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Recap: The oil market on Monday breached its downward trend channel and traded higher after China announced further measures to support its economy. China cut its stamp duty on stock […]
Friday, August 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.505, a penny below Thursday’s closing price of $2.519. Initially trending lower to tally the intraday low […]
Recap: The oil market traded higher on Friday as the market awaited a speech by Fed Chairman Jerome Powell at the Jackson Hole Symposium for hints on the outlook for […]
Thursday, August 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.436, slightly above Tuesday’s closing price of $2.497. Marking the intraday low of $2.425 soon after 9:00AM, […]
Recap: The oil market ended its streak of losses with a small gain of 0.2% but was still more than 2% lower for the week, as it remained under pressure […]
Wednesday, August 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.574, slightly above Tuesday’s closing price of $2.560. Ascending to the intraday high of $2.590 within minutes […]
Recap: The oil market sold off for the third consecutive day on Wednesday as a decline in euro zone business activity deepened more than expected in August and U.S. business […]
Tuesday, August 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.579, five cents below Monday’s closing price of $2.632. Ascending to the intraday high of $2.636 at […]
Recap: The oil market on Tuesday fell as the market remained focused on the expectation that China’s sluggish economic activity will impact oil demand. The Also, U.S. central bank officials […]
Monday, August 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.618, nearly seven cents above Friday’s closing price of $2.551. Trading sideways along either side of the […]