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Thursday, May 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.937, nearly even to Wednesday’s closing price of $2.938. Trading along either side of $2.940 heading into […]
Recap: Oil futures fell from early gains, as the rising number of COVID-19 cases in India continues to overshadow the huge decrease in U.S. crude oil inventories. Hopes that India's deadly […]
Wednesday, May 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.964, nearly even to Tuesday’s closing price of $2.967. Ascending to $2.975 early on, prices slipped to […]
Recap: Oil futures turned lower just ahead of the settlement period, reversing early gains made after the EIA reported a 7.99 million barrel draw in U.S. crude oil inventories. Stronger refinery […]
Tuesday, May 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.993, three cents above Monday’s closing price of $2.966. Recording an intraday high of $2.995 within minutes […]
Recap: Oil prices added to their gains on Tuesday, as more states in the U.S. eased COVID19 restrictions, and as the European Union plans to allow foreign visitors who have been […]
Monday, May 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.908, two cents below Friday’s closing price of $2.931. Marking the intraday low of $2.902 soon after […]
Recap: Oil futures rebounded on Monday, as traders became more confident that an economic recovery in the U.S. and China would overshadow falling demand out of India, as that country continues […]
Recap: Oil prices were bumped off of a six week high after Japanese import data and the increasing number of COVID-19 cases in India scared traders out of long positions. […]