Recap: The oil market rallied sharply higher and posted a third consecutive week of gains amid concerns of potential supply disruptions due to further sanctions imposed against Russia. The market […]
Friday, January 10th saw the front-month NYMEX Natural Gas Futures Contract open at $3.910, up $0.209 compared to Thursday’s closing price of $3.701. Bolstered by weather models finding common ground […]
Recap: The oil market on Thursday traded higher as the market was supported by increased winter fuel demand, shrugging off the latest weekly inventory reports showing large builds in product […]
Thursday, January 9th saw the front-month NYMEX Natural Gas Futures Contract open at $3.663, up $0.012 compared to Wednesday’s closing price of $3.651. Recording the intraday low of $3.655, prices […]
Recap: The oil market traded lower on Wednesday in light of large builds in U.S. oil product stocks, reversing early gains from tightening supplies from Russia and other OPEC members. […]
Wednesday, January 8th saw the front-month NYMEX Natural Gas Futures Contract open at $3.568, up $0.119 compared to Tuesday’s closing price of $3.449. Ticking higher overnight as forecasts remain supportive, […]
Recap: The oil market ended the session higher on Tuesday after it reversed its early declines. The market was supported by the near term weather forecasts calling for frigid weather […]
Tuesday, January 7th saw the front-month NYMEX Natural Gas Futures Contract open at $3.544, down $0.128 compared to Monday’s closing price of $3.672. With widespread cold and impending OFO’s already […]
Monday, January 6th saw the front-month NYMEX Natural Gas Futures Contract open at $3.684, up $0.330 compared to Friday’s closing price of $3.354. Recording the intraday high of $3.726 within […]
Recap: The oil market ended the session lower on Monday after it gave up some of its previous sharp gains after being in technically overbought territory over the last few […]