the January contract hovering around the 50-day moving average. Trading was quiet ahead of the Thanksgiving Holiday in the U.S. Thursday’s […]
Tuesday, November 23rd – saw the front-month NYMEX Natural Gas Futures Contract open at $4.929, fourteen cents below Monday’s closing price of $4.789. Trading along either side of $4.970 through […]
Recap: The U.S. along with other major oil consumers announced a coordinated plan to release crude oil from strategic reserves in an effort to stem rising energy costs, but the […]