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Recap: Oil prices climbed higher on Wednesday, after the EIA report showed a 5.3 million barrel draw in U.S. crude oil inventories. October WTI rose above $71.00 a barrel, while […]
Wednesday, September 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.850, two cents above Tuesday’s closing price of $2.828. Riding a wave a pre-market weather induced buying, […]
Recap: Oil prices rose on Tuesday, as Hurricane Florence threatens supplies as it makes its way across the U.S. East Coast. This, in conjunction with the EIA lowering its forecasts […]
Tuesday, September 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.797, a penny below Monday’s closing price of $2.804. Posting a modest decline through 10:30AM, the contract […]
Monday, September 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.770, slightly below Friday’s closing price of $2.776. Sinking to the intraday low of $2.752 by 9:20AM, […]
Recap: After posting gains in overnight trading, WTI reversed to the downside on increasing concern that Hurricane Florence, which is brewing out in the Atlantic, would diminish demand for oil. […]
Recap: Oil prices spent most of Friday’s session trading to the downside, pressured by several factors including but not limited to a weaker equity market, strength in the dollar and […]
Friday, September 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.776, just above Thursday’s closing price of $2.772. Dropping to the intraday low of $2.759 by 9:30AM, […]
Recap: Oil prices gained early in the session, getting a boost from a weaker dollar and healthy U.S. demand. However, these early gains were short-lived, as traders turned their focus to […]
Thursday, September 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.794, even to Wednesday’s closing price of $2.795. Recording the intraday high of $2.797 as markets opened, […]