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Thursday, June 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.957, slightly below Wednesday’s closing price of $2.963. Trending upward as trading opened, prices rose gradually to […]
Recap: Oil prices were mixed right out of the gate, with Brent posting early gains, while WTI remained below unchanged. This scenario lasted up until the release of the EIA report, […]
Wednesday, June 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.960, two cents above Tuesday’s closing price of $2.939. Climbing to the $2.97 level near 9:30AM, yesterday’s […]
Recap: Oil prices traded below unchanged in predawn trading, reversing overnight gains. However, losses were short lived, with July WTI reverting back to the upside. After bottoming the session at […]
Tuesday, June 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.972, roughly two cents above Monday’s closing price of $2.949. Despite expectations for above-average temperatures to cover […]
Recap: The oil market posted an outside trading day as it moved between gains and losses on production uncertainty ahead of OPEC’s upcoming meeting on June 22nd. The market opened 18 […]
Monday, June 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.953, six cents above Friday’s closing price of $2.890. Tallying the intraday high of $2.966 within minutes […]
Recap: Oil prices reversed early gains on Friday after JPMorgan lowered its 2018 price forecast by $3 to $62.20 a barrel. This combined with sluggish Chinese demand and increasing U.S. output […]
Friday, June 8th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.888, four cents below Thursday’s closing price of $2.930. Falling to the intraday low of $2.875 soon […]
Recap: WTI rose from its lowest level in a month, shrugging off Wednesday’s EIA report, which reflected a 2.07 build in U.S. crude oil inventories. Prices rose on increasing concern over […]