Search Results
Thursday, May 31st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.927, four cents above Wednesday’s closing price of $2.885. Stepping higher overnight as bullish weather forecasts look […]
Recap: WTI reversed 5 straight days of declines, as Russia’s central bank cautioned against plans to boost output and on forecasts calling for a decline in U.S. crude oil inventories. […]
On Wednesday, May 30th – the July NYMEX Natural Gas Futures Contracts began trading as the prompt month. Opening at $2.895, a penny below Tuesday’s closing price of $2.903, the […]
Recap: Last week’s slide in oil prices continued on Tuesday, with WTI falling as much as 3 percent, as hedge funds gave up on bets that prices had more upside potential. […]
On Tuesday, May 29th – settlement day for the June Contract – the front-month NYMEX Natural Gas Futures Contracts opened at $2.878, roughly six cents below Friday’s closing price of […]
Fundamental News: Russia’s Energy Minister, Alexander Novak, said that the process of easing global oil output cuts will likely be a gradual one. He discussed the issue earlier on Friday with […]
Recap: Oil prices slipped for the third straight session on growing expectations that OPEC will increase its output to alleviate any shortfalls due to U.S. imposed sanctions against Iran and dwindling […]
Thursday, May 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.915, nearly flat to Wednesday’s closing price of $2.914. Lacking any significant activity ahead of the 10:30AM […]
Recap: Oil prices slipped on Wednesday after the EIA reported an unexpected build in U.S. crude oil and gasoline inventories. The possibility that OPEC may increase output to make up for […]
Wednesday, May 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.907, nearly flat to Tuesday’s closing price of $2.908. Fueled by continued expectations for short-term above average […]