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Monday, May 17th saw the front-month NYMEX Natural Gas Futures Contract open at $3.074, eleven cents above Friday’s closing price of $2.961. Climbing from the intraday low as markets opened, […]
Recap: Oil futures rose more than 1% on Monday, with WTI climbing to its highest level in two years. Prices were lifted by European economic reopenings and rising U.S. demand […]
Friday, May 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.982, two cents below Wednesday’s closing price of $2.973. Marking an intraday high of $2.996 soon after […]
Recap: Oil futures rose on Friday, posting weekly gains, as the Colonial Pipeline reopened after being shut down for days in response to a ransomware attack. It is estimated that the […]
Thursday, May 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.949, two cents below Wednesday’s closing price of $2.969. Marking an intraday low of $2.937 within minutes […]
Recap: Oil prices fell from their highest level in eight-weeks as the coronavirus continued to spread across India and after the Colonial Pipeline resumed operations approximately 50% of its 5,500 mile […]
Wednesday, May 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.961, slightly above Tuesday’s closing price of $2.955. Trading along the $2.955 level until tallying an intraday […]
Recap: Despite the release of the weekly oil report this morning traders remained basically focused on one thing, the status and expected restart of the Colonial Pipeline. While product prices crept […]
Tuesday, May 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.897, nearly four cents below Monday’s closing price of $2.932. Falling to an intraday low of $2.881 […]
Recap: Oil futures pressed higher on Tuesday as the Colonial Pipeline resumed operations after shutting down following a cyberattack and OPEC left its 2021 demand forecast unchanged in its monthly Oil […]