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Wednesday, July 20th saw the August NYMEX Natural Gas Futures Contract open at $7.478, twenty-one cents above Tuesday’s closing price of $7.264. Marking the intraday low of $7.345 at 9:45AM, […]
Recap: Oil futures bounced a bit on Wednesday but turned to the downside after a mixed weekly EIA report. Fostering the up move was the unexpected decline in both U.S. […]
Tuesday, July 19th saw the August NYMEX Natural Gas Futures Contract open at $7.277, twenty cents below Monday’s closing price of $7.479. Losing ground overnight as traders assess the latest […]
Recap: Oil futures traded higher on Tuesday, to trade at their highest level in two weeks as the market focus was more on tight supplies and a weak U.S. dollar […]
Monday, July 18th saw the August NYMEX Natural Gas Futures Contract open at $7.248, five cents below Thursday’s closing price of $7.016. Marking the intraday low of $7.227 out of […]
Recap: Oil futures came roaring back on Monday, adding to last week’s come back, as continued physical tightness overshadowed thoughts of demand destruction and as the U.S. dollar weakened. Market […]
Friday, July 15th saw the August NYMEX Natural Gas Futures Contract open at $6.550, five cents below Thursday’s closing price of $6.600. Marking the intraday low of $6.513 within minutes […]
Recap: Oil futures ended the session up 2.5% on Friday after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question […]
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 […]