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Tuesday, November 16th saw the front-month NYMEX Natural Gas Futures Contract open at $5.196, eighteen cents above Monday’s closing price of $5.017. Following expectations for increased heating demand in the […]
Recap: Oil futures reversed early gains on Tuesday after the Federal Reserve Bank of St. Louis said the central bank should speed up its reduction of monetary stimulus in response […]
Monday, November 15th saw the front-month NYMEX Natural Gas Futures Contract open at $4.784, a penny below Friday’s closing price of $4.791. Tallying the intraday low of $4.781 within the […]
Recap: Oil futures fell during most of Monday’s session as pressure continues to mount on the Biden administration to release oil from the Strategic Petroleum Reserves and as Saudi Arabia and […]
Friday, November 12th saw the front-month NYMEX Natural Gas Futures Contract open at $5.044, ten cents below Thursday’s closing price of $5.149. Persistent mild temperatures and steady production provided downward […]
Recap: Oil futures continued to slide on Friday, in what was a choppy trading session as traders booked profits and squared positions ahead of the weekend. Strength in the U.S. […]
Thursday, November 11th saw the front-month NYMEX Natural Gas Futures Contract open at $4.942, six cents above Wednesday’s closing price of $4.880. Tallying the intraday low of $4.901 twice in […]
Recap: Oil futures held steady on Thursday, as traders coped with strength in the US dollar, concerns over increasing US inflation, and after OPEC cut its 2021 forecast due to high […]
Wednesday, November 10th saw the front-month NYMEX Natural Gas Futures Contract open at $4.764, twenty-one cents below Tuesday’s closing price of $4.979. Falling to an intraday low of $4.725 by […]
Recap: Oil futures retreated from two-week highs on Wednesday after the EIA reported a 1 million barrel build in U.S. crude oil inventories and after President Joe Biden said his administration […]