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Tuesday, June 21st saw the July NYMEX Natural Gas Futures Contract open at $6.691, twenty-five cents below Friday’s closing price of $6.944. Slipping to an intraday low of $6.652 at […]
Recap: Oil futures climbed Tuesday, with U.S. prices recouping a portion of the more than 9% loss last week. Oil prices climbed on high summer fuel demand while supplies remained […]
Recap: The energy complex sold off sharply on Friday, led by the RBOB market, as the markets remained concerned about an economic slowdown. The oil market extended its losses of […]
Friday, June 17th saw the July NYMEX Natural Gas Futures Contract open at $7.329, fourteen cents below Thursday’s closing price of $7.464. Tallying the intraday high of $7.439 within minutes […]
Thursday, June 16th saw the July NYMEX Natural Gas Futures Contract open at $7.783, thirty-six cents above Wednesday’s closing price of $7.420. Climbing to the $7.875 level within the day’s […]
Recap: The oil market on Thursday morning continued to trend lower falling to a two-week low on concerns over inflation. The market traded lower overnight after the Federal Reserve raised […]
Wednesday, June 15th saw the July NYMEX Natural Gas Futures Contract open at $7.512, thirty-two cents above Tuesday’s closing price of $7.189. Rising steadily to an intraday high of $7.698 […]
Recap: The oil market continued to drift lower on Wednesday morning on concerns over fuel demand and global economic growth ahead of a large increase in interest rates by the […]
Tuesday, June 14th saw the July NYMEX Natural Gas Futures Contract open at $8.609, even to Monday’s closing price. Marking the intraday high of $8.631 within minutes of the open, […]
Recap: Oil prices jumped after OPEC revealed that its production for the month of May decreased. Fear spread throughout the marketplace that OPEC’s spare capacity had been overstated, with Saudi […]