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Monday, May 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.355, nine cents above Friday’s closing price of $2.266. Trading within a tight band along either side […]
Recap: The oil market rallied higher on Monday on concerns about lower supplies in Canada and elsewhere. The market continued to trend lower and posted a low of $69.41 in […]
Friday, May 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.171, two cents below Thursday’s closing price of $2.190. Recording the intraday low of $2.160 within minutes […]
Recap: The oil market continued on its downward trend on Friday, trading back below the $70.00 level amid economic concerns and signs of increased supplies despite the prospects of the […]
Thursday, May 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.176, three cents below Wednesday’s closing price of $2.191. Ascending to trade along the $2.200 level leading […]
Recap: On Thursday, the oil market continued to retrace its previous losses as increasing jobless claims and a stronger dollar weighed on sentiment. The market traded sideways in overnight trading […]
Wednesday, May 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.223, three cents below Tuesday’s closing price of $2.267. Losing ground early on, prices retreated to the […]
Recap: The oil market traded mostly sideways in overnight trading but sold off and traded to its lows in afternoon trading, ending a three day rally amid an unexpected build […]
Tuesday, May 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.278, four cents above Monday’s closing price of $2.238. Marking the intraday high of $2.297 within minutes […]
Recap: The oil market looked ready to post an inside trading day before the market rallied to its highs ahead of the close. The market had traded to $73.08 in […]