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Tuesday, November 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.517, five cents below Monday’s closing price of $2.566. Slipping lower overnight once again, bearish forecasts for […]
Recap: Oil futures fell for a second day on Tuesday, with December WTI slipping toward key support set at $55.00 and January Brent falling below $61.00 a barrel. Pressure was […]
Monday, November 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.588, roughly two cents above Friday’s closing price of $2.688. Dropping nearly 4% over the weekend, seasonal […]
Recap: Following last week’s gains, the oil market remained well supported in overnight trading on hopes for a trade deal between the US and China and the expectations that OPEC […]
Friday, November 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.671, roughly two cents above Thursday’s closing price of $2.647. Descending into the session’s opening hour to […]
Recap: Oil futures climbed on Friday to turn higher for the week, with optimism over phase one of a potential U.S.-China trade deal lifting prospects for energy demand, even as traders […]
Thursday, November 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.678, nearly eight cents above Wednesday’s closing price of $2.600. Stepping lower early on, following the overnight […]
Recap: Crude oil prices pared early gains after the EIA reported a larger than expected build in U.S. crude oil inventories. For the week ending November 8, U.S. crude oil inventory […]
Wednesday, November 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.594, three cents below Tuesday’s closing price of $2.621. In an uneventful day of trading, prices fluctuated […]
Recap: Oil prices climbed higher on Wednesday, erasing two days of losses after OPEC said it saw no signs of global recession and that U.S. shale oil production could grow by […]