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Recap: Oil prices extended gains to scale multi-year peaks on Monday, fueled by the rebound in global demand that has also contributed to power and gas shortages in key economies like […]
Friday, October 8th saw the front-month NYMEX Natural Gas Futures Contract open at $5.685, a penny above Thursday’s closing price of $5.677. Reaching an intraday high of $5.727 soon after […]
Natural gas and electricity price fluctuations in New England are causing concerns as the winter season quickly approaches. The current natural gas storage levels combined with increased demand on New […]
Recap: On Friday, the oil market continued to trend higher and reached the $80 level for the first time since November 2014, lifted by a global energy crunch that has helped […]
Thursday, October 7th saw the front-month NYMEX Natural Gas Futures Contract open at $5.615, six cents below Wednesday’s closing price of $5.675. Tallying an intraday high of $5.741 soon after […]
Recap: After falling by 3% in early morning trading, oil futures resumed their move to the upside Thursday, on reports that the U.S. may not release crude oil reserves in […]
Wednesday, October 6th saw the front-month NYMEX Natural Gas Futures Contract open at $6.054, twenty-six cents below Tuesday’s closing price of $6.312. Marking an intraday of $6.057 soon after the […]
Recap: Crude oil futures shook off early gains on Wednesday, after Russia announced it would increase supplies of natural gas to Europe and after the EIA reported U.S. crude oil inventories […]
Tuesday, October 5th saw the front-month NYMEX Natural Gas Futures Contract open at $6.046, twenty-eight cents above Monday’s closing price of $5.766. Marking the intraday low of $6.000 minutes after […]
Recap: Oil futures rose to fresh seven year highs on Tuesday after closing in overbought territory on Monday. Oil prices were still gaining on the news that OPEC and its […]