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On Tuesday, March 27th – settlement day for the April Contract – the front-month NYMEX Natural Gas Futures Contracts opened at $2.640, two cents above Monday’s closing price of $2.618. […]
Recap: Oil prices appear to have hit a level of exhaustion after Monday’s higher high and lower close, followed by Tuesday’s lower high. However, this does not indicate that additional upside […]
Recap: Oil prices fell on Monday, halting the rise that has occurred over the past 3 weeks. A failed attempt to take out the January high of $66.66 in May […]
Friday, March 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.591, nearly three cents below Thursday’s closing price of $2.617. Climbing from the one-month intraday low of […]
Recap: Oil price rose on Friday, spurred by the possibility OPEC could extend agreed upon output cuts into 2019. Prices opened the session trading slightly below unchanged only to edge […]
Recap: After rising to their highest level in seven weeks, oil prices, which had posted two straight days of gains, slipped on Thursday as traders took profits after attempts to […]
Thursday, March 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.651, more than a penny above Wednesday’s closing price of $2.638. Supported overnight by expectations of an […]
Recap: After opening the session just above unchanged, May WTI retreated, testing support provided by yesterday’s break above $63.55. A lack of failure to trade below this level validated its […]
Wednesday, March 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.694, nearly two cents above Tuesday’s closing price of $2.675. Rising to the intraday high of $2.697 […]
Recap: After opening close to the unchanged level, oil prices climbed steadily throughout the session, rising to their highest level in 3 weeks. The impetuses behind the move were tensions […]