Thursday, December 23rd – saw the front-month NYMEX Natural Gas Futures Contract open at $3.792 eighteen cents below Wednesday’s closing price of $3.976. Continuing the pre-session decline, prices slipped to […]
Recap: Oil futures extended their gains in a lightly traded market on Thursday on signs that the worst effects of the Omicron variant might me more containable than previously feared, […]
Wednesday, December 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $4.025, nearly sixteen cents above Tuesday’s closing price of $3.869. Picking up ground overnight as updated forecasts […]
Recap: Oil futures extended their gains on Wednesday after the EIA reported a 4.7 million barrel draw in U.S. crude oil inventories and as traders shook off worries about the […]
Tuesday, December 21st saw the front-month NYMEX Natural Gas Futures Contract open at $3.858, two cents above Monday’s closing price of $3.834. Marking the intraday low of $3.818 out of […]
Recap: Oil futures settled higher on Tuesday, following two straight days of losses ignited by fears the spread of the Omicron variant of COVID-19 would slice into demand as new […]
Monday, December 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.833, fourteen cents above Friday’s closing price of $3.690. Peaking momentarily above $3.920 near 9:20AM, prices hovered […]
Recap: Trading in oil futures was volatile on Monday, with prices falling almost 7% during the trading session, hitting their lowest level in three weeks. Surging cases of the Omicron variant […]
Friday, December 17th saw the front-month NYMEX Natural Gas Futures Contract open at $3.704, six cents below Thursday’s closing price of $3.766. Falling to the intraday low of $3.674 by […]
Recap: While demand has been recovering from pandemic lows, the threat of new lockdown measures and travel restrictions due to the omicron variant is hanging over oil markets as supply […]