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Recap: The oil market continued to trend lower as expectations of a ceasefire in Gaza seemed to outweigh the news of a potential September interest rate cut in the U.S. […]
Tuesday, July 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.204, five cents below Monday’s closing price of $2.251. Recording the intraday high of $2.228 at 9:35AM, […]
Recap: The oil market on Monday traded lower ahead of the August contract’s expiration at the close. The market traded to a high of $80.69 in overnight trading as the […]
Monday, July 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.233, more than ten cents above Friday’s closing price of $2.128. Marking the intraday low of $2.197 […]
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Recap: The oil market on Friday sold off more than 3% on renewed hopes of a ceasefire in Gaza. The market was also pressured by a strong dollar and concerns […]
Friday, July 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.076, five cents below Thursday’s closing price of $2.125. Recording the intraday high of $2.064 within minutes […]
Recap: The oil market continued to trade within its recent trading range as it weighed the supportive API and EIA reports showing larger than expected draws in crude stocks against […]
Thursday, July 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.077, four cents above Wednesday’s closing price of $2.035. Continuing its pre-opening ascent to trade near $2.095 […]
Recap: The oil market rallied higher on Wednesday in light of the larger than expected fall in U.S. crude oil stocks and a weaker U.S. dollar offsetting any pressure from […]