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Recap: Oil prices posted gains for the fourth straight session after it was reported that the Safaniyah oil field in Saudi Arabia, the world’s largest, is producing at a reduced […]
Friday, February 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.601, three cents above Thursday’s closing price of $2.573. Jumping higher soon after markets opened to surpass […]
Recap: After rising for the third straight session, oil prices suffered an early morning hit after the U.S. Commerce Department released a report showing U.S. retail sales fell 1.2 percent, […]
Thursday, February 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.599, roughly two cents above Wednesday’s closing price of $2.575. Straddling the $2.590 level through 10:30AM, a […]
Recap: Oil prices rose on Wednesday after Saudi Arabia announced that it would make further production cuts and lower its exports of crude oil. March WTI rose 2.8 percent, to […]
Wednesday, February 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.594, roughly nine cents below Tuesday’s closing price of $2.688. Seesawing along either side of $2.590 through […]
Recap: The oil market traded higher following the OPEC’s monthly report showing that the producer group cut its crude production sharply in January. It reported that OPEC cut its oil […]
Tuesday, February 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.669, roughly six cents above Monday’s closing price of $2.642. Slipping to the intraday low of $2.640 […]
Recap: WTI fell to fresh three week lows on Monday, as it became more apparent that the U.S. and China aren’t any closer to a trade agreement. While Beijing struck […]
Monday, February 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.727, fourteen cents above Friday’s closing price of $2.583. Extending to the intraday high of $2.744 as […]