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Thursday, February 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.641, two cents below Wednesday’s closing price of $2.659. Climbing to seesaw along the $2.65 mark through […]
Recap: Oil prices, which were heading lower early in the session, reversed course after the release of the EIA report, which indicated U.S. crude oil stocks fell 1.6 million. In […]
Recap: Oil prices headed lower early in the session on Wednesday, following a mixed move on Thursday. The ease came as the dollar strengthened amid expectations that U.S. crude oil […]
Wednesday, February 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.647, three cents above Tuesday’s closing price of $2.616. Building upon the previous day’s gains, the under-valued […]
Recap: Oil prices were mixed on Tuesday, with Brent coming under pressure as maintenance gets under way in that region and with WTI increasing on concerns of tighter supplies out […]
Tuesday, February 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.645, nine cents above Friday’s closing price of $2.558. Seeming to reaching consensus that market conditions were […]
Friday, February 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.540, four cents below Thursday’s closing price of $2.580. Stumbling lower overnight despite Thursday’s bullish storage report, […]
Recap: After falling in overnight trading, WTI rebounded, hitting a high of $61.99 on Friday, its highest level in a week. The up move was fueled by a weaker dollar, […]
Thursday, February 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.569, two cents below Wednesday’s closing price of $2.587. Struggling to regain overnight losses through 10:30AM, a […]
Recap: Oil prices slipped in overnight trading however, WTI gained has the dollar weakened while Brent came under pressure as OPEC lead production cuts remain overshadowed by robust U.S. production. […]