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Recap: The oil market on Monday continued on its upward trend, supported by increasing geopolitical concerns. There are fears of conflict in southern Lebanon in light of a military build-up, […]
Monday, July 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.558, four cents below Friday’s closing price of $2.601. Ascending to the intraday high of $2.575 by […]
Recap: The crude market ended the session lower as market sentiment was weighed down by weak U.S. gasoline demand. The market remained well supported in overnight trading and continued its […]
Friday, June 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.732, five cents above Thursday’s closing price of $2.685. Recording the intraday high as markets opened, the […]
Recap: The oil market traded higher on Thursday as the market remained supported by concerns over the geopolitical tension in the Middle East. However, its gains were limited by the […]
Thursday, June 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.750, just above Wednesday’s closing price of $2.745. Pulling back ahead of the weekly storage report, prices […]
Recap: The oil market settled slightly higher on Wednesday despite the EIA’s weekly petroleum stocks reports showing unexpected builds in both crude and gasoline stocks. The EIA reported a build […]
Wednesday, June 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.685, seven cents below Tuesday’s closing price of $2.756. Trending lower as settlement drew near, July closed […]
Recap: The oil market on Tuesday ended the session lower ahead of the release of the weekly petroleum stocks reports later in the afternoon and on Wednesday morning. The market’s […]
Tuesday, June 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.772, four cents below Monday’s closing price of $2.811. Arcing higher throughout the morning to tally the […]