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Tuesday, November 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $5.424, twenty-four cents above Monday’s closing price of $5.186. Recording the intraday low of $5.352 within minutes […]
Recap: Oil futures settled lower on Tuesday as traders weighed the potential outcome of a meeting between OPEC and its allies later this week and on expectations that U.S. crude oil […]
Monday, November 1st saw the front-month NYMEX Natural Gas Futures Contract open at $5.331, nearly ten cents below Friday’s closing price of $5.426. Jumping to an intraday high of $5.441 […]
Recap: Both WTI and Brent traded higher on Monday on expectations of strong demand and a belief that OPEC and its allies will not release more oil than the global economy […]
Friday, October 29th saw the front-month NYMEX Natural Gas Futures Contract open at $5.615, seventeen cents below Thursday’s closing price of $5.782. Attaining an intraday high of $5.626 by 9:20AM, […]
Recap: Oil futures reversed early losses on Friday, garnering support on expectations that the Organization of the Petroleum Exporting Countries, Russia and their allies, known as OPEC+, would maintain production […]
Thursday, October 28th saw the front-month NYMEX Natural Gas Futures Contract open at $5.910, twenty-nine cents below Wednesday’s closing price of $6.198. Losing ground before the opening bell, demand concerns […]
Recap: Oil futures rebounded after selling off early in the session on Thursday, as it appears to be trying to recover and resume its upside move. In WTI, the $80 area […]
Wednesday, October 27th –settlement day for the November contract–saw the front-month NYMEX Natural Gas Futures Contract open at $6.055, seventeen cents above Tuesday’s closing price of $5.882. Falling to an […]
Recap: Oil futures came under pressure on Wednesday following the release of the EIA report, which showed a 4.3 million barrel increase in U.S. crude oil inventories. Analysts were expecting a […]