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Recap: The oil market on Tuesday sold off, giving up all of last week’s 2.3% gain as the market continues to experience choppy, rangebound trading. The market traded to a […]
Recap: The oil market rallied higher on Friday and settled up 2.3% on the week on hopes of increasing Chinese oil demand. Earlier in the week, Chinese refinery throughput was […]
Friday, June 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.571, four cents above Thursday’s closing price of $2.533. Spiking to $2.635 within minutes of the open, […]
Thursday, June 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.412, seven cents above Wednesday’s closing price of $2.342. Marking the intraday low of $2.406 soon after […]
Recap: The oil market on Thursday retraced its previous losses and posted an outside trading day as traders covered some of their short positions. This followed Wednesday’s 1.7% decline after […]
Wednesday, June 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.384, four cents above Tuesday’s closing price of $2.340. Propped up overnight by a bullish shift in […]
Recap: The oil market traded mostly sideways in overnight trading before it rallied higher on bullish oil demand growth forecasts from the International Energy Agency. The IEA raised its oil […]
Tuesday, June 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.327, six cents above Monday’s closing price of $2.266. Riding Monday’s wave of cooling-demand driven gains, prices […]
Recap: The oil market posted an inside trading day on Tuesday after the market retraced most of its previous losses, breaking a three-day slide. The market posted a low of […]
Monday, June 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.225, seven cents below Friday’s closing price of $2.254. Knocked down early on by reduced expectations for […]