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Thursday, September 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.183, eight cents below Wednesday’s closing price of $2.267. Falling dramatically in the day’s opening hour, prices […]
OPEC+’s regularly scheduled monthly joint committee meeting sent oil prices skyrocketing on Thursday
Recap: Strong words out of OPEC+’s regularly scheduled monthly joint committee meeting sent oil prices skyrocketing on Thursday, as its members reassured the oil industry that it was committed to […]
Wednesday, September 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.333, three cents below Tuesday’s closing price of $2.362. Trading slightly higher to record an intraday high […]
Recap: Oil futures climbed more than 4% on Wednesday after the EIA reported a 4.4 million barrel draw in U.S. crude oil inventories, while Hurricane Sally curtailed production in the Gulf […]
Tuesday, September 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.328, two cents above Monday’s closing price of $2.310. Ascending from an intraday low of $2.304 near […]
Recap: Oil futures rose on Tuesday, getting a boost from supply disruptions due to Hurricane Sally, which shut in more than a quarter of offshore crude production in the Gulf […]
Monday, September 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.368, ten cents above Friday’s closing price of $2.269. Climbing to an intraday high of $2.385 soon […]
Recap: The trading session on Monday was subdued as demand concerns tied to the pandemic eclipsed any damage concerns due to Hurricane Sally, which is approaching the Gulf of Mexico, […]
Friday, September 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.294, three cents below Thursday’s closing price of $2.323. Jumping to an intraday high of $2.335 within […]
Recap: Crude oil markets fell for the second straight week, with both Brent and WTI breaking down below $40 a barrel. This was the first consecutive weekly decline since April, […]