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Wednesday, December 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.321, a penny above Tuesday’s closing price of $2.311. With the latest forecasts calling for continued bearish […]
Recap: The oil market moved lower in overnight trading as it remained pressured by concerns over global demand and oversupply. The market was weighed by reports of Russia’s weekly average […]
Tuesday, December 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.379, five cents below Monday’s closing price of $2.431. Seeking direction throughout the morning as bearish sentiment […]
Recap: The crude oil market posted an outside trading day on Tuesday as it rallied over Monday’s high and below its previous low in a volatile trading session. The market […]
Monday, December 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.349, twenty-three cents below Friday’s closing price of $2.581. With continued bearish forecasts and steady production persisting […]
Recap: The oil market on Monday ended higher after posting its seventh consecutive weekly decline last week. The market continued to retrace some of its previous losses in overnight trading […]
Friday, December 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.579, slightly below Thursday’s closing price of $2.585. Lacking any material changes to fundamentals overnight and throughout […]
Recap: The crude market on Friday retraced some of its previous losses but still ended the week lower on concerns over a supply surplus and weak Chinese demand. On Thursday, […]
Thursday, December 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.554, nearly two cents below Wednesday’s closing price of $2.569. Trading modestly higher to reach $2.575 ahead […]
Recap: The crude market on Thursday traded lower after it retraced some of its recent sharp losses. The market opened 10 cents lower at $69.28 before it rebounded and gradually […]