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Recap: WTI gave up early gains, ahead of Wednesday’s EIA report, which on average is to show a 600,000 barrel decrease in U.S. inventory report. WTI has basically been trading […]
Monday, May 23rd saw the June NYMEX Natural Gas Futures Contract open at $7.931, fifteen cents below Friday’s closing price of $8.083. Marking the intraday low of $7.889 within minutes […]
Recap: Oil futures opened the session trading at unchanged but found unsustainable strength as the U.S. dollar weakened and on hope that the lifting of COVID-related restrictions in Shanghai would […]
Friday, May 20th saw the June NYMEX Natural Gas Futures Contract open at $7.982, nearly thirty-three cents below Thursday’s closing price of $8.308. Slipping to the intraday low of $7.921 […]
Recap: Oil futures erase early weakness to end with a small gain Friday, though upside appeared to be limited by a sharp stock-market selloff. June WTI finished 0.9% higher for the […]
Thursday, May 19th saw the June NYMEX Natural Gas Futures Contract open at $8.090, twenty-eight cents below Wednesday’s closing price of $8.368. Marking the intraday low of $8.056 in the […]
Recap: Once again, oil futures experienced a volatile trading session on Thursday, rebounding from early losses as Chinese officials planned to ease restrictions in Shanghai, which could further tighten global energy […]
Wednesday, May 18th saw the June NYMEX Natural Gas Futures Contract open at $8.479, seventeen cents above Tuesday’s closing price of $8.304. Marking the intraday high of $8.507 ahead of […]
Recap: Oil futures fell on Wednesday, erasing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners pumped up output, and as crude […]
Tuesday, May 17th saw the June NYMEX Natural Gas Futures Contract open at $8.224, twenty-seven cents above Monday’s closing price of $7.956. Trading within a tight band, relative at least […]