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Friday, February 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.693, nearly even to Thursday’s closing price of $2.697. Touching the intraday low of $2.681 shortly after […]
Recap: Crude oil futures finished below unchanged after the EIA report showed that U.S. crude oil inventories rose by 3.7 million barrels, marking the fifth straight week of gains. Record […]
Thursday, February 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.674, roughly three cents above Wednesday’s closing price of $2.636. Trading fluctuated around $2.675 leading up to […]
Recap: On its last trading session, the March crude contract rallied more than 1% to its highest level this year. The crude market posted a low of $55.48 early in […]
Wednesday, February 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.682, roughly nine cents below Tuesday’s closing price of $2.662. It was a bearish market ahead of […]
Recap: Oil prices were mixed on Tuesday, with both Brent and WTI falling in early trading, but as the dollar weakened, WTI rebounded, erasing early losses. After falling 1.9 percent […]
Tuesday, February 19th saw the front-month NYMEX Natural Gas Futures Contracts open flat at $2.624, from Friday’s closing price of $2.621. At the open, the contract traded lower to the […]
Recap: Oil prices posted gains for the fourth straight session after it was reported that the Safaniyah oil field in Saudi Arabia, the world’s largest, is producing at a reduced […]
Friday, February 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.601, three cents above Thursday’s closing price of $2.573. Jumping higher soon after markets opened to surpass […]
Recap: After rising for the third straight session, oil prices suffered an early morning hit after the U.S. Commerce Department released a report showing U.S. retail sales fell 1.2 percent, […]