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Wednesday, March 29th, settlement day for the April contract saw the front-month NYMEX contract open at $1.981, five cents below Tuesday’s closing price of $2.030. In a sparse day of […]
Recap: The oil market traded lower following some choppy trading as traders took profits following two consecutive days of gains. Early in the session, the crude market was well supported […]
Tuesday, March 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.094, nearly a penny above Monday’s closing price of $2.088. Posting a staggered ascent through the morning […]
Recap: The crude oil market continued to trend higher on Tuesday following Monday’s sharp gains on supply disruption risk from the Iraqi Kurdistan region. Iraq has been forced to halt […]
Monday, March 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.119, ten cents below Friday’s closing price of $2.216. Following a bearish shift in weather models over […]
Recap: The oil market on Monday continued to retrace Friday’s early losses. The market was supported by the news that Iraq was forced to halt about 450,000 bpd of crude […]
Friday, March 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.174, two cents above Thursday’s closing price of $2.154. In a rather balance day of trading, the […]
Recap: The oil market on Friday continued to trade lower in follow through selling from Thursday’s session. The market remained pressured by concerns that the U.S. may not be able […]
Thursday, March 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.162, a penny below Wednesday’s closing price of $2.171. Ascending to the $2.200 level ahead of the […]
Recap: The oil market was in the midst of four day winning streak early in the session but sold off sharply ahead of the close under the weight of some bearish […]