Search Results

September NYMEX Natural Gas Futures Contract Closed at $2.015 on Tuesday, August 6th

By Emily Beckett | August 7, 2024 | 0 Comments

Tuesday, August 6th saw the front-month NYMEX Natural Gas Futures Contract open at $1.969, three cents above Monday’s closing price of $1.942. Seeking direction throughout the morning, reaching an intraday […]

Follow Through Selling Seen in the Equities Market Amid Fears of a U.S. Recession

By Emily Beckett | August 6, 2024 | 0 Comments

Recap:  The oil market sold off sharply on Monday in follow through selling seen in the equities market amid fears of a U.S. recession. Its losses were however limited by […]

September NYMEX Natural Gas Futures Contract Closed at $1.942 on Monday, August 5th

By Emily Beckett | August 6, 2024 | 0 Comments

Monday, August 5th saw the front-month NYMEX Natural Gas Futures Contract open at $1.904, six cents below Friday’s closing price of $1.967. Ascending to the intraday high of $1.974 at […]

September NYMEX Natural Gas Futures Contract Closed at $1.967 on Friday, August 2nd

By Emily Beckett | August 5, 2024 | 0 Comments

Friday, August 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.983, two cents above Thursday’s closing price of $1.968. Making gains in the session’s opening hour to […]

Signs of Weak Economic Growth Outweighed Fears of Supply Disruption

By Emily Beckett | August 5, 2024 | 0 Comments

Recap:  The oil market on Friday continued to give up its recent gains and posted a fourth consecutive weekly decline, with a fall of 4.72% in the latest week. Signs […]

September NYMEX Natural Gas Futures Contract Closed at $1.968 on Thursday, August 1st

By Emily Beckett | August 2, 2024 | 0 Comments

Thursday, August 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.089, five cents above Wednesday’s closing price of $2.036. Trading within two cents of $2.095 through 10:30AM, […]

OPEC+’s Decision to Keep its Output Policy Unchanged

By Emily Beckett | August 2, 2024 | 0 Comments

Recap:  The oil market gave up its early gains on Thursday as it weighed OPEC+’s decision to keep its output policy unchanged, as expected, against the threat of a wider […]

The Oil Market Snapped a Three Day Losing Streak and Rebounded From Almost Eight Week Lows

By Emily Beckett | August 1, 2024 | 0 Comments

Recap:  The oil market snapped a three day losing streak and rebounded from almost eight week lows as it settled up 4.26% on Wednesday on increasing concerns of wider conflict […]

September NYMEX Natural Gas Futures Contract Closed at $2.036 on Wednesday, July 31st

By Emily Beckett | August 1, 2024 | 0 Comments

Wednesday, July 31st saw the front-month NYMEX Natural Gas Futures Contract open at $2.096, three cents below Tuesday’s closing price of $2.126. Recording the intraday high of $2.099 mere minutes […]

Reuters Survey Showed that China’s Manufacturing Activity Likely Fell for a Third Consecutive Month in July

By Emily Beckett | July 31, 2024 | 0 Comments

Recap:  The oil market continued to trend lower on Tuesday settling lower for the third consecutive session amid concerns over demand in China. Some disappointing economic news from China has […]