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Wednesday, September 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.542, four cents below Tuesday’s closing price of $2.580. Searching for direction early on, prices rose above […]
Recap: Oil prices fell more than 2% on Wednesday after a report that President Trump is considering easing sanctions on Iran, which could increase global crude oil supplies. A weaker demand […]
Tuesday, September 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.642, six cents above Monday’s closing price of $2.585. Extending to reach another multi-month intraday high of […]
Recap: U.S. oil futures turned lower Tuesday, as traders bet that the departure of U.S. National Security Adviser John Bolton will ease tensions with Iran, potentially leading to the lifting […]
Monday, September 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.520, two cents above Friday’s closing price of $2.496. Posting a similar pattern to Friday’s activity, prices […]
Recap: Oil prices rose more than 2% on Monday after the new Saudi energy minister reiterated his country’s commitment to OPEC+ and its policy of limiting crude oil output to […]
Friday, September 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.422, a penny below Thursday’s closing price of $2.435. Finding continued support early on from the short-covering […]
Recap: After falling as much as 2.6%, oil prices reversed to the upside on Friday after the Baker Hughes report indicated the number of active rigs in the U.S. declined […]
Thursday, September 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.431, a penny below Wednesday’s closing price of $2.445. Following a jump above $2.450 as markets opened, […]
Recap: A rally in oil futures faded by the end of Thursday’s trading session, prompting U.S. prices to erase nearly all of their earlier gains as plans for U.S.-China trade […]