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Recap: Oil prices slipped as much as 3% as the International Energy Agency forecasted a surplus in supplies and as demand worries overshadowed concern over disruptions to Libya’s crude output. Adding […]
Tuesday, January 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.949, five cents below Friday’s closing price of $2.003. Gapping lower over the weekend and trading along […]
Recap: Crude oil prices finished lower on Tuesday as investor worries about rising global supplies and a potential slowdown in global economic growth overshadowed a supply disruption in the Middle East […]
Fundamental News: OPEC’s Secretary General, Mohammad Barkindo, said the next meeting between representatives of the OPEC+ group of oil producers will take place in March. He said none of the participants […]
Friday, January 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.037, four cents below Thursday’s closing price of $2.077. Tumbling lower overnight as weather forecasts are now […]
Recap: Oil futures ended with a modest gain on Friday, but registered a loss for a second week in a row as traders continued to weigh the prospects for energy demand […]
Thursday, January 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.126, just above Wednesday’s closing price of $2.120. Adding a penny to reach $2.135 ahead of the […]
Recap: Oil prices bounced back on Thursday, after settling at their lowest level since December. Prices gathered strength after the U.S. and China signed the first phase of their trade deal […]
Wednesday, January 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.118, seven cents below Tuesday’s closing price of $2.187. Falling to an intraday low of $2.104 shortly […]
Recap: Oil prices fell to their lowest level in 6 weeks after the EIA reported hefty builds in U.S. gasoline and distillate inventories, though crude oil inventories unexpectedly decreased. February WTI […]