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Recap: The oil market traded lower on Monday at the start of what is expected to be a light trading week due to the Christmas holiday. The crude market posted […]
Recap: The crude market retraced some early losses and ended the session up after the market had been pressured by concerns about global demand. Interest rates are now expected to […]
Friday, December 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.628, up $0.044 compared to Thursday’s closing price of $3.584. Pulling back initially to mark the intraday […]
Recap: The crude market posted an inside trading day as the market weighed the draws reported in crude inventories against central banks in the U.S. as well Europe and Asia […]
Thursday, December 19th saw the front-month NYMEX Natural Gas Futures Contract open at $3.491, up$0.117 compared to Wednesday’s closing price of $3.374. Following overnight gains that can be attributed to […]
Recap: The oil market retraced some of its recent losses in light of the weekly petroleumstocks reports showing draws in crude stocks. However, its gains were limited after the FederalReserve […]
Wednesday, December 18th saw the front-month NYMEX Natural Gas Futures Contract open at $3.400, up $0.092 compared to Tuesday’s closing price of $3.308. Sustaining overnight gains throughout the morning, analysts […]
Recap: On Tuesday, the oil market extended the losses triggered on Monday by concerns over China’s economy, while traders remained cautious ahead of the Federal Reserve’s decision on interest rates […]
Tuesday, December 17th saw the front-month NYMEX Natural Gas Futures Contract open at $3.175, down $0.039 compared to Monday’s closing price of $3.214. Pulling back to record the intraday low […]
Recap: The oil market on Monday traded lower as concerns over Chinese demand outweighed threats of tighter sanctions on Russia and Iran. Last week, the market was well supported by […]