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Monday, June 1st saw the front-month NYMEX Natural Gas Futures Contract open at $1.773, eight cents below Friday’s closing price of $1.849. Following the previous session’s short-covering rally, the contract […]
Recap: Oil futures opened to the downside, with traders unloading risk, as tensions between the U.S. and China raised concern over the prospect of demand. July WTI slipped 3.4%, to […]
Friday, May 29th saw the front-month NYMEX Natural Gas Futures Contract open at $1.821, just below Thursday’s closing price of $1.827. Arcing downward to record and intraday low of $1.763 […]
Recap: Oil futures, which gapped lower on the opening, reversed to the upside as investors worried about worsening tensions between the U.S. and China. Both WTI and Brent posted significant monthly […]
Thursday, May 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.877, just below Wednesday’s closing price of $1.881. Marking an intraday high of $1.879 soon after the […]
Recap: Oil futures turned higher on Thursday, posting strong gains, as traders shrugged off the 7.9 million barrel build in U.S. crude oil inventories and instead focused on the 700,000 […]
Wednesday, May 27th saw the front-month NYMEX Natural Gas Futures Contract settle at $1.722, seven cents below Tuesday’s closing price of $1.793. The July contract, set to take the front-month […]
Recap: Oil futures nosedived on Wednesday as tensions between the U.S. and China grow and as some traders began to question Russia’s commitment to increasing production cuts. July WTI tumbled as […]
Tuesday, May 26th saw the front-month NYMEX Natural Gas Futures Contract open at $1.785, five cents above Friday’s closing price of $1.731. Trailing downward to record the intraday low of […]
Recap: Oil futures rose on Tuesday as market participants believed that improving demand and more supply coming off would ease the glut faster than expected. These factors, along with other […]