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Thursday, July 14th saw the August NYMEX Natural Gas Futures Contract open at $6.847, sixteen cents above Wednesday’s closing price of $6.689. Seeking direction as the contract fluctuated within a […]
Recap: The potential for a large U.S. rate hike pummeled crude oil prices to their level since the Russian invasion of Ukraine. Both contracts hit lows on Thursday which were […]
Wednesday, July 13th saw the August NYMEX Natural Gas Futures Contract open at $6.516, 35 cents above Tuesday’s closing price of $6.163. Trailing downward to mark an intraday low of […]
Recap: Oil prices erased earlier declines, jumping to fresh session highs after a weekly EIA report seen as bearish, although another large release of government reserves of crude-oil played a […]
Tuesday, July 12th saw the August NYMEX Natural Gas Futures Contract open at $6.623, twenty cents above Monday’s closing price of $6.426. Achieving an intraday high of $6.666 within minutes […]
Recap: Crude prices extended earlier losses as Covid-19 cases and lockdowns in China continued to raise concerns about demand for oil. Fears about a recession on the horizon also weighed […]
Monday, July 11th saw the August NYMEX Natural Gas Futures Contract open at $6.563, fifty-three cents above Friday’s closing price of $6.034. Ascending to an intraday high of $6.689 by […]
Recap: Crude oil prices tumbled more than 4% on Monday as fears of a recession accelerated after Russia cut off natural gas supply to parts of Europe via the Nordstream […]
Friday, July 8th saw the August NYMEX Natural Gas Futures Contract open at $6.271, nearly three cents below Thursday’s closing price of $6.297. Fluctuating within a fifteen-cent range during the […]
Recap: Oil futures rose in volatile trade on Friday, as concern over a potential recession-driven demand downturn outweighed tight global supplies. Central banks are raising interest rates to tame inflation, […]