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Recap: Oil futures traded sideways within a narrow range on Friday, gravitating around the unchanged level for most of the session. Despite Saudi Arabia shaving 400,000 barrels per day of […]
Friday, February 8th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.586, more than three cents above Thursday’s closing price of $2.551. Trailing downward to the intraday low […]
Recap: WTI fell to its lowest level in more than a week amid concerns that the standoff on a trade deal between the U.S. and China is going to continue. […]
Thursday, February 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.625, slightly above Wednesday’s closing price of $2.662. Tallying an intraday high of $2.636 at 9:20AM, prices […]
Recap: After two consecutive down days, oil prices reversed course, as U.S. crude oil supplies rose less than expected. According to the EIA report, domestic crude oil inventories rose 1.3 […]
Wednesday, February 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.688, nearly three cents above Tuesday’s closing price of $2.662. Trending gradually lower until finding the intraday […]
Tuesday, February 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.698, roughly four cents above Monday’s closing price of $2.660. Seesawing within a few cents of the […]
Recap: Oil prices continued to pull back from two-month highs, pressured by global economic woes, strength in the dollar and expectations that U.S. crude oil inventories increased last week. Prices […]
Recap: After finishing Friday at their highest level since November, oil prices slipped on Monday, hammered by disappointing U.S. factory data, and signs that U.S. crude oil inventories held at […]