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Recap: Oil prices continued to rebound on Friday, supported by a drop in European inventories and expectations OPEC would increase output cuts despite the IEA reporting demand growth at its […]
Recap: Oil jumped more than 3% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of […]
Thursday, August 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.108, more than two cents above Wednesday’s closing price of $2.083. Falling to an intraday low of […]
Recap: Oil prices fell more than 5% on Wednesday to fresh 7-month lows following an unexpected expansion in U.S. crude oil inventories and on heightened trade tensions between the U.S. […]
Wednesday, August 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.124, a penny above Tuesday’s closing price of $2.111. Catching the downside of a pre-session rally, prices […]
Recap: Crude oil prices turned lower on Tuesday, giving up early gains after the stock market pared its recovery and, as traders weighed in on the effect trade tensions between […]
Tuesday, August 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.097, nearly three cents above Monday’s closing price of $2.070. Slipping to an intraday low of $2.081 […]
Recap: The ongoing trade war between the U.S. and China dominated market activity, pushing oil prices lower on Monday. Brent crude oil was hit the hardest, with the October contract falling […]
Monday, August 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.044, nearly eight cents below Friday’s closing price of $2.121. Slipping to another three-year intraday low of […]