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Recap: Oil prices posted modest gains on Tuesday, propped up after a Saudi official said his country plans to cut oil exports in April, while power outages in Venezuela continue […]
Recap: WTI bounced off of the $56.00 level on reports that Saudi Arabia plans to lengthen its reduction of crude oil exports, while Venezuelan exports continue to decline in the […]
Monday, March 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.787, roughly eight cents below Friday’s closing price of $2.865. Losing ground in pre-session trading, markets seemingly […]
Friday, March 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.875, a penny above Thursday’s closing price of $2.866. Jumping to the intraday high of $2.885 as […]
Recap: Oil prices fell hard on Friday, finishing lower for the second straight week, after the U.S. Labor Department reported lower than expected job growth in the U.S. According to […]
Thursday, March 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.831, a penny below Wednesday’s closing price of $2.841. Climbing to $2.855 by 9:15AM, prices traded sideways […]
Recap: Oil prices recovered on Thursday after falling 2 percent on Wednesday, bolstered by a falling OPEC output, which fell to its lowest level in nearly four years. WTI for April […]
Recap: WTI fell as much as 2 percent on Monday after the EIA reported a larger than expected build in U.S. crude oil stockpiles. WTI for April delivery slipped to a […]
Wednesday, March 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.873, a penny below Tuesday’s closing price of $2.884. Recording the intraday high of $2.874 within minutes […]
Recap: With traders having already factored in OPEC lead production cuts and the effects from the restart of Libya’s El Sharara oilfield amidst weak demand keeping a lid on prices, […]