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Recap: Oil prices extended earlier gains, after a mostly bullish EIA report that showed across-the-board US inventory declines in the three main categories–crude, gasoline and distillates.The weekly report also showed a […]
Tuesday, September 27th saw the October NYMEX Natural Gas Futures Contract open at $6.920, two cents above Monday’s closing price of $6.903. Seeking direction as prices fluctuated within a thirteen-cent […]
Recap: Oil futures bounced off of seven month lows after a report shows U.S. consumer confidence is seeing some improvement as gasoline prices decline from their all-time highs in June. […]
Monday, September 26th saw the October NYMEX Natural Gas Futures Contract open at $6.706, twelve cents below Friday’s closing price of $6.828. Slipping to a two-month intraday low of $6.526 […]
Recap: Oil futures posted sharp declines for the second straight sessions, marking their lowest level since January 3. The market has now fallen by 8.1% over the past two trading […]
Friday, September 23rd saw the October NYMEX Natural Gas Futures Contract open at $6.923, seventeen cents below Thursday’s closing price of $7.089. Healthy production and continued comfortable weather conditions directed […]
Recap: WTI fell below $80 a barrel for the first time since January amid continued concerns over energy demand, as recession fears gripped financial markets, sinking equities and government bonds, […]
Thursday, September 22nd saw the October NYMEX Natural Gas Futures Contract open at $7.662, twelve cents below Wednesday’s closing price of $7.779. Achieving the intraday high of $7.728 by 9:15AM, […]
Recap: Oil rose on Thursday in volatile trading focused on Russian oil supply concerns and as the Bank of England hiked interest rates less than some had expected. Russian President Putin’s […]
Wednesday, September 21st saw the October NYMEX Natural Gas Futures Contract open at $7.921, twenty cents above Tuesday’s closing price of $7.717. Marking the intraday high of $7.973 soon after […]