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Recap: The oil market extended Monday’s sharp gains as it rose almost 3% on Tuesday as concerns over diminishing demand eased following the FDA’s full approval of the Pfizer/BioNTech Covid-19 vaccine […]
Monday, August 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.900, five cents above Friday’s closing price of $3.851. Trending lower to record an intraday low of […]
Recap: On Monday, the oil market rallied over 5%, as the U.S. dollar weakened and the strength in the equities markets lent support to the oil complex following a seven-day losing […]
Friday, August 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.929, ten cents above Thursday’s closing price of $3.830. Tallying an intraday high of $3.951 soon after […]
Recap: On Friday, the oil market continued to trade lower for a seventh consecutive session, extending the week’s decline to 8.9%, ahead of the September crude contract’s expiration at the close. […]
Recap: The oil market continued on its downward trend on Thursday, falling for a sixth consecutive session. The market sold off sharply as it was once again pressured by a stronger […]
Wednesday, August 18th saw the front-month NYMEX Natural Gas Futures Contract open at $3.865, four cents below Tuesday’s closing price of $3.826. The price dropped sharply in the first hour […]
Recap: The oil market, which looked set to post another inside trading day early in the session, sold off and continued on its downward trend. The market was pressured as traders […]
Tuesday, August 17th saw the front-month NYMEX Natural Gas Futures Contract open at $3.892, five cents below Monday’s closing price of $3.946. The price steadily fell throughout the day until […]
Recap: Oil futures pared earlier gains to slip for the fourth straight session on Tuesday, as surging cases of the coronavirus across the globe continue to paint a grim picture […]