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Wednesday, March 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.534, three cents below Tuesday’s closing price of $2.562. Ascending to an intraday high of $2.553 by […]
Recap: WTI continues to hover around $64 with a surge in prices seeming less likely, as U.S. crude oil inventories rose for the fourth straight week, as refiners ramp up output. […]
Tuesday, March 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.503, a penny above Monday’s closing price of $2.492. Slipping to an intraday low of $2.494 as […]
Recap: Oil futures fell on Tuesday, as European countries suspended the use of Oxford/AstraZeneca’s vaccine after reports of possible serious side effects. Investors grew worrisome that the slow pace of vaccinations […]
Monday, March 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.535, almost seven cents below Friday’s closing price of $2.600. Prices would reach their intraday high moments […]
Recap: Oil prices slipped on Monday, pulling back from earlier gains nurtured by strong Chinese economic news and ongoing supply restraint from OPEC+. China’s industrial output growth quickened in January-February, […]
Friday, March 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.660, almost even with Thursday’s closing price of $2.664. Prices would reach their intraday high of $2.673 […]
Recap: It was a lackluster trading session for oil futures on Friday, as prices pulled back from Thursday’s RBOB lead rally. Strength in the U.S. dollar weighed on the market, as […]
Thursday, March 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.673, almost two cents below Wednesday’s closing price of $2.692. Prices traded steadily up until the release […]
Recap: Energy markets were dragged higher by RBOB futures, as the front-month contract settled at its highest level in 2 ½ years. Oil futures also got a boost from a […]