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Recap: The oil market on Tuesday posted an outside trading day after it continued to trade for two consecutive days within last Thursday’s trading range. The market was initially pressured […]
Tuesday, October 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.903, $0.020 below Monday’s closing price of $2.923. Posting a choppy ascent to attain the intraday high […]
Recap: The oil market on Monday continued to trade sideways, within last Thursday’s trading range. The market weighed the prospect of increased supply against escalating tensions in the Middle East. […]
Monday, September 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.892, $0.010 below Friday’s closing price of $2.902. Recording the intraday low of $2.868 within minutes of […]
Recap: The crude market on Friday posted an inside trading day as the market weighed expectations of increased global supply against some supportive news regarding new economic stimulus in China […]
Friday, September 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.798, $0.045 above Thursday’s closing price of $2.753. Recording the intraday low as markets opened, the contract […]
Recap: The oil market on Thursday continued on its recent downtrend following a Financial Times report that Saudi Arabia will give up its $100 price target as it prepares to […]
Thursday, September 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.655, $0.018 above Wednesday’s closing price of $2.637. Trending gradually lower throughout the day, October settled lower […]
Recap: The crude oil market on Wednesday retraced some of its previous gains despite the weekly petroleum stocks reports showing a larger than expected draw in crude stocks. The market […]
Wednesday, September 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.611, $0.060 above Tuesday’s closing price of $2.551. Seeking direction throughout the session, traders weighed the impact […]