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Recap: Oil prices began the session trading slightly above unchanged, gradually moving higher in overnight trading. Across the board declines in U.S. petroleum stocks halted an early morning retreat, propelling […]
This weeks inventory report is expected to show a draw of 1.4 million barrels in US crude oil stocks
Recap: The absence of new fundamentals in the world of oil fostered additional retreats from last week’s move to a three year high. After opening slightly above unchanged, May WTI […]
Tuesday, April 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.747, slightly below Monday’s closing price of $2.752. Prices sank to the intraday low of $2.734 as […]
Recap: Oil prices opened the session trading unchanged, but gradually lost ground as concern over airstrikes in Syria began to ease. May WTI fell 2 cents shy of reaching Friday’s […]
Monday, April 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.764, three cents above Friday’s closing price of $2.735. Rising confidently in pre-market trading and continuing upward […]
Recap: Following Thursday’s inside trading, the oil market on Friday traded higher ahead of the weekend. The market opened 11 cents higher at $67.18 and traded mostly sideways before it […]
Friday, April 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.715, three cents above Thursday’s closing price of $2.686. Supported by short-covering and an increase in consumption […]
Recap: The crude oil market posted an inside trading day, but remained near its highs last seen in December 2014 on geopolitical risks. The market was supported by worries over military […]
Thursday, April 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.693, nearly two cents above Wednesday’s closing price of $2.675. Climbing initially to the intraday high of […]
Recap: The oil market continued to trend higher on Wednesday and traded to its highest level since late 2014 amid rising tensions in the Middle East. The market opened up […]