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Wednesday, June 9th saw the front-month NYMEX Natural Gas Futures Contract open at $3.150, two cents above Tuesday’s closing price of $3.128. Marking an intraday high of $3.168 at 9:30AM, […]
Recap: Early gains in oil futures were erased on Wednesday after the EIA reported a 7 million barrel build in U.S. gasoline inventories and an increase of 4.4 million barrels in […]
Tuesday, June 8th saw the front-month NYMEX Natural Gas Futures Contract open at $3.161, nine cents above Monday’s closing price of $3.070. Posting gains early on to reach an intraday […]
Recap: Oil futures reversed early losses on Tuesday after the EIA, in its monthly report, lifted its forecast for WTI and Brent prices for this year and as traders remain optimistic […]
Monday, June 7th saw the front-month NYMEX Natural Gas Futures Contract open at $3.054, four cents below Friday’s closing price of $3.097. Falling to an intraday low of $3.033 at […]
Recap: Oil futures pulled back from two-year highs on Monday, pressured by the prospect of higher Iranian exports and lower Chinese demand. However, increased demand expectations for both Europe and the […]
Friday, June 4th saw the front-month NYMEX Natural Gas Futures Contract open at $3.050, a penny above Thursday’s closing price of $3.041. Slipping to an intraday low of $3.024 by […]
Recap: Oil futures extended gains on Friday, as optimistic expectations for crude demand help set prices up for a weekly gain of around 5%. OPEC+ supply discipline and recovering demand countered […]
Recap: Commodities prices dropped across the board on Thursday, as investors considered the impact the recent U.S. jobs report would have on the Fed’s policy and inflation. Businesses added 978,000 […]
Thursday, June 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.062, a penny below Wednesday’s closing price of $3.075. Slipping to an intraday low of $3.032 shortly […]