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Recap: The oil market gave up its early gains on Thursday as it weighed OPEC+’s decision to keep its output policy unchanged, as expected, against the threat of a wider […]
Recap: The oil market snapped a three day losing streak and rebounded from almost eight week lows as it settled up 4.26% on Wednesday on increasing concerns of wider conflict […]
Wednesday, July 31st saw the front-month NYMEX Natural Gas Futures Contract open at $2.096, three cents below Tuesday’s closing price of $2.126. Recording the intraday high of $2.099 mere minutes […]
Recap: The oil market continued to trend lower on Tuesday settling lower for the third consecutive session amid concerns over demand in China. Some disappointing economic news from China has […]
Tuesday, July 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.017, two cents below Monday’s closing price of $2.036. Slipping to an intraday low of $1.992 at […]
Recap: The oil market on Monday sold off sharply after Israeli officials said they wanted to avoid the widening of conflict in the Middle East as it responded to a […]
Monday, July 27th, settlement day for the August contract, saw the front-month open at $2.038, three cents above Friday’s closing price of $2.006. Facing bearish pressure from steady production and […]
Recap: The NYMEX oil futures markets, while finishing lower Friday, basically remained mired in a trading range that the crude oil, heating oil and gasoline contracts have been contained in […]
Friday, July 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.035, nearly a penny below Thursday’s closing price of $2.041. Trading sideways along $2.025 for the majority […]
Recap: The oil market ended the session higher after it posted an outside trading day on Thursday. In overnight trading, the market gave back some of Wednesday’s gains following the […]