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Thursday, February 8th saw the front-month NYMEX Natural Gas Futures Contract open at $1.942, two cents below Wednesday’s closing price of $1.967. Trading along the $1.940 level heading into the […]
Recap: The oil market remained well support and rallied over 2.8% on Thursday amid the news of Israel’s rejection of a ceasefire offer from Hamas. On Wednesday, Israel’s Prime Minister […]
Wednesday, February 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.039, three cents above Tuesday’s closing price of $2.009. Once again recording the intraday high within minutes […]
Recap: The crude market posted a high of $74.22 in early morning trading before it erased some of its gains ahead of the release of the EIA’s weekly petroleum stocks […]
Tuesday, February 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.052, three cents below Monday’s closing price of $2.082. Recording the intraday high of $2.053 within minutes […]
Recap: On Tuesday, the oil market maintained an upward momentum as the market awaited the result of U.S. Secretary of State Antony Blinken’s efforts to de-escalate the situation in the […]
Monday, February 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.058, two cents below Friday’s closing price of $2.079. Recording the intraday low of $2.051 within minutes […]
Recap: The oil market retraced some early losses as it weighed economic news against concerns over the tension in the Middle East. The market traded lower in overnight trading after […]
Friday, February 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.047, nearly even to Thursday’s closing price of $2.050. Recording the intraday low at the opening bell […]
Recap: The oil market extended its losses to over 2.7% on Friday morning as it traded as strong U.S. jobs data diminished the odds of interest rate cuts in the […]