Fundamental News: Abu Dhabi National Oil Company has kept crude supply reductions to term customers in Asia mostly steady in February versus January. ADNOC notified its customers that their February […]
Recap: Oil futures rose sharply on Wednesday after the EIA showed draws across the board in U.S. inventories. While inventories for crude oil showed a smaller than expected decline, stockpiles […]
Tuesday, December 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.787, eight cents above Monday’s closing price $2.705. Trickling downward to an intraday low of $2.764 by […]
Tuesday, December 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.787, eight cents above Monday’s closing price $2.705. Trickling downward to an intraday low of $2.764 by […]
Recap: Oil futures ended lower on Tuesday, marking the second straight day of losses, as a new strain of COVID-19 reignited concerns over demand and a global economic recovery. Due […]
Monday, December 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.680, two cents below Friday’s closing price $2.700. Touching down to an intraday low of $2.662 soon […]
Recap: Oil futures slipped on Monday amid fears that the new strain of COVID-19 found in the UK will put additional pressure on demand. Several countries have already closed their […]
Friday, December 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.677, four cents above Thursday’s closing price $2.636. Trading along either side of $2.690 for the majority […]
Recap: Oil futures settled at their highest level since February, gaining for the seventh week in a row, as the vaccine rollout for COVID-19 continues and on heightened optimism that […]
Recap: Oil futures settled higher for the fourth straight session, as signs of progress have been seen in U.S. lawmakers reaching a second round of economic relief. Oil prices jumped […]