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Thursday, June 16th saw the July NYMEX Natural Gas Futures Contract open at $7.783, thirty-six cents above Wednesday’s closing price of $7.420. Climbing to the $7.875 level within the day’s […]
Recap: The oil market on Thursday morning continued to trend lower falling to a two-week low on concerns over inflation. The market traded lower overnight after the Federal Reserve raised […]
Wednesday, June 15th saw the July NYMEX Natural Gas Futures Contract open at $7.512, thirty-two cents above Tuesday’s closing price of $7.189. Rising steadily to an intraday high of $7.698 […]
Recap: The oil market continued to drift lower on Wednesday morning on concerns over fuel demand and global economic growth ahead of a large increase in interest rates by the […]
Tuesday, June 14th saw the July NYMEX Natural Gas Futures Contract open at $8.609, even to Monday’s closing price. Marking the intraday high of $8.631 within minutes of the open, […]
Recap: Oil prices jumped after OPEC revealed that its production for the month of May decreased. Fear spread throughout the marketplace that OPEC’s spare capacity had been overstated, with Saudi […]
Monday, June 13th saw the July NYMEX Natural Gas Futures Contract open at $8.782, seven cents below Friday’s closing price of $8.850. Recording an intraday high of $8.924 ahead of […]
Recap: Trading in oil futures was volatile, with prices opening the session trading to the downside, only to finish the session close to unchanged. Investors are navigating a host of […]
Friday, June 10th saw the July NYMEX Natural Gas Futures Contract open at $8.815, fifteen cents below Thursday’s closing price of $8.963. Trending lower through the morning hours until finding […]
Recap: Oil futures edged lower on Friday, pressured by fresh COVID lockdowns in Shanghai and Beijing, while hefty fuel demand in the U.S. kept a floor under prices. Oil prices […]