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Recap: The crude market on Wednesday traded off its four-month low posted on Tuesday as expectations of the Federal Reserve cutting interest rates in September outweighed the bearish oil inventory […]
Wednesday, June 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.670, eight cents above Tuesday’s closing price of $2.586. Recovering from Tuesday’s selloff, which traders are attributing […]
Recap: On Thursday, the crude market rallied higher following two consecutive days of losses as the market positioned itself ahead of the long Easter holiday weekend. It remained supported by […]
Thursday, March 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.738, two cents above Wednesday’s closing price of $1.718. Trading within a tight band near $1.745 leading […]
Wednesday, March 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.747, four cents below Tuesday’s closing price of $1.788. Recording the intraday high as markets opened, prices […]
Recap: The oil market continued to trade lower on Wednesday amid signs that OPEC+ is unlikely to change its output policy at its meeting next week and the unexpected builds […]
Tuesday, March 26th saw the April NYMEX Natural Gas Futures Contract settle at $1.575, four cents below Monday’s closing price of $1.615. The more actively traded May contract opened at […]
Recap: The oil market posted an inside trading day on Tuesday after breaking a three-day losing streak on Monday. Traders weighed the bearish effect of the decline in Russian refinery […]
Monday, March 25th saw the front-month NYMEX Natural Gas Futures Contract open at $1.615, four cents below Friday’s closing price of $1.659. Marking the intraday low of $1.608 within minutes […]
Recap: The crude market on Monday traded higher as the Russian government ordered producers to cut output. The oil market, which posted an inside trading day on Friday, posted a […]