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Recap: Crude oil continues to experience wild swings, as investors grapple with an oversupplied market amid U.S. lead sanctions against Iran and possible production cuts from OPEC. U.S. oil gapped […]
Monday, November 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.518, nearly twenty-five cents above Friday’s closing price of $4.272. Trending modestly lower to find the intraday […]
Recap: U.S. crude oil closed in on the $58.00 level in early trading, but was unable to sustain strength. By midday, December WTI fell below unchanged, posting a session low […]
Friday, November 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.145, eleven cents above Thursday’s closing price of $4.038. In a week where the contract nearly eclipsed […]
Recap: Crude oil prices continued to bounce from the extreme sell-off made earlier in the week despite the 10.3 million barrel build in U.S. crude oil inventories as reported by […]
Thursday, November 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.559, twenty-eight cents below Wednesday’s closing price of $4.837. Jumping to the intraday high of $4.602 shortly […]
Wednesday, November 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.591, forty-nine cents above Tuesday’s closing price of $4.101. Spanning a twenty-four cent range during the day’s […]
Recap: Oil prices recovered on Wednesday, stemming the longest losing streak on record. After opening the session below unchanged, prices broke to the upside in early morning trading as traders weighed […]
Tuesday, November 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.961, roughly seventeen cents above Monday’s closing price of $3.788. Slipping to the intraday low of $3.921 […]
Recap: The oil markets continued to be in an unrelenting downward spiral for the 12th consecutive trading session Tuesday, as speculative traders continued flee this market. The U.S. oil markets […]