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On Wednesday, November 27th – the January NYMEX Natural Gas Futures Contract began trading as the prompt month. Opening at $2.530, just below Tuesday’s closing price of $2.533, the contract […]
Recap: Oil prices turned lower Wednesday after official U.S. inventory data posted a 1.6 million barrel rise in U.S. crude oil stockpiles, which defied analyst predictions for a drawdown. Earlier, oil […]
Tuesday, November 26th – settlement day for the December Contract – saw the front-month NYMEX Natural Gas Futures Contract open at $2.460, seven cents below Monday’s closing price of $2.531. […]
Recap: Oil prices edged higher Tuesday amid hopes that trade talks between China and the U.S. will ultimately result in a deal that sustains global economic growth and energy demand while […]
Monday, November 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.527, fourteen cents below Friday’s closing price of $2.665. Tripping out of the gate to fall to […]
Recap: The oil market traded higher on Monday as positive comments from the US and China renewed hopes in the global markets that the two countries could sign an interim deal […]
Friday, November 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.613, roughly five cents above Thursday’s closing price of $2.567. Climbing from an intraday low of $2.607 […]
Recap: Baker Hughes Co. on Friday reported that the number of active U.S. rigs drilling for oil fell by 3 to 671 this week. That followed declines in each of the last […]
Thursday, November 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.535, two cents below Wednesday’s closing price of $2.559. Ascending to $2.560 by 10:00AM, prices held steady […]
Recap: Oil traded higher Thursday, finding support from a report that the Organization of the Petroleum Exporting Countries and its allies are likely to extend production cuts as well as renewed […]