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Have you ever noticed that the roads are much more populated in the summer months than in the winter? Economically, with increased demand for fuel to keep families and businesses […]
Recap: The oil markets acted nervously on Tuesday. While the overriding theme in the markets continued to be the economic malaise in China and the potential progress in a ceasefire […]
Tuesday, August 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.225, a penny below Monday’s closing price of $2.235. Pulling back prior to the opening bell, the […]
Recap: While the oil markets were on the defensive at the start of trading Sunday night and into early Monday, based on the economic malaise that continued to be reflected […]
Monday, August 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.168, nearly five cents above Friday’s closing price of $2.123. Ascending from the intraday low as markets […]
Recap: The oil market on Friday sold off following its inside trading day on Thursday and settled 0.25% lower for the week after less than supportive economic indicators from China […]
Friday, August 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.146, five cents below Thursday’s closing price of $2.197. Extending to the intraday high of $2.179 by […]
Thursday, August 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.219, even to Wednesday’s closing price of $2.219. Rallying early on, prices rose to the $2.250 level […]
Recap: The crude oil market posted an inside trading day on Thursday as it retraced some of its losses after U.S. economic data allayed fears of an imminent recession. The […]
Recap: The crude market continued to give up its previous gains after the EIA reported a larger than expected build in crude stocks. The oil market posted a high of […]