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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 […]
Wednesday, June 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.493, nearly even to Tuesday’s closing price of $2.492. Falling to the intraday low of $2.448 by […]
Recap: The oil market on Wednesday continued to trend higher ahead of the release of the weekly petroleum stock reports which are expected to show draws in stocks and the […]
Tuesday, June 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.645, a penny above Friday’s closing price of $2.632. Tallying a fresh one-month intraday high of $2.650 […]
Recap: The oil market on Tuesday sold off, giving up all of last week’s 2.3% gain as the market continues to experience choppy, rangebound trading. The market traded to a […]
Recap: The oil market rallied higher on Friday and settled up 2.3% on the week on hopes of increasing Chinese oil demand. Earlier in the week, Chinese refinery throughput was […]