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Monday, January 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.484, twenty-three cents below Friday’s closing price of $2.712. In a light day of trading for the […]
Recap: The oil market gapped higher on the opening on Sunday evening from $78.26 to $78.90 after three U.S. service members were killed and about 40 were wounded in a […]
Friday, January 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.537, three cents below Thursday’s closing price of $2.571. In a volatile day of trading, following a […]
Recap: The oil market on Friday retraced some of its earlier losses in afternoon trading and settled higher for a second consecutive week. Positive U.S. economic growth and economic stimulus […]
Thursday, January 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.754, eleven cents above Wednesday’s closing price of $2.641. With prices threatening the $2.900 level near 7:30AM, […]
Recap: The oil market continued to trend higher on Thursday as the market remained well supported following the EIA report on Wednesday showing a larger than expected draw in crude […]
Wednesday, January 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.595, fifteen cents above Tuesday’s closing price of $2.450. Per NatGasWeather.com, “the coming 15-day US weather pattern […]
Recap: The oil market traded higher on Wednesday following a larger than expected draw in crude stocks and fall in U.S. crude output. The geopolitical tensions in the Middle East […]
Tuesday, January 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.336, eight cents below Monday’s closing price of $2.419. Similar to the prior session, bearish forecasts to […]
Recap: The crude market posted an inside trading day as it failed to breach its previous trading range. The market posted the day’s trading range by mid-day as it bounced off […]