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Recap: Oil futures pulled back on Wednesday on expectations that demand growth will slip as inflation and supply chain issues strain major economies. However, swelling power generation prices limited losses. Weighing […]
Tuesday, October 12th saw the front-month NYMEX Natural Gas Futures Contract open at $5.242, ten cents below Monday’s closing price of $5.345. Finding a two-week intraday low of $5.210 shortly […]
Recap: Oil futures continued to perform strongly on Tuesday, remaining close to seven year highs, but ended the session on a mixed note. WTI has moved forward for the fourth […]
Monday, October 11th saw the front-month NYMEX Natural Gas Futures Contract open at $5.439 nearly thirteen cents below Friday’s closing price of $5.565. Falling to an intraday low of $5.308 […]
Recap: Oil prices extended gains to scale multi-year peaks on Monday, fueled by the rebound in global demand that has also contributed to power and gas shortages in key economies like […]
Friday, October 8th saw the front-month NYMEX Natural Gas Futures Contract open at $5.685, a penny above Thursday’s closing price of $5.677. Reaching an intraday high of $5.727 soon after […]
Natural gas and electricity price fluctuations in New England are causing concerns as the winter season quickly approaches. The current natural gas storage levels combined with increased demand on New […]
Recap: On Friday, the oil market continued to trend higher and reached the $80 level for the first time since November 2014, lifted by a global energy crunch that has helped […]
Thursday, October 7th saw the front-month NYMEX Natural Gas Futures Contract open at $5.615, six cents below Wednesday’s closing price of $5.675. Tallying an intraday high of $5.741 soon after […]
Recap: After falling by 3% in early morning trading, oil futures resumed their move to the upside Thursday, on reports that the U.S. may not release crude oil reserves in […]