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Recap: Oil futures gained on Wednesday after the EIA reported the third consecutive weekly decline in U.S. crude oil inventories. However, prices suffered their first monthly decline since April amidst […]
Tuesday, September 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.664, thirteen cents below Monday’s closing price of $2.795. Marking the intraday high as markets opened, the […]
Recap: Oil futures fell sharply on Tuesday, to their lowest level in two weeks, as investors worried about the rising number of COVID-19 cases throughout the globe, which will surely […]
Monday, September 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.076, six cents below Friday’s closing price of $2.139. Trading within a 15-cent range throughout the day, […]
Recap: Oil futures rose on Monday on hopes that the U.S. will roll out another stimulus package and on a possible oil worker’s strike in Norway. Gains, however, were limited as […]
Recap: Oil futures traded mostly lower on Friday, posting a weekly loss, as demand woes tied to the coronavirus pandemic kept a lid on prices, while signs of tighter supplies […]
Thursday, September 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.261, fourteen cents above Wednesday’s closing price of $2.125. Experiencing considerable volatility throughout the morning hours, prices […]
Recap:Oil futures rose for the third straight session, supported by the bullish inventory report released on Wednesday. However gains were limited, as a new wave of coronavirus cases in Europe […]
Wednesday, September 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.018, eighteen cents above Tuesday’s closing price of $1.834. Touching down to an intraday low of $1.973 […]
Recap: The oil markets overnight and this morning were supported by bullish inventory reports first released by API and then by the EIA. But as it appeared the bullish move was […]