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Recap: The crude market on Friday traded higher as U.S. Federal Reserve Chair Jerome Powell signaled that interest rate cuts would be among the central bank’s priorities in the next […]
Friday, August 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.020, three cents below Thursday’s closing price of $2.053. In an uneventful day of trading, prices tallied […]
Thursday, August 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.194, just below Tuesday’s closing price of $2.177. Carrying over the previous day’s weather-induced bearish momentum, prices […]
Recap: The oil market on Thursday posted an inside trading day as the market steadied following four days of declines on concerns over the global demand outlook. The market rebounded […]
Recap: The oil market traded lower on Wednesday following a downward revision to U.S. employment growth and outweighed the session’s early gains attributed to the draws in crude and products […]
Wednesday, August 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.194, just below Tuesday’s closing price of $2.198. Extending to the intraday high of $2.210 ahead of […]
Have you ever noticed that the roads are much more populated in the summer months than in the winter? Economically, with increased demand for fuel to keep families and businesses […]
Recap: The oil markets acted nervously on Tuesday. While the overriding theme in the markets continued to be the economic malaise in China and the potential progress in a ceasefire […]
Tuesday, August 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.225, a penny below Monday’s closing price of $2.235. Pulling back prior to the opening bell, the […]
Recap: While the oil markets were on the defensive at the start of trading Sunday night and into early Monday, based on the economic malaise that continued to be reflected […]