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Recap: After firming in early morning trading, oil prices turned lower on Tuesday, as U.S. offshore production resumed after Hurricane Barry and as tensions between the U.S. and Iran appeared […]
Tuesday July 16th saw the front-month NYMEX Natural Gas Futures Contract open at 2.322, eight cents below Monday’s closing price of $2.408. Now in the wake of Hurricane Barry making […]
Recap: Oil prices turned lower on Monday, as the impact of a tropical storm on U.S. Gulf Coast production and refining appeared to be less than expected and on mixed […]
Monday July 15th saw the front-month NYMEX Natural Gas Futures Contract open at 2.413, four cents below Friday’s closing price of $2.458. Natural Gas prices moved lower Monday, easing some […]
Recap: The oil market traded higher but failed to breach its previous high as concerns over a global surplus in the months ahead limited its gains. The IEA said increasing […]
Friday July 12th saw the front-month NYMEX Natural Gas Futures Contract open at 2.458, four cents above Thursday’s closing price of $2.416. Recovering from Thursday’s storage-induced selloff, as the injection […]
Recap: The oil market continued to trend higher early Thursday ahead of the storm in the Gulf of Mexico, with oil producers evacuating and shutting in production. The crude market […]
Thursday July 11th saw the front-month NYMEX Natural Gas Futures Contract open at 2.459, roughly a penny above Wednesday’s closing price of $2.446. Trading within a penny of $2.470 until […]
Recap: Oil prices rose on Wednesday in light of the weekly stock reports showing larger than expected draws in crude stocks and reports of major US producers evacuating and shutting […]
Wednesday July 10th saw the front-month NYMEX Natural Gas Futures Contract open at 2.439, roughly a penny above Tuesday’s closing price of $2.425. The contract performed well early, the price […]