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Recap: Oil prices fell further on Friday, weighed down by overflowing inventories, ahead of the upcoming OPEC meeting. November was the weakest month in ten years for oil prices, falling […]
Recap: The oil market on Thursday continued to trade lower and breached the $50 level for the first time since October 2017. The market posted a low of $49.41 as […]
On Thursday, November 29th – the January NYMEX Natural Gas Futures Contracts began trading as the prompt month. Opening at $4.558, fourteen cents below Wednesday’s closing price of $4.699, prices […]
Recap: In its initial reaction to the larger than expected 3.6 million barrel build in U.S. crude oil inventories, January WTI slipped to a fresh session low of $50.61, only […]
On Wednesday, November 28th – settlement day for the December contract – the front-month NYMEX Natural Gas Futures Contracts opened at $4.407, nearly fifteen cents above Tuesday’s closing price of […]
Recap: Oil prices were all over the place on Tuesday as traders grappled with record Saudi production and expectations that oil exporters could agree to cut production at the upcoming OPEC […]
Tuesday, November 27th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.192, roughly five cents below Monday’s closing price of $4.248. Slipping to the intraday low of $4.111 […]
Recap: After slipping to their lowest level in 13 months, U.S. oil prices posted their largest one day gain in eight weeks, with the January contract tipping the session at […]
Monday, November 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.064, twenty-four cents below Friday’s closing price of $4.308. Clawing its way up from the intraday low […]
Recap: After falling to levels not seen in months, oil prices recovered on Wednesday, after the EIA report reflected strong demand for gasoline and diesel. In its immediate reaction to […]