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Recap: Oil futures fell on Friday pressured by the prospect of weaker global growth, higher interest rates and COVID lockdowns in China hurting demand even as the European Union considers […]
Thursday, April 21st saw the May NYMEX Natural Gas Futures Contract open at $6.966, three cents above Wednesday’s closing price of $6.937. Following the expected withdrawal over the past few […]
Recap: US benchmark oil prices finish higher for the sixth time in the past seven sessions, ending up 1.6% at $103.79 a barrel. Brent Crude for June delivery gained $1.53 […]
Wednesday, April 20th saw the May NYMEX Natural Gas Futures Contract open at an intraday high of $7.324, about 15 cents above Tuesday’s closing price of $7.176. Prices fell steadily […]
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Recap: Wednesday’s concerns over tighter supplies due to sanctions against Russia and the whopping 8 million barrel drop in U.S. crude oil inventories overshadowed Tuesday’s worries about energy demand after […]
Tuesday, April 19th saw the May NYMEX Natural Gas Futures Contract open at $7.378, forty-four cents below Monday’s closing price of $7.820. Prices would quickly rise to the intraday high […]
Recap: Oil futures sold off on Tuesday, with front month contracts falling 5%, after the IMF reduced its economic growth forecast and warned of higher inflation, and as the U.S. […]
Monday, April 18th saw the May NYMEX Natural Gas Futures Contract open at of $7.594, thirty cents above Thursday’s closing price of $7.300. Markets were closed Friday 4/15 in observance […]
Recap: At the onset of Monday’s trading session, oil futures were trading close to unchanged, but quickly turned higher as concerns grew about tighter global supplies, with the crisis in […]