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Recap: The oil market on Monday traded higher in light of increased geopolitical uncertainty in the Middle East after Syria’s President Bashar al-Assad was ousted by Syrian rebels on Sunday […]
Monday, December 9th saw the front month NYMEX Natural Gas Futures Contract open at $3.207, up $0.131 compared to Friday’s closing price of $3.076. Focusing attention on forecasted below-average temperatures, […]
Recap: The oil market on Friday traded lower and ended the week down 1.18% despite the OPEC+ decision made on Thursday to delay its output increases by three months until […]
Friday, December 6th saw the front month NYMEX Natural Gas Futures Contract open at $3.029, down $0.050 compared to Thursday’s closing price of $3.079. Recording the intraday low of as […]
Recap: The oil market ended the session lower following the OPEC+ decision to delay its planned output increase by three months to April 2025. The market traded mostly sideways ahead […]
Thursday, December 5th saw the front month NYMEX Natural Gas Futures Contract open at $3.113, up $0.070 compared to Wednesday’s closing price of $3.043. Encouraged overnight by additionally HDD’s adding […]
Wednesday, December 4th saw the front month NYMEX Natural Gas Futures Contract open at $3.020, down $0.022 compared to Tuesday’s closing price of $3.042. Warding off additional losses after the […]
Recap: The oil market traded lower on Wednesday and retraced some of its recent gains ahead of the OPEC+ meeting on Thursday. The market was well supported in overnight trading […]
Recap: The crude market on Tuesday continued to retrace its previous losses as it remained supported ahead of the OPEC+ meeting on Thursday and the increasingly fragile ceasefire between Israel […]
Tuesday, December 3rd saw the front month NYMEX Natural Gas Futures Contract open at $3.125, down $0.088 compared to Monday’s closing price of $3.213. Reaching the intraday high of $3.140 […]