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Friday, January 9th saw the front-month NYMEX Natural Gas contract open at $3.330, $0.077 below Thursday’s closing price of $3.407. Recording the intraday high of $3.360 at 9:45AM, as short-term […]
Recap: The crude oil market on Friday extended its gains amid the uncertainty regarding Venezuela and concerns about potential disruptions to Iran’s output and escalations of attacks in Russia’s war […]
Recap: The oil market traded sharply higher on Thursday after two days of declines as the market continued to assess the developments in Venezuela and was well supported by the […]
Thursday, January 8th saw the front-month NYMEX Natural Gas contract open at $3.462, $0.063 below Wednesday’s closing price of $3.525. Losing ground overnight as markets chose to focus on near-term […]
Recap: The crude oil market on Wednesday sold off sharply following U.S. President Donald Trump’s statement late Tuesday that the U.S. reached a deal to import up to $2 billion […]
Wednesday, January 7th saw the front-month NYMEX Natural Gas contract open at $3.490, $0.140 above Tuesday’s closing price of $3.350. Trending higher overnight as forecasts added demand for the back […]
Tuesday, January 6th saw the front-month NYMEX Natural Gas contract open at $3.357, $0.204 below Friday’s closing price of $3.523. In a calm day of trading, traders shook off the […]
Recap: The oil market erased its early gains and ended the session lower as the market weighed the uncertainty regarding Venezuela’s oil output after the U.S. capture of Venezuela’s President […]
Monday, January 5th saw the front-month NYMEX Natural Gas contract open at $3.414, $0.204 below Friday’s closing price of $3.618. Recording a two-month intraday low of $3.355 within minutes of […]
Recap: The oil market posted an outside trading day as the market assessed the situation in Venezuela, whose crude exports have been under a U.S. embargo, and the potential impact […]