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Recap: After falling in overnight trading, WTI rebounded, hitting a high of $61.99 on Friday, its highest level in a week. The up move was fueled by a weaker dollar, […]
Thursday, February 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.569, two cents below Wednesday’s closing price of $2.587. Struggling to regain overnight losses through 10:30AM, a […]
Recap: Oil prices slipped in overnight trading however, WTI gained has the dollar weakened while Brent came under pressure as OPEC lead production cuts remain overshadowed by robust U.S. production. […]
Wednesday, February 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.562, three cents below Tuesday’s closing price of $2.594. Recovering to the $2.60 level soon after markets […]
Recap: What started out to look like another down day for oil prices, was quickly reversed after the EIA report indicated U.S. crude oil stocks had increased less than expected […]
Tuesday, February 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.611, six cents above Monday’s closing price of $2.552. With little to no support from market fundamentals, […]
Recap: Citing ever mounting U.S. shale production, the IEA raised its forecast for non-OPEC production, which in turn put pressure on oil prices early in the session. March WTI fell […]
Monday, February 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.550, three cents below Friday’s closing price of $2.584. Continuing last week’s downward trend in pre-market trading, […]
Recap: Oil prices rebounded along with global equities, which, last week, experienced their largest decline in two years. The rebound came as the dollar weakened and after OPEC raised its oil […]
Friday, February 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.645, five cents below Thursday’s closing price of $2.697. With forecasts calling for above-average temperatures to settle […]