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Recap: The oil market on Monday continued to trend higher in overnight trading following the news that Russia halted its exports to Poland via the Druzhba pipeline on Saturday. The […]
Friday, February 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.322, a penny above Thursday’s closing price of $2.314. March settled higher at $2.451. Set to assume […]
Recap: On Friday, the oil market extended its gains for the second consecutive session as the expectations of lower exports from Russia amid its planned output cut in March offset […]
Thursday, February 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.203, three cents above Wednesday’s closing price of $2.174. Ascending to the $2.280 level leading up to […]
Recap: The crude oil market posted an inside trading day and traded higher following six consecutive sessions of losses. The market, which traded over $2 lower on Wednesday on expectations […]
Wednesday, February 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.074, nearly even to Tuesday’s closing price of $2.073. Tallying the intraday low of $2.070 soon after […]
Recap: The crude oil market on Wednesday continued on its downward trend as concern over fuel demand were prompted by expectations that the minutes of the U.S. Federal Reserve’s last […]
Tuesday, February 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.187, eleven cents below Friday’s closing price of $2.275. Recording the intraday high of $2.188 within minutes […]
Recap: The oil market traded within Friday’s trading range during Monday’s shortened session and remained range bound on Tuesday. The market rallied to a high of $77.51 during Monday’s session […]
Recap: The crude oil market on Friday traded lower, pressured by concerns of further U.S. Federal Reserve interest rate hikes and a recession that could weigh on demand. Two Federal […]