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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 […]
Recap: Oil prices fell on Monday, halting the rise that has occurred over the past 3 weeks. A failed attempt to take out the January high of $66.66 in May […]
Friday, March 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.591, nearly three cents below Thursday’s closing price of $2.617. Climbing from the one-month intraday low of […]
Recap: Oil price rose on Friday, spurred by the possibility OPEC could extend agreed upon output cuts into 2019. Prices opened the session trading slightly below unchanged only to edge […]