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Recap: After trading slightly higher in overnight trading, oil prices reversed course and fell to their lowest level in 17-months, as traders squared books ahead of the upcoming Christmas Holiday […]
Recap: Oil prices fell 5% on Thursday, reaching their lowest level in a year. Prices tumbled as the stock market sank amid heightened concern over the global economy and its […]
Thursday, December 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.898, seventeen cents above Wednesday’s closing price of $3.726. A quick jump to the intraday high of […]
Recap: After falling over 7% the previous session, oil prices rose Wednesday in response to the EIA report, which reflected a draw of 497,000 barrels in U.S. crude oil inventories. […]
Wednesday, December 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.650, nearly nineteen cents below Tuesday’s closing price of $3.838. Unable to sustain Tuesday’s growth, as it […]
Recap: Crude oil prices plummeted on Tuesday on signs of a weakening global economy, amidst increasing inventories and forecasts of record U.S. and Russian output. WTI fell as much as 8.1 […]
Tuesday, December 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.697, seventeen cents above Monday’s closing price of $3.528. Slipping to the intraday low of $3.652 as […]
Recap: After rising earlier in the session, oil prices plunged on Monday, as stocks fell amid growing concern over global economic growth and its impact on demand, while supplies in […]
Monday, December 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.681, nearly fifteen cents below Friday’s closing price of $3.827. Continuing Friday’s freefall over the weekend as […]
Recap: Oil prices fell on Friday, pressured by weak economic data out of China, falling equity markets and a stronger dollar. January WTI fell as much as 3%, hitting a […]