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Thursday, August 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.161, a penny above Wednesday’s closing price of $2.152. Seeking direction through the day’s opening ninety minutes, […]
Recap: The oil market was on the defensive Thursday due in part to the release of IEA latest market outlook. The IEA reduced its 2020 oil demand forecast by 140,000 […]
Wednesday, August 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.137, nearly four cents Tuesday’s closing price of $2.171. Slipping to an intraday low of $2.085 by […]
Recap: The oil markets finished higher Wednesday, led by the gasoline market which finished up 3.3% followed by a 2.5% and a 1.5% gain recorded respectively in crude oil and […]
Tuesday, August 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.163, a penny above Monday’s closing price of $2.153. Ascending to an intraday high of $2.201 shortly […]
Recap: The oil markets over night and early this morning were supported by the news that Russia claimed it was the first country to grant regulatory approval to a COVID-19 […]
Monday, August 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.212, two cents below Thursday’s closing price of $2.238. Ascending to an intraday high of $2.223 by […]
Recap: Like most commodity and equity markets today, the oil markets finished the day higher finding support from positive economic news coming out of China earlier in the day, as […]
Friday, August 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.191, three cents above Thursday’s closing price of $2.165. Seeking direction early on as the contract traded […]
Recap: Oil futures traded lower on Friday as tensions between the U.S. and China heated after President Trump imposed a ban on dealings with the owners of TikTok and WeChat, […]