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Recap: The crude market on Tuesday continued to trade higher as supply risks offset concerns over increased OPEC+ output. The market was supported by Iran’s potential rejection of the latest […]
Tuesday, June 3rd saw the front-month NYMEX Natural Gas contract open at $3.675, $0.019 below Monday’s closing price of $3.694. Falling to the intraday low of $3.631 at 9:20AM, LNG […]
Recap: The oil market traded higher after OPEC+ on Saturday decided to keep its output increases in July at the same level as the previous two months. OPEC+, decided to […]
Monday, June 2nd saw the front-month NYMEX Natural Gas contract open at $3.687, $0.240 above Friday’s closing price of $3.447. Lower production and forecasted warmer temperatures led to short covering […]
Recap: The oil market on Friday traded lower and posted a second consecutive weekly decline, as the market weighed the uncertainty surrounding the U.S. tariff policy after a reversal of […]
Friday, May 30th saw the front-month NYMEX Natural Gas contract open at $3.477, $0.045 below Thursday’s closing price of $3.522. Ascending to an intraday high of $3.549 at 9:25AM, the […]
Recap: The crude oil market on Thursday posted an outside trading day as the market weighed the news of a U.S. federal court’s ruling against President Donald Trump’s tariffs and […]
Thursday, May 29th saw the front-month NYMEX Natural Gas contract open at $3.543, $0.014 below Wednesday’s closing price of $3.557. Trading along $3.545 leading up to the weekly publication, prices […]
Recap: The oil market traded higher after OPEC+ agreed to establish a mechanism for setting baselines for its 2027 oil production. A separate meeting on Saturday of eight OPEC+ countries […]
Wednesday, May 28th saw the front-month NYMEX Natural Gas contract open at $3.425, $0.027 above Tuesday’s closing price of $3.398. Trending lower throughout the session, June settled lower on Wednesday […]