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Thursday, December 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.427, three cents above Wednesday’s closing price of $2.399. Trading within two cents of $2.415 through the […]
Recap: Oil futures rallied a bit on Thursday on expectations OPEC and other major oil producers will make further output cuts in an effort to prop up prices. A ministerial panel […]
Wednesday, December 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.401, four cents below Tuesday’s closing price of $2.441. Following the previous session’s weather-induced rally, forecasts warmed […]
Recap: Oil futures rose Wednesday, after U.S. government data showed the first decline in U.S. crude-oil inventories in six weeks. WTI January delivery rose $2.56, or 4.5%, to $58.66 a barrel, while […]
Tuesday, December 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.409, eight cents above Monday’s closing price of $2.329. Falling to an intraday low of $2.391 as […]
Recap: The oil market on Tuesday posted an outside trading day but continued to trade within Friday’s trading range as it traded in and out of positive territory. The market was […]
Monday, December 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.343, six cents above Friday’s closing price of $2.281. Tumbling to the $2.300 level on Friday as […]
Recap: Oil futures rose Monday, buoyed after signs of a rebound in manufacturing activity in China as well as the potential for OPEC and its allies to agree on deeper […]
On Wednesday, November 27th – the January NYMEX Natural Gas Futures Contract began trading as the prompt month. Opening at $2.530, just below Tuesday’s closing price of $2.533, the contract […]
Recap: Oil prices turned lower Wednesday after official U.S. inventory data posted a 1.6 million barrel rise in U.S. crude oil stockpiles, which defied analyst predictions for a drawdown. Earlier, oil […]