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Recap: Oil prices slumped on Tuesday, falling to a two-month low, as traders reacted to a sell-off in U.S. equity markets, which raised concern about demand. December WTI fell below […]
Recap: Oil prices pared early losses on Monday, finishing the trading session close to unchanged. After falling by 1.2%, November WTI reversed course, going off the board at $69.17 a barrel, […]
Monday, October 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.171, eight cents below Friday’s closing price of $3.250. Coming down from last week’s gains, weather forecasts […]
Friday, October 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.172, more than two cents below Thursday’s closing price of $3.198. Launching from the intraday low as […]
Recap: Despite oil prices rising on Friday, they posted their second straight week of losses, as forecasts for forward demand were lowered, and as U.S crude oil inventories climbed. Adding […]
Recap: Oil prices opened slightly higher on Thursday, but were unable to gather momentum to the upside. Macroeconomic worries and lower demand forecasts outweighed concern regarding supply shortfalls due to […]
Thursday, October 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.256, roughly six cents below Wednesday’s closing price of $3.320. Settling near $3.240 by 9:30AM the contract […]
Recap: The larger than expected 6.5 million barrel build in U.S. crude oil inventories sparked a length lightening sell-off in both WTI and Brent. WTI fell to a four week […]
Wednesday, October 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.261, two cents above Tuesday’s closing price of $3.239. Following a quiet morning where traders weighed expectations […]
Tuesday, October 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.230, a penny below Monday’s closing price of $3.242. In a choppy day of trading, prices slipped […]