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Thursday, January 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.482, six cents below Wednesday’s closing price of $2.539. Reaching an intraday high of $2.515 at 9:45AM, […]
Recap: It was a lackluster trading session for oil prices on Thursday despite an unexpected build in U.S. crude oil inventories as reported by the API. Oil futures ended mixed, […]
Wednesday, January 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.472, seven cents below Tuesday’s closing price of $2.546. Edging lower to mark a three-week intraday low […]
Recap: Oil futures crept higher on Wednesday, as Joe Biden was sworn in as the forty-sixth President of the United States, lifting hopes that he and his administration will roll out […]
Tuesday, January 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.571, a penny above Thursday’s closing price of $2.737. Losing ground over the long holiday weekend as […]
Recap: Oil futures traded higher on Tuesday, following a rise in equity markets and weakness in the dollar and discounting a cut in the International Energy Agency’s forecast for 2021 demand. […]
Fundamental News: IIR Energy reported that U.S. oil refiners are expected to shut in 3.7 million bpd of capacity in the week ending January 22nd, increasing available refining capacity by 191,000 […]
Friday, January 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.774, a penny above Thursday’s closing price of $2.666. Ascending to an intraday high of $2.800 by […]
Recap: Oil prices turned lower on Friday, as lockdowns in China fueled demand concerns due to coronavirus lockdowns. Demand woes tempered the rally driven by strong Chinese oil imports, the […]
Thursday, January 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.736, a penny above Wednesday’s closing price of $2.727. Ascending to $2.760 ahead of 10:00AM, prices jumped […]