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Recap: The oil market on Thursday retraced some of Wednesday’s sharp losses as the market weighed concerns about global oversupply and the sanctions against Russia’s Lukoil. The market remained pressured […]
Thursday, November 13th saw the front-month NYMEX Natural Gas contract open at $4.550, $0.017 above Wednesday’s closing price of $4.533. Marking the intraday low of $4.519 at 9:45AM, the contract […]
Recap: The oil market sold off sharply on Wednesday, pressured by an OPEC’s monthly report. OPEC said world oil supply will match demand next year due to the wider OPEC+ […]
Wednesday, November 12th saw the front-month NYMEX Natural Gas contract open at $4.518, $0.47 above Tuesday’s closing price of $4.565. Recording the intraday high of $4.579 at 10:25AM, the contract […]
Tuesday, November 11th saw the front-month NYMEX Natural Gas contract open at $4.373, $0.035 above Monday’s closing price of $4.338. Marking the intraday low of $4.369 within minutes of the […]
Recap: The crude market continued to trend higher on Tuesday as traders assess the impact of the U.S. sanctions on Russian oil, with Lukoil declaring force majeure at an Iraqi […]
Recap: The oil market traded mostly sideways on Monday as it continued to trade within last Thursday’s trading range. The market weighed the expectations that the U.S. government shutdown would […]
Friday, November 7th saw the front-month NYMEX Natural Gas contract open at $4.283, $0.074 below Thursday’s closing price of $4.357. Recording the intrada low of $4.276 within minutes of the […]
Recap: The oil market on Friday posted an inside trading day and settled 0.54% higher on the day following three consecutive down days. The market however settled lower for a […]
Thursday, November 6th saw the front-month NYMEX Natural Gas contract open at $4.283, $0.051 above Wednesday’s closing price of $4.232. Trading gradually higher to reach $4.310 ahead of the weekly […]