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Tuesday, December 20th saw the January NYMEX Natural Gas Futures Contract open at $5.416, nearly forty-four cents below Monday’s closing price of $5.851. Losing ground overnight as traders focused on […]
Recap: The most-active US benchmark crude-oil contract for February delivery finishes 1.1% higher at $76.23 a barrel, helped by a weaker dollar that made overseas purchases of dollar-denominated crude more attractive […]
Monday, December 19th saw the January NYMEX Natural Gas Futures Contract open at $6.111, forty-nine cents below Friday’s closing price of $6.600. Recording the intraday high of $6.136 within minutes […]
Recap: Oil prices rose on Monday, as optimism around China relaxing its COVID-19 restrictions outweighed fears of a global recession that would weigh on energy demand. Spreading Covid-19 in China […]
Friday, December 16th saw the January NYMEX Natural Gas Futures Contract open at $6.484, forty-nine cents below Thursday’s closing price of $6.970. Recording the intraday low of $6.410 by 9:15AM, […]
Recap: Oil futures fell over 3% in overnight trading on Friday, erasing gains made earlier in the week. Prices were pressured after rate increases by major central banks and their accompanying […]
Thursday, December 15th saw the January NYMEX Natural Gas Futures Contract open at $6.464, three cents above Wednesday’s closing price of $6.430. Recording the intraday low of $6.454 soon after […]
Recap: Oil futures fell on Thursday, as concern about the outlook for fuel demand increased, and as the U.S. dollar strengthened amid further interest rate hikes by global central banks, […]
Wednesday, December 14th saw the January NYMEX Natural Gas Futures Contract open at $6.639, thirty cents below Tuesday’s closing price of $6.935. Marking the intraday high of $6.708 within minutes […]
Recap : Despite a whopping 10.2 million barrel increase in U.S. crude oil inventories, oil futures rose to their highest level in just over a week, supported by the International […]