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Recap: Oil prices fell as much as 1.6% on Tuesday, dragged lower by weakness in global stocks. Brent fell to a five week low, while WTI settled below $63.67, the […]
Monday, February 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.790, nearly six cents below Friday’s closing price of $2.846. Buoyed by technical trading through 9:30AM, prices […]
Recap: The rally in oil prices continued to deteriorate, with oil futures falling to their lowest level in over a week. Pressure was provided by increasing U.S. production, a rising […]
Friday, February 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.878, two cents above Thursday’s closing price of $2.856. In an uneventful session compared to recent trading […]
Recap: Oil prices fell for the second time in seven weeks, pressured by strength in the, dollar following a stellar U.S. jobs report. Friday’s sell-off stymied the rally that began […]
Thursday, February 1st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.907, nine cents below Wednesday’s closing price of $2.995. Climbing initially to mark the intraday high of […]
Recap: Oil prices bounced on Thursday, having been propped up by several factors. Among these factors were signs that OPEC members are adhering to their agreed upon output cuts, Goldman Sachs […]
Wednesday, January 31st saw the front-month NYMEX Natural Gas Futures Contracts open at $3.062, thirteen cents below Tuesday’s closing price of $3.195. Technical trading drove markets lower overnight as traders […]
Recap: The downside correction in oil prices continued on Wednesday, encouraged by the larger than expected increase in U.S. crude oil inventories. According to the EIA, crude oil stockpiles rose 6.8 […]
On Tuesday, January 30th – the March NYMEX Natural Gas Futures Contracts began trading as the prompt month. Opening at $3.236, seven cents below Monday’s closing price of 3.167, prices […]