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Recap: The oil market posted an outside trading day after the market erased its overnight gains as the market was weighed down by the prospects of a market surplus. The […]
Monday, October 20th saw the front-month NYMEX Natural Gas contract open at $3.230, $0.222 above Friday’s closing price of $3.008. Prices were up early on as updated forecasts brought news […]
Recap: The oil market settled slightly higher on Friday, up 0.14% on the day but was down 2.31% on the week after U.S. President Donald Trump and Russian President Vladimir […]
Friday, October 17th saw the front-month NYMEX Natural Gas contract open at $2.948, $0.010 above Thursday’s closing price of $2.938. Marking the intraday low of $2.936 at 9:15AM, the contract […]
Recap: The crude oil market ended the session lower as news of Russia’s President Vladimir Putin agreeing to meet U.S. President Donald Trump to discuss ending the war in Ukraine […]
Thursday, October 16th saw the front-month NYMEX Natural Gas contract open at $3.015, $0.001 above Wednesday’s closing price of $3.016. Trading sideways near $3.020 leading up to the weekly storage […]
Wednesday, October 15th saw the front-month NYMEX Natural Gas contract open at $2.988, $0.040 below Tuesday’s closing price of $3.028. A wave of bearish fundamentals sent the contract momentarily below […]
Tuesday, October 14th saw the front-month NYMEX Natural Gas contract open at $3.045, $0.073 below Monday’s closing price of $3.118. Trading sideways along $3.045 through 10:00AM, prices then rose to […]
Recap: The oil market posted an inside trading day as the market remained pressured by the U.S.-China trade tensions and the IEA’s prediction of a supply surplus next year. The […]
Recap: The oil market on Tuesday continued to trend lower and breached Friday’s trading range as increased trade tension between the U.S. and China and a bearish IEA report weigh […]