Recap: Oil prices continued to move higher, gaining support from the 4.95 million barrel draw in U.S. crude oil inventories, but the higher move was contained by the larger than expected […]
Wednesday, January 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.944, two cents above Tuesday’s closing price of $2.923. A sluggish climb brought the contract to the […]
Recap: With expectations that U.S. crude oil inventories fell for the eighth straight week, WTI rose to its highest level since December 2014 and Brent reached a new 2.5 year high. […]
Tuesday, January 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.882, five cents above Monday’s closing price of $2.835. Prices gradually took steps downward in the opening hours […]
Recap: Activity in the oil markets was subdued on Monday, with prices caught between rising U.S. production, political tensions in Iran and OPEC production cuts. Both Brent and WTI traded on […]
Monday, January 8th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.828, three cents above Friday’s closing price of $2.795. The intraday high peaked at $2.851 by 9:10 […]
Friday, January 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.776, nearly ten cents below Thursday’s closing price of $2.880. Marking the intraday low right of the gate, […]