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July NYMEX Natural Gas Futures Contract Closed at $2.906 on Monday, June 10th

Par Emily Beckett | juin 11, 2024 | 0 commentaire

Monday, June 10th saw the front-month NYMEX Natural Gas Futures Contract open at $3.055, nearly fourteen cents above Friday’s closing price of $2.918. Trading above the $3.00 mark for the […]

Strong U.S. Jobs Data Lowered Expectations of the U.S. Federal Reserve Cutting Interest Rates Soon

Par Emily Beckett | juin 10, 2024 | 0 commentaire

Recap:  The crude market on Friday ended lower and posted a third consecutive weekly loss of 1.9% after strong U.S. jobs data lowered expectations of the U.S. Federal Reserve cutting […]

July NYMEX Natural Gas Futures Contract Closed at $2.918 on Friday, June 7th

Par Emily Beckett | juin 10, 2024 | 0 commentaire

Friday, June 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.844, two cents above Thursday’s closing price of $2.821. Dipping to the intraday low of $2.791 by […]

The Market Broke its Five-Day Selling Spree on Wednesday on Renewed Hopes That the Federal Reserve Would Cut Interest Rates in September

Par Emily Beckett | juin 7, 2024 | 0 commentaire

Recap:  The oil market continued to trend higher on Thursday after the market broke its five-day selling spree on Wednesday on renewed hopes that the Federal Reserve would cut interest […]

July NYMEX Natural Gas Futures Contract Closed at $2.821 on Thursday, June 6th

Par Emily Beckett | juin 7, 2024 | 0 commentaire

Thursday, June 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.850, nine cents above Wednesday’s closing price of $2.757. Recording an intraday high of $2.877 at 9:35AM […]

Expectations of the Federal Reserve Cutting Interest Rates in September Outweighed the Bearish Oil Inventory Reports

Par Emily Beckett | juin 6, 2024 | 0 commentaire

Recap:  The crude market on Wednesday traded off its four-month low posted on Tuesday as expectations of the Federal Reserve cutting interest rates in September outweighed the bearish oil inventory […]

July NYMEX Natural Gas Futures Contract Closed at $2.757 on Wednesday, June 5th

Par Emily Beckett | juin 6, 2024 | 0 commentaire

Wednesday, June 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.670, eight cents above Tuesday’s closing price of $2.586. Recovering from Tuesday’s selloff, which traders are attributing […]

The Crude Market Rallied Higher Following Two Consecutive Days of Losses as the Market Positioned Itself Ahead of the Long Easter Holiday Weekend

Par spragueoperati | avril 1, 2024 | 0 commentaire

Recap:  On Thursday, the crude market rallied higher following two consecutive days of losses as the market positioned itself ahead of the long Easter holiday weekend. It remained supported by […]

May NYMEX Natural Gas Futures Contract Closed at $1.763 on Thursday, March 28th

Par spragueoperati | mars 29, 2024 | 0 commentaire

Thursday, March 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.738, two cents above Wednesday’s closing price of $1.718. Trading within a tight band near $1.745 leading […]

May NYMEX Natural Gas Futures Contract Closed at $1.718 on Wednesday, March 27th

Par spragueoperati | mars 28, 2024 | 0 commentaire

Wednesday, March 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.747, four cents below Tuesday’s closing price of $1.788. Recording the intraday high as markets opened, prices […]