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Friday, October 29th saw the front-month NYMEX Natural Gas Futures Contract open at $5.615, seventeen cents below Thursday’s closing price of $5.782. Attaining an intraday high of $5.626 by 9:20AM, […]
Recap: Oil futures reversed early losses on Friday, garnering support on expectations that the Organization of the Petroleum Exporting Countries, Russia and their allies, known as OPEC+, would maintain production […]
Thursday, October 28th saw the front-month NYMEX Natural Gas Futures Contract open at $5.910, twenty-nine cents below Wednesday’s closing price of $6.198. Losing ground before the opening bell, demand concerns […]
Recap: Oil futures rebounded after selling off early in the session on Thursday, as it appears to be trying to recover and resume its upside move. In WTI, the $80 area […]
Wednesday, October 27th –settlement day for the November contract–saw the front-month NYMEX Natural Gas Futures Contract open at $6.055, seventeen cents above Tuesday’s closing price of $5.882. Falling to an […]
Recap: Oil futures came under pressure on Wednesday following the release of the EIA report, which showed a 4.3 million barrel increase in U.S. crude oil inventories. Analysts were expecting a […]
Tuesday, October 26th saw the front-month NYMEX Natural Gas Futures Contract open at $5.795, ten cents below Monday’s closing price of $5.898. Slipping to an intraday low of $5.595 by […]
Recap: Oil futures bounced off of session lows in early morning trading on Tuesday, but lacked the momentum to recapture fresh seven year highs made on Monday. An early gain in […]
Monday, October 25th saw the front-month NYMEX Natural Gas Futures Contract open at $5.652, thirty-seven cents above Friday’s closing price of $5.280. Marking the intraday low of $5.612 within minutes […]
Recap: Oil futures initially rallied on Monday, hitting their highest level in seven years, as global supplies remain tight amid rising demand as economies recover from the coronavirus pandemic that stretches […]