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Recap: Oil prices rose for the third straight session on Monday as tensions between the U.S. and Iran overshadowed earlier concern over waning demand. August WTI was trading at $56.75 a […]
Recap: The big news on Friday was the fire at Philadelphia Energy Solution’s refinery that was ignited by a series of explosions shortly after 3 a.m. The refinery processes 335,000 barrels […]
Friday, June 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.199, nearly even to Thursday’s closing price of $2.185. With an absence of any updates to short-term […]
Recap: Oil prices jumped as much as 6% on Thursday after Iran shot down a U.S. military drone near the Strait of Hormuz, raising fears of a military confrontation between the […]
Thursday, June 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.275, nearly even to Wednesday’s closing price of $2.276. Ascending to the $2.30 level by 10:00AM as […]
Recap: Oil prices shot to the upside after the EIA reported a larger than expected drawdown in U.S. crude oil stocks, the first in three weeks. August WTI, which was trading […]
Recap: Oil prices posted sharp gains on Tuesday after U.S. President Donald Trump announced he would hold an extensive meeting with Chinese President Xi Jinping at the G20 summit to […]
Tuesday, June 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.392, slightly above Monday’s closing price of $2.386. Falling from the intraday high as markets opened, the […]
Recap: Oil prices slid on Monday after poor Chinese economic data heightened fears of lower worldwide demand and as traders mulled over last week’s decision by the IEA to lower its […]
Monday, June 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.376, a penny below Friday’s closing price of $2.387. Managing an upward trajectory into the morning hours, […]