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Friday, September 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.798, $0.045 above Thursday’s closing price of $2.753. Recording the intraday low as markets opened, the contract […]
Recap: The oil market on Thursday continued on its recent downtrend following a Financial Times report that Saudi Arabia will give up its $100 price target as it prepares to […]
Thursday, September 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.655, $0.018 above Wednesday’s closing price of $2.637. Trending gradually lower throughout the day, October settled lower […]
Recap: The crude oil market on Wednesday retraced some of its previous gains despite the weekly petroleum stocks reports showing a larger than expected draw in crude stocks. The market […]
Wednesday, September 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.611, $0.060 above Tuesday’s closing price of $2.551. Seeking direction throughout the session, traders weighed the impact […]
Recap: The crude market traded higher on news of monetary stimulus in China, the continuing concerns over the escalating tension in the Middle East and a tropical storm threatening supply […]
Tuesday, September 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.607, $0.006 below Monday’s closing price of $2.613. Chopping around within three cents of $2.610 throughout the […]
Recap: The oil market on Monday posted an outside trading day as the market weighed the escalating tensions in the Middle East against continuing concerns over demand. The market traded […]
Monday, September 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.500, $0.066 above Friday’s closing price of $2.434. Supported by another tropical storm that will soon enter […]
Recap: The crude market gave up some of its previous gains, with the October WTI contract posting an inside trading day on its expiration. The market weighed the increasing tension […]