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Friday, January 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.140, two cents above Thursday’s closing price of $2.122. Falling to an intraday low of $2.115 by […]
Recap: Oil futures rallied Friday, briefly lifting U.S. prices to their highest in eight months, after a U.S. airstrike in Iraq killed one of Iran’s top military commanders, sparking fears of […]
Thursday, January 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.169, two cents below Tuesday’s closing price of $2.189. Tallying an intraday high of $2.170 as markets […]
Recap: Trading was quiet with prices trading flat in both the WTI and Brent markets, as traders came back from the Christmas/New Year holidays. Prices were supported by signs of improving […]
Fundamental News: The US EIA reported that US crude oil production in October increased to a record 12.66 million bpd from a revised 12.48 million bpd in September. It also […]
Recap: Oil futures turned mixed after hitting a three-month high Monday, lifted by upbeat expectations around the global economy and optimism over an expected trade deal between the U.S. and China, […]
Friday, December 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.209, nine cents below Tuesday’s closing price of $2.294. After open, prices began to fall before quickly […]
Recap: Oil was little changed on Friday, steadying near three-month highs after new data showed U.S. crude inventories fell far more than expected, while upbeat economic data and optimism over a […]
Thursday, December 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.255, eight cents above Tuesday’s closing price of $2.172. Prices quickly reached their intraday low of $2.244 […]
Recap: Crude oil prices rose on Thursday after the API reported a 7.9 million barrel drop in U.S. crude oil inventories. WTI rose to its highest level in 3 ½ months, […]