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Friday, April 17th saw the front-month NYMEX Natural Gas Futures Contract open at $1.749, six cents above Thursday’s closing price of $1.686. Continuing the previous session’s momentum, prices surged to […]
Recap: Oil futures were mixed on Friday, with Brent holding onto modest gains and WTI falling to its lowest level in 18 years, in part due to the expiration of the […]
Thursday, April 16th saw the front-month NYMEX Natural Gas Futures Contract open at $1.594, just below Wednesday’s closing price of $1.598. Shedding a few cents out of the gate, prices […]
Recap: After trading higher early in the session, oil futures turned lower after OPEC cut its 2020 demand forecast by 6.9 million barrels per day. That reflects a contraction in demand […]
Wednesday, April 15th saw the front-month NYMEX Natural Gas Futures Contract open at $1.648, just below Tuesday’s closing price of $1.650. Ascending to an intraday high of $1.666 within minutes […]
Recap: Trading in the oil markets was erratic on Wednesday after the EIA reported a 19 million barrel increase in U.S. crude oil inventories, the largest weekly build ever, while demand […]
Tuesday, April 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.694, three cents below Monday’s closing price of $1.724. Following news of mild temperatures returning for much […]
Recap: Oil prices took a nosedive on Tuesday, ending close to a two-week low, pressured by a global supply glut as the coronavirus continues to hamper demand. Price pressure from that […]
Monday, April 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.805, seven cents above Thursday’s closing price of $1.733. Following a long weekend, as markets were closed […]
Recap: Oil prices seesawed on Monday morning, as an underwhelming OPEC production deal over the weekend was overshadowed by two tweets from President Donald Trump saying that production cuts would be […]