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Recap: The oil market on Thursday traded sharply lower on the possibility of a U.S.-Iran nuclear deal that raised the prospect of increased global crude supply. The June WTI contract […]
Thursday, May 15th saw the front-month NYMEX Natural Gas contract open at $3.439, $0.053 cents below Wednesday’s closing price of $3.492. Ascending to an intraday high of $3.494 ahead of […]
Wednesday, May 14th saw the front-month NYMEX Natural Gas contract open at $3.534, $0.113 cents below Tuesday’s closing price of $3.647. Near-term bearish weather forecasts and expectations for another above-average […]
Recap: The oil market posted an inside trading day as the market remained cautious amid the lingering uncertainties around global trade negotiations. The market traded to its high of $63.68 […]
Recap: The oil market on Tuesday remained supported by the U.S.-China agreement to cut tariffs for at least 90 days. While the market rallied about 4% on Monday, the market […]
Tuesday, May 13th saw the front-month NYMEX Natural Gas contract open at $3.682, $0.036 cents above Monday’s closing price of $3.646. Marking the intraday high of $3.703 ahead of 9:10AM […]
Recap: The oil market on Monday rallied higher after the U.S. and China agreed to temporarily cut tariffs, easing concerns over a deepening trade war that has threatened global economic […]
Monday, May 12th saw the front-month NYMEX Natural Gas contract open at $3.702, $0.093 cents above Friday’s closing price of $3.795. Marking the intraday high of $3.719 soon after the […]
Recap: The oil market on Friday continued on its upward trend, posting a weekly gain of 4.68% after the market breached its resistance line late Thursday afternoon. The market remained […]
Friday, May 9th saw the front-month NYMEX Natural Gas contract open at $3.713, $0.121 cents above Thursday’s closing price of $3.592. Looking past the bearish storage report from the previous […]