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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 […]
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Recap: The crude oil market on Monday posted an inside trading day following a more than 4% loss on Friday, as the market focused on possible talks between U.S. President […]
Monday, October 13th saw the front-month NYMEX Natural Gas contract open at $3.085, $0.021 below Friday’s closing price of $3.106. Falling to an intraday low of $3.048 at 9:45AM, stout […]
Friday, October 10th saw the front-month NYMEX Natural Gas contract open at $3.175, $0.094 below Thursday’s closing price of $3.269. Knocked down overnight by updated forecasts containing weak short-term demand, […]
Recap: The oil market extended its previous losses and ended the session down 4.24% after U.S. President Donald Trump said the U.S. was weighing a large increase in tariffs imposed […]
Thursday, October 9th saw the front-month NYMEX Natural Gas contract open at $3.365, $0.032 above Wednesday’s closing price of $3.333. Achieving the intraday high of $3.393 by 9:15AM, prices fell […]
Recap: The crude market ended the session lower after Israel and the Palestinian militant group Hamas signed a ceasefire agreement. The market was pressured in overnight trading following the announcement […]
Recap: The oil market on Wednesday traded higher as it remained supported by the smaller than expected OPEC+ output increase for next month announced over the weekend as well as […]