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Thursday, September 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.930, three cents above Wednesday’s closing price of $2.899. Posting a cautious ascent to the $2.960 level […]
Recap: The crude market on Thursday rallied to its highest level in more than a year on concern of tight supply before it erased its gains by the end of […]
Wednesday, September 27th saw the October NYMEX Natural Gas Futures Contract settle at $2.764, nearly eleven cents above Tuesday’s closing price of $2.656. The more actively traded November contract opened […]
The Oil Market Rallied Sharply Higher on Wednesday, Posting its Largest One Day Gain Since Early May
Recap: The oil market rallied sharply higher on Wednesday, posting its largest one day gain since early May as it continued to trade in its upward trend channel. The market […]
Tuesday, September 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.572, seven cents below Monday’s closing price of $2.639. Slipping to the intraday low of $2.558 within […]
Recap: The oil market rallied higher after posting a two-week low earlier on Tuesday as the market positioned itself ahead of the release of the weekly petroleum stocks reports. In […]
Monday, September 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.623, slightly below Friday’s closing price of $2.637. Gradually climbing to reach the intraday high of $2.671 […]
Recap: The oil market traded lower on Monday as Russia revised its fuel ban. The market traded mostly sideways in overnight trading and posted a high of $90.83 as the […]
Friday, September 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.678, nearly seven cents above Thursday’s closing price of $2.610. Recording the intraday high of $2.681 within […]
The Oil Market Erased its Gains on Expectations that the Ban on Product Exports Will Not Be For Long
Recap: While the oil market traded higher early on Friday on renewed supply concerns from Russia’s fuel export ban, it erased its gains on expectations that the ban on product […]