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Wednesday, February 18th saw the front-month NYMEX Natural Gas contract open at $3.003, $0.028 below Tuesday’s closing price $3.031. Battling bearish forecasts, prices trended lower ahead of midday to cross […]
Recap: The crude market retraced its previous losses as it rallied more than 4.5% as the talks between Russia and Ukraine ended with no breakthrough on Wednesday. Also, while tensions […]
Tuesday, February 17th saw the front-month NYMEX Natural Gas contract open at $3.082, $0.161 below Friday’s closing price $3.243. Continuing to trend lower as forecasts shift warmer and traders eye […]
Recap: The oil market on Tuesday posted an outside trading day and settled 0.89% lower after a meeting between the U.S. and Iran over Tehran’s nuclear program helped ease fears […]
Recap: The oil market traded sideways ahead of the long President’s Day holiday weekend as the market weighed the risks of the U.S.-Iran tensions. While U.S. President Donald Trump said […]
Friday, February 13th saw the front-month NYMEX Natural Gas contract open at $3.133, $0.084 below Thursday’s closing price $3.217. Reacting to seasonally bearish short-term forecasts and steady production, prices trended […]
Recap: The oil market tumbled more than $2 in light of the IEA lowering its global oil demand forecast for 2026. The IEA stated that global oil demand will increase […]
Thursday, February 12th saw the front-month NYMEX Natural Gas contract open at $3.259, $0.010 above Wednesday’s closing price $3.159. Achieving the intraday high of $3.316 at 9:55AM, the contract then […]
Wednesday, February 11th saw the front-month NYMEX Natural Gas contract open at $3.091, $0.024 below Tuesday’s closing price $3.115. Recording the intraday low of $3.082 within minutes of the open, […]
Recap: The crude oil market traded higher on Wednesday as the market weighed the continuing concerns over the possible escalation of tension between the U.S. and Iran against a large […]