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Friday, November 18th saw the December NYMEX Natural Gas Futures Contract open at $6.126, twenty-four cents below Thursday’s closing price of $6.369. Prices moved lower overnight as forecasts for the […]
Recap: Caught between recession fears and the fact that Fed officials seem unwilling to back down from their stance toward more rate-hikes specifically aimed at killing demand, in order to […]
Thursday, November 17th saw the December NYMEX Natural Gas Futures Contract open at $6.306, eleven cents above Wednesday’s closing price of $6.200. Trading along either side of $6.735 heading into […]
Recap: Oil futures opened lower on Thursday and continued moving to the downside, as the potential risk to crude supplies posed by tensions over a missile strike in Poland eases […]
Wednesday, November 16th saw the December NYMEX Natural Gas Futures Contract open at $5.867, seventeen cents below Tuesday’s closing price of $6.034. Warming forecasts and delay of the Freeport LNG […]
Recap: U.S. crude oil stockpiles fell by 5.4 million barrels, to 435.4 million barrels for the week ending November 11, as refinery activity accelerated, according to the Wednesday release by […]
Tuesday, November 15th saw the December NYMEX Natural Gas Futures Contract open at $5.990, six cents above Monday’s closing price of $5.933 on Monday. Slipping to an intraday low of […]
Recap: Oil futures bounced off of session lows after news broke that oil supply in Hungary via the Druzhba oil pipeline has been temporarily suspended due to a fall in […]
Monday, November 14th saw the December NYMEX Natural Gas Futures Contract open at $6.277, seventeen cents above Thursday’s closing price of $6.239. Markets were closed on Friday in observance of […]
Recap: WTI oil prices dropped 3.7% to a session-low $85.65 a barrel, while Brent dropped 3.4% to session low of $92.73. Monday's decline was driven largely by a stronger dollar […]