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Recap: Oil prices began the session trading unchanged, but were given a boost by a rebound in the equities market. Prices climbed steadily throughout the session; however they could not […]
Tuesday, April 3rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.690, slightly above Monday’s closing price of $2.683. After losing five cents on Monday, which can be […]
Recap: Oil prices extended losses, while experiencing their sharpest fall since Feb. 14th. Prices were trading close to unchanged during overnight trading, but as the stock market opened and slipped […]
Monday, April 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.755, two cents above Thursday’s closing price of $2.733. Prices collapsed as soon as markets opened yesterday, […]
Recap: The crude market on its last trading day in the first quarter settled in positive territory after it continued to erase its previous gains on Wednesday. The market retraced […]
Thursday, March 29th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.750, five cents above Wednesday’s closing price of $2.698. Climbing gradually through the session’s opening hour to […]
Recap: In a knee jerk reaction to the EIA report, which showed draws in U.S. gasoline and distillate inventories, WTI rose to fresh session highs, with the May contract peaking […]
On Wednesday, March 28th – the May NYMEX Natural Gas Futures Contracts began trading as the prompt month. Opening at $2.700, slightly below Tuesday’s closing price of $2.714, the contract […]
On Tuesday, March 27th – settlement day for the April Contract – the front-month NYMEX Natural Gas Futures Contracts opened at $2.640, two cents above Monday’s closing price of $2.618. […]
Recap: Oil prices appear to have hit a level of exhaustion after Monday’s higher high and lower close, followed by Tuesday’s lower high. However, this does not indicate that additional upside […]