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Wednesday, June 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.775, a penny above Tuesday’s closing price of $2.763. With limited trading due to the contract’s impending […]
Recap: The oil market traded higher as a larger than expected draw in crude stocks offset concerns over further interest rate hikes slowing economic growth and global oil demand. The […]
Tuesday, June 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.796, just above Monday’s closing price of $2.791. Trading within a tight band near $2.780 through 11:00AM […]
Recap: The oil market on Tuesday posted an outside trading day as the market’s gains were limited by signals that the European Central Bank is not done with interest rate […]
Monday, June 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.759, three cents above Friday’s closing price of $2.729. Continuing last week’s cooling-demand induced rally, prices moved […]
Recap: The oil market traded higher in a choppy session on Monday as traders weighed concerns about global demand growth against upcoming supply disruptions that could get exacerbated by political […]
Friday, June 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.586, two cents below Thursday’s closing price of $2.608. Losing ground early on to record the intraday […]
Recap: The crude oil market on Friday continued on a downward trend for a second consecutive session after it breached an upward trending support line during Thursday’s sell off. The […]
Thursday, June 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.594, nearly even to Wednesday’s closing price of $2.597. Trading sideways near $2.600 from the open until […]
Recap: The oil market fell over 4% on Thursday as concerns over the impact of a larger than expected rate hike by the Bank of England outweighed a larger than […]