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Recap: Oil futures extended their losses on Tuesday ahead of the meeting between OPEC and its allies, where they will decide whether or not to boost production levels. Traders were also […]
Monday, March 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.741, three cents below Friday’s closing price of $2.771. In a quiet day of trading, prices hovered […]
Recap: Oil futures traded higher in a mostly sideways pattern in overnight trading, but in a sign of exhaustion, fell below unchanged. Optimism over COVID-19 vaccines pushed April WTI to […]
Friday, February 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.731, four cents below Thursday’s closing price of $2.777. Falling to an intraday low of $2.707 by […]
Recap: A rise in the U.S. dollar combined with increasing concern over next week’s meeting between OPEC and other major producers, pushed oil futures lower on Friday. OPEC+ is expected to […]
Thursday, February 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.804, a penny above Wednesday’s closing price of $2.795. Falling to an intraday low of $2.766 by […]
Recap: Just one day after hitting their highest close in more than a year, WTI extended its gains, with April WTI reaching toward $64 a barrel, as U.S. crude oil inventories have […]
Wednesday, February 24th – settlement day for the March contract – saw the front-month NYMEX Natural Gas Futures Contract open at $2.852, nearly three cents below Tuesday’s closing price of […]
Recap: Oil futures marked a 13-month high on Wednesday, after the EIA reported a more than 1 million barrel per day decline in U.S. crude oil production during the deep freeze […]
Tuesday, February 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.889, five cents below Monday’s closing price of $2.953. Achieving an intraday high of $2.950 at 9:20AM […]