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Recap: The oil market on Friday sold off more than 3% on renewed hopes of a ceasefire in Gaza. The market was also pressured by a strong dollar and concerns […]
Friday, July 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.076, five cents below Thursday’s closing price of $2.125. Recording the intraday high of $2.064 within minutes […]
Recap: The oil market continued to trade within its recent trading range as it weighed the supportive API and EIA reports showing larger than expected draws in crude stocks against […]
Thursday, July 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.077, four cents above Wednesday’s closing price of $2.035. Continuing its pre-opening ascent to trade near $2.095 […]
Recap: The oil market rallied higher on Wednesday in light of the larger than expected fall in U.S. crude oil stocks and a weaker U.S. dollar offsetting any pressure from […]
Wednesday, July 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.174, a penny below Tuesday’s closing price of $2.188. Recording the intraday high as markets opened, prices […]
Recap: The oil market continued to trend lower for the third consecutive session as market sentiment was weighed by concerns over a slowing Chinese economy cutting oil demand. The market […]
Tuesday, July 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.195, four cents above Monday’s closing price of $2.158. Clawing back some of the losses from the […]
Recap: The oil market traded mostly sideways as the market weighed concern over demand in China against supportive U.S. economic data reported last week and the continuing geopolitical tensions in […]
Monday, July 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.223, eleven cents below Friday’s closing price of $2.329. Knocked down following Friday’s rally, rising production rates […]