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Recap: The crude market sold off 1.9% on Tuesday, posting its third consecutive down day, as traders discounted the impact of the U.S. sanctions imposed against Russia’s Lukoil and Rosneft, […]
Tuesday, October 28th saw the front-month NYMEX Natural Gas contract open at $3.337, $0.105 below Monday’s closing price of $3.442. Losing ground overnight due to warming forecasts and expiration volatility, […]
Recap: The oil market traded lower on Monday amid some skepticism that U.S.-China trade deal framework would increase demand for oil and expectations that OPEC+ will make another increase of […]
Monday, October 27th saw the front-month NYMEX Natural Gas contract open at $3.324, $0.020 above Friday’s closing price of $3.304. Marking the intraday low of $3.313 within minutes of the […]
Recap: The oil market on Friday continued on its upward trend adding to gains seen over the past few trading sessions following the announcement of U.S. sanctions imposed against Russia’s […]
Friday, October 24th saw the front-month NYMEX Natural Gas contract open at $3.325, $0.019 below Thursday’s closing price of $3.344. Tallying the intraday high of $3.351 at 9:15AM, the contract […]
Thursday, October 23rd saw the front-month NYMEX Natural Gas contract open at $3.400, $0.050 below Wednesday’s closing price of $3.450. Trading along the $3.395 level leading up to the weekly […]
Recap: The oil market on Thursday added to its sharp gains posted on Wednesday after U.S. President Donald Trump introduced new sanctions on Russia’s two largest oil companies, Rosneft and […]
Wednesday, October 22nd saw the front-month NYMEX Natural Gas contract open at $3.522, $0.048 above Tuesday’s closing price of $3.474. Achieving the intraday high of $3.553 early on as overnight […]
Recap: The oil market on Wednesday traded higher on the news that India could gradually reduce its purchases of Russian oil as part of a trade deal with the United […]