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Recap: The market’s reaction to the surprise build in U.S. crude oil and gasoline stockpiles was short lived, having been overshadowed by geopolitical tensions, heightened demand and OPEC lead production […]
Wednesday, April 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.781, even with Tuesday’s closing price. Arcing lower through the morning hours to reach the intraday low […]
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Tuesday, April 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.745, slightly above Monday’s closing price of $2.740. Defying bearish market fundamentals, prices crept gradually higher through […]
Recap: Oil prices rose above unchanged early in the session, supported by geopolitical strife, OPEC lead production cuts and robust demand. June WTI rose to a high of $69.83 a […]
Recap: The oil market posted an outside trading day as the market was pressured after Iran said there would be no need to extend its production cut agreement and supported […]
Monday, April 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.719, two cents below Friday’s closing price of $2.739. Dipping to the intraday low of $2.715 within […]
Recap: Oil prices slipped from 3-year highs after U.S. President Donald Trump expressed his concern over what he termed “artificially” high oil prices. In a quick response, OPEC members said that […]
Friday, April 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.676, nearly two cents above Thursday’s closing price of $2.661. Rising confidently as trading opened, prices rose […]
Recap: After posting fresh 3 and half year highs, oil prices relinquished gains despite the bullish sentiment. May WTI climbed to a high of $69.55 a barrel, its highest level […]