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Monday, June 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.800, eight cents below Friday’s closing price of $2.881. Knocked down over the weekend by increased production […]
Recap: The oil market on Friday posted its first weekly gain in a month as it settled up 3.87%, despite it ending the session down 0.22% on the day. It […]
Friday, June 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.918, four cents below Thursday’s closing price of $2.959. Attaining an intraday high of $2.974 by 9:45AM, […]
Recap: The oil market traded mostly sideways and ended slightly higher, up 0.15% on the day,as the market weighed the builds in crude and product stocks and expectations of slow […]
Thursday, June 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.970, seven cents below Wednesday’s closing price of $3.045. Trading along $3.010 through the day’s opening hour, […]
Recap: The crude market continued on its upward trend on Wednesday, although it gave up some of its earlier gains after the Federal Reserve held interest rates steady and penciled […]
Wednesday, June 12th saw the front-month NYMEX Natural Gas Futures Contract open at $3.051, seven cents below Tuesday’s closing price of $3.129. Battling upward on the back of forecasted elevated […]
Recap: The oil market on Tuesday traded higher as the EIA raised its world oil demand growth estimate for the year, while OPEC maintained its forecast for strong growth in […]
Tuesday, June 11th saw the front-month NYMEX Natural Gas Futures Contract open at $3.050, fourteen cents above Monday’s closing price of $2.906. Bolstered overnight by extended forecasts calling for above […]
Recap: The crude market on Monday rallied higher, recovering after three weeks of losses. The market was well supported by hopes of increasing fuel demand this summer. Goldman Sachs analysts […]