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Tuesday, June 11th saw the front-month NYMEX Natural Gas Futures Contract open at $3.050, fourteen cents above Monday’s closing price of $2.906. Bolstered overnight by extended forecasts calling for above […]
Recap: The crude market on Monday rallied higher, recovering after three weeks of losses. The market was well supported by hopes of increasing fuel demand this summer. Goldman Sachs analysts […]
Monday, June 10th saw the front-month NYMEX Natural Gas Futures Contract open at $3.055, nearly fourteen cents above Friday’s closing price of $2.918. Trading above the $3.00 mark for the […]
Recap: The crude market on Friday ended lower and posted a third consecutive weekly loss of 1.9% after strong U.S. jobs data lowered expectations of the U.S. Federal Reserve cutting […]
Friday, June 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.844, two cents above Thursday’s closing price of $2.821. Dipping to the intraday low of $2.791 by […]
Recap: The oil market continued to trend higher on Thursday after the market broke its five-day selling spree on Wednesday on renewed hopes that the Federal Reserve would cut interest […]
Thursday, June 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.850, nine cents above Wednesday’s closing price of $2.757. Recording an intraday high of $2.877 at 9:35AM […]
Recap: The crude market on Wednesday traded off its four-month low posted on Tuesday as expectations of the Federal Reserve cutting interest rates in September outweighed the bearish oil inventory […]
Wednesday, June 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.670, eight cents above Tuesday’s closing price of $2.586. Recovering from Tuesday’s selloff, which traders are attributing […]
Recap: On Thursday, the crude market rallied higher following two consecutive days of losses as the market positioned itself ahead of the long Easter holiday weekend. It remained supported by […]