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On Wednesday, February 27th – the April NYMEX Natural Gas Futures Contract began trading as the prompt month. Opening at $2.742, five cents below Tuesday’s closing price of $2.796, prices […]
On Tuesday, February 26th – settlement day for the March contract – the front-month NYMEX Natural Gas Futures Contracts opened at $2.885, five cents above Monday’s closing price of $2.836. […]
Recap: The oil market stabilized on Tuesday on signs that OPEC plans to maintain its production cuts despite the pressure from US President Donald Trump to ease its efforts to […]
Recap: After posting fresh three month highs on Friday, crude oil prices fell sharply lower Monday following tweets by U.S. President Donald Trump calling on OPEC to “relax and take […]
Monday, February 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.777, six cents above Friday’s closing price of $2.717. Trending lower initially to seesaw along $2.765 through […]
Recap: Crude oil futures reversed course on Friday to advance for the second straight week, as prices gained on upbeat trade talks between the U.S. and China. Both Brent and […]
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 […]