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Wednesday, December 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.501, ten cents above Tuesday’s closing price $2.399. Recording an intraday high of $2.508 at 9:20AM, prices […]
Recap: Oil futures posted modest losses on Wednesday despite the more than 15 million barrel increase in U.S. crude oil inventories. The modest reaction to the huge stockpile build has […]
Tuesday, December 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.434, three cents above Monday’s closing price $2.406. Trading within three cents of $2.435 through the morning […]
Recap: Oil futures mostly lower on Tuesday, as the number of rising COVID-19 cases overshadowed optimism tied to a number of vaccines, which are already being administered in the UK. […]
Monday, December 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.417, sixteen cents below Friday’s closing price of $2.575. Down 17% from last Monday’s opening, persistent and […]
Recap: Oil futures pulled back from a nine month high on Monday, as the number of coronavirus cases continue to surge and as tensions between China and the U.S. intensifies. […]
Friday, December 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.511, slightly above Thursday’s closing price $2.507. Touching down to an intraday low of $2.501 minutes after […]
Recap: Not only did all three major petroleum futures contracts on NYMEX finish the trading session higher Friday, they also posted their fifth consecutive weekly gain. Despite the current surging […]
Thursday, December 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.611, seventeen cents below Wednesday’s closing price $2.780. Attaining an intraday high of $2.617 within minutes of […]
Recap: Oil futures continued to trend higher on Thursday despite OPEC+ agreeing to gradually increase crude production starting in January. This contradicts earlier expectations for an extension of current output […]