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Friday, February 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.918, five cents above Thursday’s closing price of $2.868. Trending lower until finding the intraday low of […]
Recap: Oil futures have rallied significantly during the week, coming within 25 cents of key psychological resistance of $60. WTI hit its highest intraday level in more than a year as […]
Thursday, February 11th saw the front-month NYMEX Natural Gas Futures Contract open at $3.024, eleven cents above Wednesday’s closing price of $2.911. Reaching up to an intraday high of 3.045 […]
Recap: Oil futures turned lower on Thursday, snapping an eight-day rally for WTI, as the IEA issued a glimmer outlook for demand. The IEA noted that oil markets remain “fragile” and […]
Wednesday, February 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.851, nearly two cents above Tuesday’s closing price of $2.835. Falling to an intraday low of $2.838 […]
Recap: After falling earlier in the session, oil futures rebounded, showing signs of strength, after the EIA reported an unexpected 6.6 million barrel drop in U.S. crude oil inventories. The […]
Tuesday, February 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.812, seven cents below Monday’s closing price of $2.882. Falling to an intraday low of $2.789 soon […]
Recap: Oil futures rose to fresh 13 month highs on Tuesday, erasing early losses, as signs of growing demand amid output cuts, increased optimism over a recovery in demand. A weaker […]
Monday, February 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.916, nearly five cents above Friday’s closing price of $2.863. Recording an intraday high of $2.930 within […]
Recap: Pandemic related optimism, along with expectations for the passage of the latest U.S. economic stimulus package, pushed oil futures to their highest level in over a year on Monday. […]