Wednesday, August 1st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.771, nearly two cents below Tuesday’s closing price $2.782. Weighing continued forecasts for the return of above-average […]
Tuesday, July 31st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.811, slightly above Friday’s closing price $2.797. Stepping higher as markets opened, the weather-induced rally drove prices […]
Recap: Oil prices retreated from 3 week highs as concerns regarding supply constraints eased. WTI slipped as much as 2.3%, as it fell back below $69.00 a barrel, while Brent […]
Recap: Despite a Reuters survey showing that OPEC increased production by 70,000 barrels per day during the month of July, oil prices rose, with WTI settling above $70 a barrel […]
On Monday, July 30th – the September NYMEX Natural Gas Futures Contracts began trading as the prompt month. Opening at $2.785, slightly above Friday’s closing price $2.782, prices slipped downward […]
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Recap: Oil prices slipped on Friday, pressured by a falling U.S. equities market, but despite daily losses, both blends finished up on the week. Prices couldn’t gain enough momentum off […]
On Friday, July 27th – settlement day for the August Contract —the front-month NYMEX Natural Gas Futures Contracts opened at $2.805, three cents above Thursday’s closing price of $2.773. Unsettled […]
Thursday, July 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.780, slightly above Wednesday’s closing price of $2.775. The contract slipped to the intraday low of $2.769 […]
Recap: Oil prices rose for the third straight session, getting a boost as Saudi Arabia temporarily stopped crude shipments through the Bab el-Mandeb strait in the Red Sea after accusing Iran […]