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Friday July 12th saw the front-month NYMEX Natural Gas Futures Contract open at 2.458, four cents above Thursday’s closing price of $2.416. Recovering from Thursday’s storage-induced selloff, as the injection […]
Recap: The oil market continued to trend higher early Thursday ahead of the storm in the Gulf of Mexico, with oil producers evacuating and shutting in production. The crude market […]
Thursday July 11th saw the front-month NYMEX Natural Gas Futures Contract open at 2.459, roughly a penny above Wednesday’s closing price of $2.446. Trading within a penny of $2.470 until […]
Recap: Oil prices rose on Wednesday in light of the weekly stock reports showing larger than expected draws in crude stocks and reports of major US producers evacuating and shutting […]
Wednesday July 10th saw the front-month NYMEX Natural Gas Futures Contract open at 2.439, roughly a penny above Tuesday’s closing price of $2.425. The contract performed well early, the price […]
Recap: Oil prices wavered between gains and losses on Tuesday, as the market weighed concerns over global economic growth against declining production and geopolitical tensions. Worries about the escalating tensions […]
Tuesday, July 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.373, three cents below Monday’s closing price of $2.403. Touching the intraday low of $2.370 shortly after […]
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Recap: The crude market, which continued to trade within its recent trading range, traded higher on Monday amid the escalating tensions surrounding Iran’s nuclear program. Over the weekend, Iran said it […]
Monday, July 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.421, slightly above Friday’s closing price of $2.418. Jumping to a new five-week intraday high of $2.432 […]