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Recap: On Tuesday, the oil market posted an outside trading day after the market traded lower, reversing its earlier gains as U.S. consumer prices unexpectedly increased in August. The oil […]
Monday, September 12th saw the October NYMEX Natural Gas Futures Contract open at $7.895, ten cents below Friday’s closing price of $7.996. Ascending from the intraday low of $7.885 near […]
Recap: Oil futures extend gains as commodity prices rise amid a weakening of the dollar. WTI crude is up 2.6% to $89.10 a barrel. Concerns about global demand remain as […]
Friday, September 9th saw the October NYMEX Natural Gas Futures Contract open at $8.118, twenty cents above Thursday’s closing price of $7.915. Achieving an intraday high of $8.118 within minutes […]
Recap: Oil prices traded higher on Friday after rebounding from earlier losses. Sentiment is being supported by news that the IEA has upgraded its global oil demand outlook for the next […]
Thursday, September 8th saw the October NYMEX Natural Gas Futures Contract open at $7.835, slightly below Wednesday’s closing price of $7.842. Tallying the intraday low of $7.830 early on, prices […]
Recap: Oil futures rebounded on Thursday, but remained near eight-month lows, as China’s extension of COVID restrictions exacerbated concerns a slowdown in global economic activity would hit fuel demand. Prices also […]
Wednesday, September 7th saw the October NYMEX Natural Gas Futures Contract open at $8.038, eleven cents below Tuesday’s closing price of $8.145. Struggling to find support over the past few […]
Recap: Oil futures fell on Wednesday to their lowest level in eight months, as concerns intensified that a global economic downturn will hurt demand for energy. The economically disappointing news […]
Tuesday, September 6th saw the October NYMEX Natural Gas Futures Contract open at $8.404, thirty-eight cents below Friday’s closing price of $8.786. Following the long weekend, prices trended lower as […]