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Thursday, July 10th saw the front-month NYMEX Natural Gas contract open at $3.254, $0.040 below Tues-day’s closing price of $3.214. Recording the intraday low of $3.233 by 9:05AM, buying resumed […]
Recap: The crude market on Wednesday ended the session up 0.07% as it weighed the attacks on shipping vessels in the Red Sea, forecasts of lower U.S. oil output and […]
Wednesday, July 9th saw the front-month NYMEX Natural Gas contract open at $3.225, $0.115 below Tuesday’s closing price of $3.340. Knocked down by abundant storage levels and lackluster weather forecasts, […]
Recap: The crude market traded higher as the market assessed the latest developments regarding U.S. tariffs against the concerns over Houthi attacks on vessels off Yemen and lower U.S. oil […]
Tuesday, July 8th saw the front-month NYMEX Natural Gas contract open at $3.382, $0.030 below Monday’s closing price of $3.412. Recording the intraday high of $3.396 by 9:05AM, prices traded […]
Recap: The oil market posted an outside trading day as it traded higher on Monday despite the OPEC+ decision to increase output more than expected for August and concerns about […]
Monday, July 7th saw the front-month NYMEX Natural Gas contract open at $3.349, $0.060 below Thursday’s closing price of $3.409. Recording the intraday of $3.343 within minutes of the opening […]
Recap: The oil market on Thursday, ahead of the long 4th of July holiday weekend, posted an inside trading day. The market traded to its previous high of $67.58 early […]
Thursday, July 3rd saw the front-month NYMEX Natural Gas contract open at $3.462, $0.047 above Wednesday’s closing price of $3.488. Building to an intraday high of $3.574 by 10:00AM, prices […]
Recap: The crude market traded higher on Wednesday on news that Iran suspended its cooperation with the U.N.’s IAEA and the U.S. and Vietnam reached a trade deal. Early in […]