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Thursday, May 14th saw the front-month NYMEX Natural Gas contract open at $2.825, $0.039 below Wednesday’s closing price of $2.864. Falling to an intraday low of $2.798 at 9:50AM, prices […]
Recap: The oil market on Thursday traded lower in light of reports of vessels crossing the Strait of Hormuz. Iran’s state media said about 30 vessels crossed the Strait of […]
Wednesday, May 13th saw the front-month NYMEX Natural Gas contract open at $2.923, $0.080 above Tuesday’s closing price of $2.843. Recording the intraday high of $2.927 within minutes of the […]
Recap: The oil market continued to trend higher early in the session but ended 1.14% lower as the market weighed the fragile Middle East ceasefire and the summit between U.S. […]
Tuesday, May 12th saw the front-month NYMEX Natural Gas contract open at $2.857, $0.053 below Monday’s closing price of $2.910. Marking the intraday high of $2.873 ahead of 9:05AM, the […]
Recap: The crude market traded higher on Wednesday in light of the continuing impasse between the U.S. and Iran over a U.S. proposal to end the war, cutting hopes of […]
Monday, May 11th saw the front-month NYMEX Natural Gas contract open at $2.834, $0.077 above Friday’s closing price of $2.757. Recording the intraday of $2.827 by 9:15AM, prices moved confidently […]
Recap: On Monday, the oil market continued to trend higher within last Wednesday’s trading range, after U.S. President Donald Trump rejected Iran’s response to the U.S. peace proposal, leaving the […]
Friday, May 8th saw the front-month NYMEX Natural Gas contract open at $2.796, $0.027 above Thursday’s closing price of $2.769. Reaching an intraday high of $2.845 by 9:15AM, prices then […]
Recap: The oil market on Friday continued to trade within Wednesday’s volatile trading range, ending the session higher as the market weighed the news of renewed U.S.-Iran hostilities against President […]