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Recap: After opening at unchanged, oil futures bounced after European Union leaders agreed to a phased ban on Russian oil and as China ended its COVID-19 lockdown in Shanghai, which […]
Tuesday, May 31st saw the July NYMEX Natural Gas Futures Contract open at $8.492, nearly twenty-four cents below Friday’s closing price of $8.727. Ascending to an intraday high of $8.581 […]
Recap: On Tuesday, the oil market extended its rally after the European Union agreed to a partial and phased ban on Russian oil and China decided to lift some COVID-19 […]
Friday, May 27th – saw the July contract assume the front-month NYMEX Natural Gas Futures Contract position. Opening at $8.481, forty-one cents below Thursday’s closing price of $8.895, prices slipped […]
Recap: Oil futures trading in New York City and London continued to climb on Friday following a week of strong price action, with the Brent crude international benchmark briefly touching its […]
Thursday, May 26th – settlement day for the June contract – saw the front-month NYMEX Natural Gas Futures Contract settle at $8.908, six cents below Wednesday’s closing price of $8.971. […]
Recap: Oil prices that have been stuck in neutral for most of the week jumped higher on Thursday, alongside a jump in US equities. WTI crude was recently trading 3.3% higher […]
Wednesday, May 25th saw the June NYMEX Natural Gas Futures Contract open at $9.230, forty-three cents above Tuesday’s closing price of $8.796. With continued support from weak production numbers and […]
Recap: Oil futures bounced after the Energy Information Administration released its report showing a drop in both U.S. crude oil and gasoline inventories last week. Crude oil stocks were down 1 […]
Tuesday, May 24th saw the June NYMEX Natural Gas Futures Contract open at $8.730, just below Monday’s closing price of $8.744. Dipping to an intraday low of $8.616 early on, […]