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Recap: Oil prices opened the session trading at unchanged to slightly higher; however, the inability to break above Monday’s high sparked light technical selling, which became exacerbated by trade tensions […]
Monday, June 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.997, two cents below Friday’s closing price of $3.022. Fighting downward pressure to reach the intraday high […]
Recap: Trading was volatile on Monday, with oil prices slipping early in the session. July WTI fell as much as 2.3%, to a session low of $63.59 a barrel, while […]
Friday, June 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.000, nearly four cents above Thursday’s closing price of $2.965. Pushed higher overnight due to short-term above […]
Recap: Oil prices slipped for the fourth straight week, after reaching 3-1/2 year highs in May. Both Brent and WTI opened the session trading above unchanged, but the lack of […]
Recap: Oil prices were mixed on Thursday, with Brent being weighed down by the prospect key OPEC members and nonmembers would agree to boost output at the upcoming June 22 meeting, […]
Thursday, June 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.957, slightly below Wednesday’s closing price of $2.963. Trending upward as trading opened, prices rose gradually to […]
Recap: Oil prices were mixed right out of the gate, with Brent posting early gains, while WTI remained below unchanged. This scenario lasted up until the release of the EIA report, […]
Wednesday, June 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.960, two cents above Tuesday’s closing price of $2.939. Climbing to the $2.97 level near 9:30AM, yesterday’s […]
Recap: Oil prices traded below unchanged in predawn trading, reversing overnight gains. However, losses were short lived, with July WTI reverting back to the upside. After bottoming the session at […]