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Recap: The oil market on Wednesday posted an inside trading day after failing to breach its previous trading range. The market posted a low of $85.88 in overnight trading, holding […]
Tuesday, August 16th saw the September NYMEX Natural Gas Futures Contract open at $9.266, fifty-four cents above Monday’s closing price $8.728. Trading within a forty-cent range throughout the day as […]
Recap: The crude market looked ready to post an inside trading day on Tuesday as it traded within Monday’s trading range early in the session before it sold off later […]
Monday, August 15th saw the September NYMEX Natural Gas Futures Contract open at $8.520, twenty-five cents below Friday’s closing price $8.768. Losing ground over the weekend due to updated forecasts, […]
Recap: On Monday, the oil market extended its previous losses seen on Friday as traders weighed concerns about China’s demand and the prospect for more Iranian supply. The market, which […]
Friday, August 12th saw the September NYMEX Natural Gas Futures Contract open at $8.718, sixteen cents below Thursday’s closing price $8.874. Marking the intraday low of $8.657 out of the […]
Recap: The oil market on Friday pulled back following Thursday’s sharp rally on expectations that the supply disruption in the U.S. Gulf of Mexico would be short-term. While the market […]
Thursday, August 11th saw the September NYMEX Natural Gas Futures Contract open at $8.407, twenty cents above Wednesday’s closing price $8.202. Trading within a 10-cent window of $8.400 in the […]
Recap: The crude oil market on Thursday rallied higher after the IEA increased its oil demand growth forecast for the year. The IEA raised its outlook for demand this year […]
Wednesday, August 10th saw the September NYMEX Natural Gas Futures Contract open at $7.790, four cents below Tuesday’s closing price $7.833. Falling to the intraday low of $7.725 by 9:15AM […]