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On Tuesday, February 27th – the April NYMEX Natural Gas Futures Contracts began trading as the prompt month. Opening at $2.652, three cents below Monday’s closing price of $2.686, traders […]
Recap: The oil market opened 15 cents higher and quickly posted a high of $64.08 before it started to erase its previous gains. The oil market seemed to have been […]
Recap: Oil prices continued their upward route on Monday, rising to a three-week high, supported by OPEC’s commitment to output cuts, supply disruptions in Libya and by strong U.S. demand. […]
Friday, February 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.579, five cents below Thursday’s closing price of $2.634. Slipping to notch the intraday low of $2.576 […]
Recap: Oil prices finished higher for the second straight week, tacking on more than 3%, gaining support from falling Libyan production, bullish rhetoric from Saudi Arabia’s energy minister and a decline […]
Thursday, February 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.641, two cents below Wednesday’s closing price of $2.659. Climbing to seesaw along the $2.65 mark through […]
Recap: Oil prices, which were heading lower early in the session, reversed course after the release of the EIA report, which indicated U.S. crude oil stocks fell 1.6 million. In […]
Recap: Oil prices headed lower early in the session on Wednesday, following a mixed move on Thursday. The ease came as the dollar strengthened amid expectations that U.S. crude oil […]
Wednesday, February 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.647, three cents above Tuesday’s closing price of $2.616. Building upon the previous day’s gains, the under-valued […]
Recap: Oil prices were mixed on Tuesday, with Brent coming under pressure as maintenance gets under way in that region and with WTI increasing on concerns of tighter supplies out […]