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Recap: The oil market sold off on Monday following the news that Iraq restored output at one of its oilfields, while the market also weighed ongoing talks to end the […]
Monday, December 8th saw the front-month NYMEX Natural Gas contract open at $5.014, $0.275 below Friday’s closing price of $5.289. Gapping lower over the weekend as weather models posted a […]
Recap: The crude market rallied to a two week high on Friday and settled up 0.69% amid the expectations that the Federal Reserve will cut interest rates at its meeting […]
Friday, December 5th saw the front-month NYMEX Natural Gas contract open at $5.270, $0.207 above Thursday’s closing price of $5.063. Marking the intraday low of $5.236 within minutes of the […]
Thursday, December 4th saw the front-month NYMEX Natural Gas contract open at $4.946, $0.049 below Wednesday’s closing price of $4.995. Trending lower to trade along $4.900 ahead of the weekly […]
Recap: The oil market traded higher on Thursday as the stalled Ukraine peace talks tempered any expectations of a deal that would likely result in the removal of sanctions on […]
Wednesday, December 3rd saw the front-month NYMEX Natural Gas contract open at $4.956, $0.112 above Tuesday’s closing price of $4.840. Recording the intraday low of $4.920 within minutes of the […]
Recap: The crude market on Wednesday posted an inside trading day as it failed to find momentum in either direction as the market weighed builds in U.S. oil inventories against […]
Tuesday, December 2nd saw the front-month NYMEX Natural Gas contract open at $4.850, $0.071 below Monday’s closing price of $4.921. Climbing early on to record the intraday high of $4.953 […]
Recap: The crude market retraced some of its recent gains as the market focused on the news of U.S. special envoy, Steve Witkoff, and President Trump’s son-in-law Jared Kushner meeting […]