Recap: The oil market posted an inside trading day on Friday and ended lower on renewed expectations of the U.S. and Iran continuing their peace talks. The market traded lower […]
Friday, April 24th saw the front-month NYMEX Natural Gas contract open at $2.563, $0.051 below Thursday’s $2.614. Recording the intraday high of $2.565 within minutes of the open, prices trended […]
Thursday, April 23rd saw the front-month NYMEX Natural Gas contract open at $2.673, $0.049 below Wednesday’s closing price $2.722. Recording the intraday high of $2.678 within the session’s opening minutes, […]
Recap: The crude market traded higher on a lack of progress in Iran peace talks and as shipping on the Strait of Hormuz remains restricted. U.S. President Donald Trump on […]
Wednesday, April 22nd saw the front-month NYMEX Natural Gas contract open at $2.740, $0.043 above Tuesday’s closing price $2.697. Buoyed by ongoing geopolitical tensions and restrictions in the Strait of […]
Recap: The oil market traded higher on Wednesday as the market weighed the indefinite extension of the ceasefire by the U.S. against the continuing halt of shipping traffic through the […]
Recap: The May WTI contract on its last trading session as the spot contract, traded higher as the market waited to see what direction the Iran war would take. The […]
Tuesday, April 21st saw the front-month NYMEX Natural Gas contract open at $2.685, $0.004 below Monday’s closing price $2.689. Recording the intraday low of $2.663 at 9:35AM, a drop in […]
Recap: The oil market rallied sharply higher on Monday amid fears that a fragile ceasefire between the U.S. and Iran could collapse. The market, which sold off sharply on Friday […]
Recap: The oil market plunged more than 11% on Friday following Iran’s announcement of the reopening of the Strait of Hormuz. The crude market traded in a sideways trading range […]