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Monday, December 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.833, fourteen cents above Friday’s closing price of $3.690. Peaking momentarily above $3.920 near 9:20AM, prices hovered […]
Recap: Trading in oil futures was volatile on Monday, with prices falling almost 7% during the trading session, hitting their lowest level in three weeks. Surging cases of the Omicron variant […]
Friday, December 17th saw the front-month NYMEX Natural Gas Futures Contract open at $3.704, six cents below Thursday’s closing price of $3.766. Falling to the intraday low of $3.674 by […]
Recap: While demand has been recovering from pandemic lows, the threat of new lockdown measures and travel restrictions due to the omicron variant is hanging over oil markets as supply […]
Thursday, December 16th saw the front-month NYMEX Natural Gas Futures Contract open at $3.890, nine cents above Wednesday’s closing price of $3.802. An overnight shift calling for additional heating degree […]
Recap: Oil futures jumped by almost 2% on Thursday, as record U.S. implied demand, falling crude stockpiles and an upbeat economic outlook from the Federal Reserve trumped fears of the […]
Wednesday, December 15th saw the front-month NYMEX Natural Gas Futures Contract open at $3.871, thirteen cents above Tuesday’s closing price of $3.747. Trading within a four-cent range of $3.880 throughout […]
Recap: Oil futures turned higher on Wednesday, erasing early losses after the U.S. Federal Reserve announced plans to speed up its reduction of monthly bond purchases and signaled three interest rate […]
Tuesday, December 14th saw the front-month NYMEX Natural Gas Futures Contract open at $3.746, five cents below Monday’s closing price of $3.794. Peaking at an intraday high of $3.803 by […]
Recap: Crude oil futures dipped on Tuesday after the International Energy Agency said the omicron variant of the coronavirus that cause COVID-19 would slow a recovery in demand. The agency […]