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Tuesday, August 30th saw the October NYMEX Natural Gas Futures Contract open at $9.173, sixteen cents below Monday’s closing price of $9.336. Falling to an intraday low of $8.933 by […]
Crude’s Tight Market Has Outweighed Worries in Recent Days That a Global Recession Could Slow Demand
Recap: Oil tumbled after Iraq’s state marketing company said exports haven’t been affected by violent clashes in Baghdad while low liquidity exacerbated price moves. West Texas Intermediate fell as much […]
Monday, August 29th saw the September NYMEX Natural Gas Futures Contract open at $9.044, twenty-five cents below Friday’s closing price $9.296. With minimal trading, the September contract settled higher on […]
Recap: Oil futures rallied on Monday, with U.S. prices up more than 4% to settle at their highest in a month. Prices got a boost given rising risks of a […]
Friday, August 26th saw the September NYMEX Natural Gas Futures Contract open at $9.503, thirteen above Thursday’s closing price $9.375. Ascending to its daily zenith of $9.668 shortly after 9:30AM, […]
Recap: Oil futures continued to struggle for direction on Friday, bouncing between gains and losses, as investors wait to hear more news about a potential nuclear deal with Iran and […]
Thursday, August 25th saw the September NYMEX Natural Gas Futures Contract open at $9.341, just above Wednesday’s closing price $9.330. In a relatively quiet day, prices traded along either side […]
Recap: Thursday proved to be another choppy day for crude oil futures, as prices bounced between gains and losses. Investors initially took OPEC's talk this week of production cuts as […]
Wednesday, August 24th saw the September NYMEX Natural Gas Futures Contract open at $9.232, four cents above Tuesday’s closing price $9.193. Falling to an intraday low of $9.100 near 10:30AM, […]
Recap: Trading in oil futures on Wednesday was extremely choppy, as prices bounced between gains and losses after the weekly EIA report showed a drop in U.S. crude oil inventories […]