Friday, March 8th saw the front-month NYMEX Natural Gas Futures Contract open at $1.781, nearly four cents below Thursday’s closing price of $1.818. Responding to tempered forecasts, reducing expected demand […]
Recap: The oil market on Friday posted an outside trading day and ended the week down 2.45% after the market gave up its overnight gains as a brief outage on […]
Thursday, March 7th saw the front-month NYMEX Natural Gas Futures Contract open at $1.915, just below Wednesday’s closing price of $1.929. Trading sideways near $1.910 leading up to the weekly […]
Recap: The oil market posted an inside trading day on Thursday as it weighed expectations that U.S. interest rate cuts could be delayed against supportive Chinese trade data and increased […]
Wednesday, March 6th saw the front-month NYMEX Natural Gas Futures Contract open at $1.963, just above Tuesday’s closing price of $1.957. Reaching the intraday high of $1.972 ahead of 9:30AM, […]
Recap: The crude market traded higher on Wednesday on a smaller than expected build in crude stocks and large draws in product stocks as well as remarks by U.S. Federal […]
Tuesday, March 5th saw the front-month NYMEX Natural Gas Futures Contract open at $1.914, nearly even to Monday’s closing price of $1.916. Trading within a tight band near $1.910 throughout […]
Recap: The oil market continued to trend lower for the second consecutive session after China’s economic growth targets provided little optimism about an immediate economic rebound. China announced an economic […]
Monday, March 4th saw the front-month NYMEX Natural Gas Futures Contract open at $1.971, fourteen cents above Friday’s closing price of $1.835. Prices were directed higher before markets opened yesterday, […]
Recap: The oil market posted an inside trading day on Monday following the widely expected extension of voluntary output cuts through the middle of the year by OPEC+. On Sunday, […]