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Recap: The oil market rallied higher, trading above the $90 level for the first time since June 11th after Yemen’s Houthis said they attacked two Saudi oil tankers in the […]
Thursday, July 23rd saw the front-month NYMEX Natural Gas contract open at $2.967, $0.042 above Wednesday’s closing price of $2.925. Recording the intraday high of $2.977 within minutes of the […]
Recap: The oil market continued on its upward trend on Wednesday amid increasing concerns over disruptions to Middle East supply routes due to the escalating attacks between the U.S. and […]
Wednesday, July 22nd saw the front-month NYMEX Natural Gas contract open at $2.909, $0.044 above Tuesday’s closing price of $2.865. Recording the intraday low of $2.895 by 9:15AM, prices rose […]
Recap: The oil market continued to trend higher on Tuesday in light of the continuing attacks exchanged by the U.S. and Iran and threats of a naval blockade on Saudi […]
Tuesday, July 21st saw the front-month NYMEX Natural Gas contract open at $2.861, $0.001 above Monday’s closing price of $2.860. With market fundamentals largely unchanged, the contract traded within a […]
Recap: The oil market traded higher on Monday amid the escalating tensions in the Middle East. The market weighed hopes of renewed U.S.-Iran negotiations against the news that Yemen’s Houthis […]
Monday, July 20th saw the front-month NYMEX Natural Gas contract open at $2.885, $0.026 below Friday’s closing price of $2.911. Peaking at the intraday high of $2.893 by 9:25AM, bearish […]
Recap: The crude market broke out of its recent sideways trading range and rallied higher on Friday amid the escalating attacks across the Gulf, with shipping threatened by a potential […]
Friday, July 17th saw the front-month NYMEX Natural Gas contract open at $2.879, $0.021 above Thursday’s closing price of $2.858. Climbing to trade along $2.900 by 9:15AM, buyers stepped in […]