Recap: Oil futures fell on Friday, as the rise in the number of COVID-19 cases across the globe continues to weigh on demand. OPEC and its ally producers including Russia, […]
Thursday, October 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.795, sixteen cents above Wednesday’s closing price $2.636. Buoyed overnight by traders squaring their positions ahead of […]
Recap: Oil prices ended slightly lower on Thursday, as rising cases of the coronavirus prompted fresh lockdowns in Europe, raising concern that additional shutdowns will follow, thereby decreasing demand. The […]
Wednesday, October 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.650, twenty cents below Tuesday’s closing price of $2.855. Following Monday’s hurricane-induced jump to $2.900, prices returned […]
Recap: Oil prices traded higher on Wednesday encouraged by OPEC+’s commitment to output cuts, as equities strengthened and the U.S. dollar fell. Adding to Wednesday’s support was the latest IEA […]
Tuesday, October 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.798, nearly eight cents below Monday’s closing price of $2.881. Falling to an intraday low of $2.779 […]
Recap: Oil prices ended higher on Tuesday, as data from China showed a jump in Chinese crude imports. WTI recaptured the $40 level after data showed that Chinese crude oil […]
Recap: Oil prices slipped to their lowest level in a week on Monday, as production in Norway, Libya and the Gulf of Mexico began to recover. WTI traded back below […]
Friday, October 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.744, twelve cents above Thursday’s closing price of $2.627. Ascending to an intraday high of $2.821 by […]
Recap: The oil markets were on a bit of a rollercoaster today. While the movement of Hurricane Delta across the Gulf of Mexico as a Category 2 or 3 hurricane […]