Thursday, August 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.758, even to Wednesday’s closing price. Seesawing along $2.765 through the day’s opening ninety minutes, the contract […]
Recap: Oil prices rose for the first time in three sessions as traders reacted to a Genscape report suggesting U.S. crude stocks held in Cushing, OK fell 1.1 million barrels […]
Recap: Oil prices fell on Wednesday after the EIA reported an unexpected 3.8 million barrel build in U.S crude oil inventories. Expectations were calling for a draw of 2.8 million […]
Wednesday, August 1st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.771, nearly two cents below Tuesday’s closing price $2.782. Weighing continued forecasts for the return of above-average […]
Tuesday, July 31st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.811, slightly above Friday’s closing price $2.797. Stepping higher as markets opened, the weather-induced rally drove prices […]
Recap: Oil prices retreated from 3 week highs as concerns regarding supply constraints eased. WTI slipped as much as 2.3%, as it fell back below $69.00 a barrel, while Brent […]
Recap: Despite a Reuters survey showing that OPEC increased production by 70,000 barrels per day during the month of July, oil prices rose, with WTI settling above $70 a barrel […]
On Monday, July 30th – the September NYMEX Natural Gas Futures Contracts began trading as the prompt month. Opening at $2.785, slightly above Friday’s closing price $2.782, prices slipped downward […]
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Recap: Oil prices slipped on Friday, pressured by a falling U.S. equities market, but despite daily losses, both blends finished up on the week. Prices couldn’t gain enough momentum off […]