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Recap: Oil futures pulled back from a nine month high on Monday, as the number of coronavirus cases continue to surge and as tensions between China and the U.S. intensifies. […]
Friday, December 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.511, slightly above Thursday’s closing price $2.507. Touching down to an intraday low of $2.501 minutes after […]
Recap: Not only did all three major petroleum futures contracts on NYMEX finish the trading session higher Friday, they also posted their fifth consecutive weekly gain. Despite the current surging […]
Thursday, December 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.611, seventeen cents below Wednesday’s closing price $2.780. Attaining an intraday high of $2.617 within minutes of […]
Recap: Oil futures continued to trend higher on Thursday despite OPEC+ agreeing to gradually increase crude production starting in January. This contradicts earlier expectations for an extension of current output […]
Wednesday, December 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.929, five cents above Tuesday’s closing price of $2.880. Peaking at an intraday high of $2.934 soon […]
Recap: Oil futures, which received an early boost in overnight trading on reports the UK had approved the use of a vaccine for COVID-19, rallied after the EIA reported a […]
Tuesday, December 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.921, four cents above Monday’s closing price of $2.882. Recording the intraday high of $2.922 within minutes […]
Recap: Oil futures fell on Tuesday after OPEC+ decided to postpone the second day of its meeting to December 3. According to recent reports, Saudi Arabia continues to push for […]
Recap: Oil futures made an attempt to trade to the downside, but reversed course after OPEC members reached a consensus on the need to extend production cuts for the first […]