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 […]
Thursday, September 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.700, three cents below Wednesday’s closing price of $2.733. Rising steadily to reach $2.730 by 9:30AM, the […]
Recap: The oil market on Thursday sold off in overnight trading but bounced higher on news of a Russian ban on fuel exports. The November WTI contract on its first […]
Wednesday, September 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.753, nearly ten cents below Tuesday’s closing price of $2.848. Following a drop to the intraday low […]
Recap: The oil market retraced some of its recent gains on Wednesday ahead of the October contract’s expiration at the close. The market opened 35 cents higher at $91.55 and […]
Tuesday, September 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.790, six cents above Monday’s closing price of $2.728. Dipping to an intraday low of $2.754 at […]
Recap: The oil market continued on its upward trend and posted a 10-month high early in the day on supply concerns and weakness in the dollar. However a rebound in […]