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Recap: Oil futures shrugged off the 8.5 million barrel increase in U.S. crude oil inventories, to turn markedly higher on the day after the EIA released its report showing a 3.6 […]
Tuesday, May 10th saw the June NYMEX Natural Gas Futures Contract open at $6.516, fifty-one cents below Monday’s closing price of $7.026. Tallying the intraday low of $6.505 within minutes […]
Recap: Oil futures continued to slide on Tuesday, falling $10.01 or 9.12% over the last two sessions. WTI dropped below $100 a barrel, hitting a two-week low as the demand […]
Monday, May 9th saw the June NYMEX Natural Gas Futures Contract open at $7.856, nineteen cents below Friday’s closing price of $8.043. Recording the intraday high of $7.865 within minutes […]
Recap: Oil futures fell hard on Monday, marking the largest one-day percentage drop since March 31. Crude oil prices plummeted on news that Saudi Arabia lowered the official selling price […]
Friday, May 6th saw the June NYMEX Natural Gas Futures Contract open at $8.596, nineteen cents below Thursday’s closing price of $8.783. Tallying the intraday high of $8.639 near 9:15AM, […]
Recap: The oil market continued to trade higher for a third consecutive session on Friday as it shrugged off the losses in the global stock markets that pushed the marker […]
Thursday, May 5th saw the June NYMEX Natural Gas Futures Contract open at $8.430, nearly two cents above Wednesday’s closing price of $8.415. Trending lower trade near $8.300 by 9:30AM, […]
Recap: On Thursday, the oil market ended lower as a stronger U.S. dollar and a sell off in global stock markets offset the market’s supply concerns. Early in the session, the […]