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Recap: Oil prices that have been stuck in neutral for most of the week jumped higher on Thursday, alongside a jump in US equities. WTI crude was recently trading 3.3% higher […]
Wednesday, May 25th saw the June NYMEX Natural Gas Futures Contract open at $9.230, forty-three cents above Tuesday’s closing price of $8.796. With continued support from weak production numbers and […]
Recap: Oil futures bounced after the Energy Information Administration released its report showing a drop in both U.S. crude oil and gasoline inventories last week. Crude oil stocks were down 1 […]
Tuesday, May 24th saw the June NYMEX Natural Gas Futures Contract open at $8.730, just below Monday’s closing price of $8.744. Dipping to an intraday low of $8.616 early on, […]
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 […]