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Wednesday, February 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.622 six cents below Tuesday’s closing price of $2.684. Reaching the intraday high of $2.637 near 9:30AM, […]
Recap: The oil market posted an outside trading day on Wednesday, trading to its high in overnight trading ahead of the OPEC+ meeting and EIA inventory report before it gave up […]
Tuesday, January 31st saw the front-month NYMEX Natural Gas Futures Contract open at $2.634, four cents below Monday’s closing price of $2.677. Marking the intraday low of $2.614 within minutes […]
Recap: The oil market on Tuesday rebounded from its earlier lows as the U.S. dollar pared early gains and the equities markets opened higher after wage growth data signaled easing […]
Monday, January 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.676, seventeen cents below Friday’s closing price of $2.849. Losing ground over the weekend, updated forecasts reduced […]
Recap: The oil market extended its losses ahead of increases in interest rates by major central banks and signs of strong Russian exports, offset rising tensions in the Middle East […]
Friday, January 27th saw the February NYMEX Natural Gas Futures Contract open at $2.830, twenty-four cents below Wednesday’s closing price of $2.944. February settled higher on Friday at $3.109. The […]
Recap: The oil market on Friday posted an outside trading day, as it reversed its early gains and sold off as traders booked profits ahead of the weekend and the […]
Thursday, January 26th saw the February NYMEX Natural Gas Futures Contract open at $2.830, twenty-four cents below Wednesday’s closing price of $3.067. Testing 18-month lows early on, prices bounced around […]
Recap: The oil market traded higher on Thursday on positive U.S. economic data. The market, which traded mostly sideways in overnight trading, rallied higher following the Commerce Department report showing that […]