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Recap: Oil prices rose on Friday as concerns over tightening supplies increased due to supply cuts from Venezuela and Iran and conflicts in Libya. Adding to the up move was […]
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Recap: Oil prices fell 2 percent on Thursday on reports that OPEC may raise output from July if Venezuelan and Iranian supplies fall further and prices keep rallying. May WTI fell […]
Thursday, April 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.676, roughly two cents below Wednesday’s closing price of $2.700. Climbing steadily through the morning, the contract […]
Recap: Gasoline futures surged on Wednesday, hitting a 6 month high after the EIA reported a 7.7 million barrel drop in U.S gasoline inventories. Expectations were calling for a 1.9 million […]
Wednesday, April 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.715, nearly two cents above Tuesday’s closing price of $2.699. Falling to an intraday low of $2.686 […]
Recap: Oil prices slipped from their nearly six month highs after the International Monetary Fund cut its forecast for global economic growth and as Russia signaled it may back out […]
Tuesday, April 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.701, slightly below Monday’s closing price of $2.708. Falling to the intraday low of $2.680 within minutes […]
Recap: Oil prices traded at five-month highs on Monday, as fighting in Libya raised concerns of tightening supplies. For the first since October, WTI traded above $64.00 a barrel, while Brent […]
Monday, April 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.684, two cents above Friday’s closing price of $2.664. Climbing from the intraday low of $2.683 as […]