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Thursday, January 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.176, five cents below Wednesday’s closing price of $3.232. Fluctuating within a three-cent range before stabilizing near […]
Recap: Near record U.S. crude oil production offset the ninth straight week of declines in U.S. crude oil stocks, leaving oil prices close to unchanged. February WTI was trading at $63.47 […]
Wednesday, January 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.196, nearly seven cents above Tuesday’s closing price of $3.129. Slipping to the intraday low of $3.156 […]
Recap: Oil prices finished higher on Wednesday, as traders await the release of the EIA report, which was delayed a day due to the U.S. Martin Luther King Jr. Day Holiday. […]
Tuesday, January 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.054, nearly fifteen cents below Friday’s closing price of $3.200. Diminished from Friday’s gains due to profit […]
Recap: Oil prices fell for the first time in 7 days, as traders took profits from the recent upswing. Prices remain caught between healthy demand, OPEC led supply cuts and hefty […]
Recap: Please note there are no settlements for Monday, January 15th due to the Martin Luther King, Jr. holiday. The settlements listed are for Friday, January 12th. Fundamental News: Russia’s Foreign […]
Friday, January 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.141, six cents above Thursday’s closing price of $3.084. Tumbling down in the first hour of trading, […]
Recap: Oil prices closed at their highest level in over 3 years, gaining support from geopolitical tensions, increasing demand and declining U.S. stockpiles. A break below $63.50 in February WTI triggered […]
Recap: The oil market settled in positive territory for the fourth consecutive session after rallying to its highest level since December 8, 2014 on tightening global crude stocks and after OPEC […]