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Recap: Oil futures rose Monday as a pair of tropical storms, which are expected to make landfall within-days of each other, closed in on the Gulf of Mexico, forcing the […]
Friday, August 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.324, a penny below Thursday’s closing price of $2.352. Falling to an intraday low $2.280 by 9:30AM, […]
Recap: Oil futures traded lower on Friday pressured by enduring concern over the coronavirus and its impact on demand, strength in the dollar and weak economic data out of the Eurozone […]
Thursday, August 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.418, a penny below Wednesday’s closing price of $2.426. Finding support near $2.410 throughout the session’s opening […]
Recap: Oil futures pulled back Thursday, on lingering concerns regarding demand and as weekly unemployment claims rose in the U.S. The lower move also follows Wednesday’s release of the Fed’s July […]
Recap: WTI futures were steady on Wednesday, shaking off early losses after gaining support from the EIA report, which showed a decline in U.S. gasoline inventories. Gains were limited however, as […]
Tuesday, August 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.444, ten cents above Monday’s closing price of $2.339. With bullish sentiment continuing to support the overbought […]
Recap: Oil traders squared positions ahead of the API report and Wednesday’s meeting between OPEC and its allies, pushing oil futures lower on Tuesday. However, traders were placing bets that the […]
Monday, August 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.359, just above Friday’s closing price of $2.356. Extending to an intraday high of $2.374 at 9:40AM, […]
Recap: Oil prices reversed early losses, as China planned to boost U.S. imports and as OPEC+ members almost fully complied with production cuts last month. The reports of U.S. imports to […]