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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 […]
Monday, May 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.927, three cents below Friday’s closing price of $2.958. Following a brief jump to $2.939 as the […]
Recap: After jumping to their highest level in almost three years, RBOB futures peeled early gains to trade in negative territory, after Colonial Pipeline said Sunday evening that some of […]
Friday, May 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.941, a penny above Thursday’s closing price of $2.928. Trending lower to reach an intraday low of […]
Recap: Oil futures seesawed between gains and losses on Friday, in what was a choppy trading session, following a disappointing U.S. jobs report. Crude’s advance this week comes amid strength […]
Thursday, May 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.937, nearly even to Wednesday’s closing price of $2.938. Trading along either side of $2.940 heading into […]
Recap: Oil futures fell from early gains, as the rising number of COVID-19 cases in India continues to overshadow the huge decrease in U.S. crude oil inventories. Hopes that India's deadly […]