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Recap: The oil market on Friday remained supported by an IEA forecast of a tight prompt market and possible further sanctions on Russia. The market posted a low of $66.50 […]
Friday, July 11th saw the front-month NYMEX Natural Gas futures contract trade largely sideways throughout the session after reaching an intraday high of $3.412 early on. Seasonally average temperatures and […]
Recap: On Thursday, the oil market traded lower as market sentiment was weighed by the potential impact of U.S. President Donald Trump’s tariffs on economic growth. While the market is […]
Thursday, July 10th saw the front-month NYMEX Natural Gas contract open at $3.254, $0.040 below Tues-day’s closing price of $3.214. Recording the intraday low of $3.233 by 9:05AM, buying resumed […]
Recap: The crude market on Wednesday ended the session up 0.07% as it weighed the attacks on shipping vessels in the Red Sea, forecasts of lower U.S. oil output and […]
Wednesday, July 9th saw the front-month NYMEX Natural Gas contract open at $3.225, $0.115 below Tuesday’s closing price of $3.340. Knocked down by abundant storage levels and lackluster weather forecasts, […]
Recap: The crude market traded higher as the market assessed the latest developments regarding U.S. tariffs against the concerns over Houthi attacks on vessels off Yemen and lower U.S. oil […]
Tuesday, July 8th saw the front-month NYMEX Natural Gas contract open at $3.382, $0.030 below Monday’s closing price of $3.412. Recording the intraday high of $3.396 by 9:05AM, prices traded […]
Recap: The oil market posted an outside trading day as it traded higher on Monday despite the OPEC+ decision to increase output more than expected for August and concerns about […]
Monday, July 7th saw the front-month NYMEX Natural Gas contract open at $3.349, $0.060 below Thursday’s closing price of $3.409. Recording the intraday of $3.343 within minutes of the opening […]