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Recap: Oil futures jumped on Tuesday after it was reported that OPEC+ may be considering an even larger cut than previously expected. An anonymous source reported that the group is […]
Monday, October 3rd saw the November NYMEX Natural Gas Futures Contract open at $6.430, thirty-three cents below Friday’s closing price of $6.766. Reaching an intraday high of $6.524 within minutes […]
Recap: Oil futures jumped over $4 a barrel on Monday as OPEC and other major producers considered reducing output by more than 1 million barrels per day to bolster prices […]
Friday, September 30th saw the November NYMEX Natural Gas Futures Contract open at $6.879, just above Thursday’s closing price of $6.874. Falling to an intraday low of $6.705 by 9:30AM, […]
Recap: Weakening demand, exacerbated by Hurricane Ian and signs of a slowing economy, pushed WTI below $80 a barrel on Friday. August personal consumption expenditures price index, including gas and […]
Thursday, September 29th saw the November NYMEX Natural Gas Futures Contract open at $6.765, nineteen cents below Wednesday’s closing price of $6.955. Trading near $6.670 leading up to the weekly […]
Recap: Oil futures finished lower on Thursday as a sharp decline in U.S. stock markets sparked broader risk aversion across asset classes including energy commodities and as concerns over production […]
Wednesday, September 28th saw the October NYMEX Natural Gas Futures Contract open at $6.635, two cents below Tuesday’s closing price of $6.651. October settled higher at $6.868 Set to take […]
Recap: Oil prices extended earlier gains, after a mostly bullish EIA report that showed across-the-board US inventory declines in the three main categories–crude, gasoline and distillates.The weekly report also showed a […]
Tuesday, September 27th saw the October NYMEX Natural Gas Futures Contract open at $6.920, two cents above Monday’s closing price of $6.903. Seeking direction as prices fluctuated within a thirteen-cent […]