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Friday, February 16th saw the front-month NYMEX Natural Gas Futures Contract open at $1.608, four cents below Thursday’s closing price of $1.581. Recording the intraday low of $1.590 within minutes […]
Recap: The oil market on Friday continued on its upward trend as geopolitical tensions in the Middle East outweighed the IEA’s forecast released on Thursday showing slowing demand. Gaza’s largest […]
Thursday, February 15th saw the front-month NYMEX Natural Gas Futures Contract open at $1.667, four cents below Wednesday’s closing price of $1.609. Marking the intraday high as markets opened, prices […]
Recap: On Thursday, the oil market rebounded from earlier losses and ended the session higher on the back of a weak dollar. The market traded lower in overnight trading as […]
Wednesday, February 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.646, four cents below Tuesday’s closing price of $1.689. Receiving no love from market fundamentals, the contract […]
Recap: The oil market posted an inside trading day on Wednesday as it held on to Tuesday's gains on a strong demand growth forecast from OPEC and later sold off […]
Tuesday, February 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.742, nearly three cents below Monday’s closing price of $1.768. Once again recording the intraday high, $1.743, […]
Recap: The oil market continued to trend higher amid the continuing conflict in the Middle East. The market was further supported as OPEC stuck to its forecast for relatively strong […]
Monday, February 12th saw the front-month NYMEX Natural Gas Futures Contract open at $1.829, two cents below Friday’s closing price of $1.847. Achieving an intraday high of $1.863 by 10:00AM, […]
Recap: The crude market ended slightly higher after traders took some profits following last week’s rally. The oil market erased some of its previous gains amid the news that the […]