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Recap: The oil market continued to trend higher amid the continuing conflict in the Middle East. The market was further supported as OPEC stuck to its forecast for relatively strong […]
Monday, February 12th saw the front-month NYMEX Natural Gas Futures Contract open at $1.829, two cents below Friday’s closing price of $1.847. Achieving an intraday high of $1.863 by 10:00AM, […]
Recap: The crude market ended slightly higher after traders took some profits following last week’s rally. The oil market erased some of its previous gains amid the news that the […]
Friday, February 9th saw the front-month NYMEX Natural Gas Futures Contract open at $1.871, nearly five cents below Thursday’s closing price of $1.917. Posting a meager ascent to tally the […]
Recap: The oil market continued to trend higher on Friday for the fifth consecutive session and settled up 6% on the week amid the concerns over broadening tensions in the […]
Thursday, February 8th saw the front-month NYMEX Natural Gas Futures Contract open at $1.942, two cents below Wednesday’s closing price of $1.967. Trading along the $1.940 level heading into the […]
Recap: The oil market remained well support and rallied over 2.8% on Thursday amid the news of Israel’s rejection of a ceasefire offer from Hamas. On Wednesday, Israel’s Prime Minister […]
Wednesday, February 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.039, three cents above Tuesday’s closing price of $2.009. Once again recording the intraday high within minutes […]
Recap: The crude market posted a high of $74.22 in early morning trading before it erased some of its gains ahead of the release of the EIA’s weekly petroleum stocks […]
Tuesday, February 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.052, three cents below Monday’s closing price of $2.082. Recording the intraday high of $2.053 within minutes […]