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Recap: The oil market on Thursday retraced nearly all of its gains seen earlier this week as Russia downplayed the prospect of further OPEC+ production cuts at its meeting next […]
Wednesday, May 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.372, five cents above Tuesday’s closing price of $2.321. Gaining ground overnight, the contract stabilized near $2.380 […]
Recap: The oil market on Wednesday continued to trend higher following a large unexpected draw in crude oil stocks and a warning from the Saudi Energy Minister on Tuesday that […]
Tuesday, May 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.376, two cents below Monday’s closing price of $2.400. Trading within a three-cent range of $2.360 for […]
Recap: The oil market continued to trade within its two-week trading range as the market awaited for news on further debt ceiling negotiations. The market traded towards the upper end […]
Monday, May 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.487, ten cents below Friday’s closing price of $2.585. Tallying the intraday high of $2.488 within minutes […]
Recap: The oil market on Monday traded higher after the market rebounded as traders awaited the resumption of U.S. debt ceiling talks. The market breached its previous low of $70.63 and […]
Friday, May 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.641, five cents above Thursday’s closing price of $2.592. Seeking direction early on, prices traded within an […]
Recap: The oil market on Friday posted an outside trading day following Thursday’s inside trading session. The market traded mostly sideways overnight before it breached its previous highs and posted […]
Thursday, May 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.405, four cents above Wednesday’s closing price of $2.365. Slipping to the intraday low of $2.360 ahead […]