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Recap: Oil futures bounced off of session lows after news broke that oil supply in Hungary via the Druzhba oil pipeline has been temporarily suspended due to a fall in […]
Monday, November 14th saw the December NYMEX Natural Gas Futures Contract open at $6.277, seventeen cents above Thursday’s closing price of $6.239. Markets were closed on Friday in observance of […]
Recap: WTI oil prices dropped 3.7% to a session-low $85.65 a barrel, while Brent dropped 3.4% to session low of $92.73. Monday's decline was driven largely by a stronger dollar […]
Recap: After posting daily declines for most of the week, oil prices spiked on Friday on news that China had eased some of its COVID restrictions. Despite the early session […]
Thursday, November 10th saw the December NYMEX Natural Gas Futures Contract open at $6.033, seventeen cents above Wednesday’s closing price of $5.865. Marking the intraday low of $5.945 ahead of […]
Recap: Oil futures erased early gains on Thursday, moving higher after the U.S. Bureau of Labor Statistics released data for October showing that inflation in the U.S. last month was […]
Wednesday, November 9th saw the December NYMEX Natural Gas Futures Contract open at $5.830, thirty-one cents below Tuesday’s closing price of $6.138. Prices trended lower until finding the intraday high […]
Recap: Oil futures fell for the third straight day on Wednesday after a weekly EIA report showed a large increase in commercial crude oil inventories that was mostly due to […]
Tuesday, November 8th saw the December NYMEX Natural Gas Futures Contract open at $6.450, forty-nine cents below Monday’s closing price of $6.944. Recording the intraday high of $6.466 within minutes […]
Recap: Crude oil prices fell on Tuesday on growing concerns about demand for fuel as COVID-19 outbreaks worsened in China, and as the U.S. await the outcome of its Midterm […]