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Recap: The crude oil market rallied higher in light of U.S. President Donald Trump’s tighter deadline for Russia to end its war in Ukraine and his tariff threats to countries […]
Wednesday, July 30th saw the front-month NYMEX Natural Gas contract open at $3.053, $0.089 below Tuesday’s closing price of $3.142. Picking up where the August contract left off, hefty storage […]
Recap: The oil market on Tuesday rallied sharply higher after the U.S. Treasury Secretary said China could see high tariffs if it continues to buy Russian oil. The market posted […]
Tuesday, July 29th saw the August NYMEX Natural Gas contract open at $3.052, $0.064 above Monday’s closing price of $2.988. August settled higher at $3.081. The more actively traded September […]
Recap: The oil market on Monday traded higher after the U.S. and the European Union struck a trade deal, removing some market uncertainty. The U.S.-EU framework trade pact sets an […]
Monday, July 28th saw the front-month NYMEX Natural Gas contract open at $3.101, $0.009 below Friday’s closing price of $3.110. Reaching the intraday high of $3.132 by 9:15AM, the contract […]
Recap: The oil market posted an outside trading day as the market weighed trade talk optimism against the potential for more oil supply from Venezuela as well as some negative […]
Friday, July 25th saw the front-month NYMEX Natural Gas contract open at $3.077, $0.017 below Thursday’s closing price of $3.094. Marking the intraday low of $3.075 within minutes of 9:00AM, […]
Thursday, July 24th saw the front-month NYMEX Natural Gas contract open at $3.127, $0.050 above Wednesday’s closing price of $3.077. Posting a modest recovery overnight as the contract has withered […]
Recap: The crude market on Thursday ended the session as the market remained supported by the optimism over U.S. trade negotiations and a larger than expected draw in oil inventories. […]