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Recap: Oil futures fell on Monday, with some traders worried that the rising number of COVID cases will stammer demand and, as the energy complex grew concerned over the decision by […]
Recap: In a surprise move, oil futures rose on Thursday, despite OPEC+ deciding to gradually increase crude output by adding 350,000 barrels per day starting in May and over the […]
Thursday, April 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.594, a penny below Wednesday’s closing price of $2.608. Tallying an intraday low of $2.593 soon after […]
Recap: Oil futures rose on Wednesday, as U.S. crude supplies fell for the first time in six weeks, according to the EIA. The EIA reported a 900,000 barrel drop in U.S. […]
Tuesday, March 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.636, two cents below Monday’s closing price of $2.653. Trading alongside $2.635 through 10:30AM, marking an intraday […]
Recap: Oil futures stumbled on Tuesday, as ships resumed moving through the Suez Canal and as traders focused on the meeting between OPEC and its allies set for later this […]
Monday, March 29th – settlement day for the April contract—saw the front-month NYMEX Natural Gas Futures Contract open at $2.583, nearly three cents above Friday’s closing price of $2.557. Bearish […]
Recap: Oil futures traded higher on Monday, after last week’s setback. Concerns over continued delays in the Suez Canal and expectations that OPEC+ will keep output through May spurred prices […]
Friday, March 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.565, just below Thursday’s closing price of $2.570. Ascending to an intraday high of $2.583 at 9:20AM, […]
Recap: Oil prices posted a rebound on Friday, bouncing back from Thursday’s plunge, as concern that the giant container ship that ran aground in the Suez Canal may block the […]