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Friday, February 5th saw the front-month NYMEX Natural Gas Futures Contract open at $3.030, nearly ten cents above Thursday’s closing price of $2.935. Reaching an intraday high of $3.053 as […]
Recap: Oil futures had a stellar week, with prices up nearly 9%, gaining support as demand slightly improved and as OPEC and its allies stuck to their agreed upon output […]
Thursday, February 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.835, a penny below Wednesday’s closing price of $2.789. Trading along $2.805 through 10:30AM, prices initially fell […]
Recap: Oil futures closed higher for the fourth straight session on strong U.S. economic data, falling inventories and the OPEC+ decision to adhere to output cuts however, gains were limited by […]
Wednesday, February 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.835, a penny below Tuesday’s closing price of $2.845. Reaching an intraday high of $2.852 within minutes […]
Recap: Oil prices jumped on Wednesday, finishing the session at their highest level in a year, gaining support from the modest build in U.S. crude oil inventories and expectations that […]
Tuesday, February 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.987, fourteen cents above Monday’s closing price of $2.850. Touching a near three month intraday high of […]
Recap: Oil futures rose to their highest level in over a year on Tuesday, propelled higher by expectations that efforts to cut output by OPEC and other major producers will aid […]
Monday, February 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.771, twenty-one cents above Friday’s closing price of $2.564. Supported by heavy storms hitting the northeast and […]
Recap: Oil futures traded higher on Monday amid strong commitments by Saudi Arabia in cutting back on oil production and reports that President Biden put a pause on new oil […]