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Monday, August 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.123, just below Friday’s closing price of $2.128. Soon after open, prices spiked to hit an intraday […]
Recap: Oil prices erased early losses on Monday as Saudi Arabia and Kuwait hinted at the possibility of additional output cuts. This pushed fears of a global economic slowdown backstage […]
Friday, August 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.068, six cents below Thursday’s closing price of $2.128. Following a selloff prior to the opening bell, […]
Recap: Oil prices continued to rebound on Friday, supported by a drop in European inventories and expectations OPEC would increase output cuts despite the IEA reporting demand growth at its […]
Recap: Oil jumped more than 3% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of […]
Thursday, August 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.108, more than two cents above Wednesday’s closing price of $2.083. Falling to an intraday low of […]
Recap: Oil prices fell more than 5% on Wednesday to fresh 7-month lows following an unexpected expansion in U.S. crude oil inventories and on heightened trade tensions between the U.S. […]
Wednesday, August 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.124, a penny above Tuesday’s closing price of $2.111. Catching the downside of a pre-session rally, prices […]
Recap: Crude oil prices turned lower on Tuesday, giving up early gains after the stock market pared its recovery and, as traders weighed in on the effect trade tensions between […]