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Wednesday, July 21st saw the front-month NYMEX Natural Gas Futures Contract open at $3.910, nearly four cents above Tuesday’s closing price of $3.876. Falling to an intraday low of $3.891 […]
Recap: Oil futures jumped on Wednesday despite data showing an unexpected 2.1 million barrel build in U.S. crude oil inventories, which broke an eight week streak of declines. The driver behind […]
Tuesday, July 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.852, seven cents above Monday’s closing price of $3.779. Continuing its pre-session momentum to reach an intraday […]
Recap: Perhaps a little bit overdone to the downside, oil futures bounced back on Tuesday, erasing some of the panic selling seen on Monday after OPEC+ agreed to boost supplies, and […]
Monday, July 19th saw the front-month NYMEX Natural Gas Futures Contract open at $3.748, seven cents above Friday’s closing price of $3.674. Slipping to an intraday low of $3.712 ahead […]
Recap: Oil futures plummeted more than 8% on Monday as OPEC and its allies agreed to increase monthly output by 400,000 barrels per day, while the spread of the delta variant […]
Friday, July 16th saw the front-month NYMEX Natural Gas Futures Contract open at $3.642, three cents above Thursday’s closing price of $3.614. Marking the intraday low as markets opened, the […]
Recap: Oil futures experienced a double blow this week, suffering their worst weekly loss since March, pressured by the possibility of additional OPEC supplies coming to the market and unfavorable fuel […]
Thursday, July 15th saw the front-month NYMEX Natural Gas Futures Contract open at $3.633, three cents above Wednesday’s closing price of $3.660. Prices quickly rose to their intraday high of […]
Recap: Crude oil futures fell for the second straight session, pressured by strength in the dollar, weak demand for gasoline in the U.S. and the prospect of additional supplies from […]