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Monday, January 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.219, three cents above Friday’s closing price of $3.185. After posting gains overnight as traders focused on […]
Recap: A lack of new fundamentals pushed oil prices lower in overnight and early morning trading, but the market fell short of taking out the lows from last week. A sharp […]
Friday, January 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.167, two cents below Thursday’s closing price of $3.189. Stumbling to the intraday low of $3.157 out […]
Recap: After reaching their highest level in over 3 years, oil prices experienced their largest weekly loss since October. Despite tightening global supplies, U.S. production continues to soar, counterbalancing output […]
Thursday, January 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.176, five cents below Wednesday’s closing price of $3.232. Fluctuating within a three-cent range before stabilizing near […]
Recap: Near record U.S. crude oil production offset the ninth straight week of declines in U.S. crude oil stocks, leaving oil prices close to unchanged. February WTI was trading at $63.47 […]
Wednesday, January 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.196, nearly seven cents above Tuesday’s closing price of $3.129. Slipping to the intraday low of $3.156 […]
Recap: Oil prices finished higher on Wednesday, as traders await the release of the EIA report, which was delayed a day due to the U.S. Martin Luther King Jr. Day Holiday. […]
Tuesday, January 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.054, nearly fifteen cents below Friday’s closing price of $3.200. Diminished from Friday’s gains due to profit […]
Recap: Oil prices fell for the first time in 7 days, as traders took profits from the recent upswing. Prices remain caught between healthy demand, OPEC led supply cuts and hefty […]