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Wednesday, December 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.422, eight cents below Monday’s closing price of $2.492. Ascending to the intraday high of $2.539 by […]
Recap: The oil market on Wednesday traded lower in light of the EIA report showing an unexpected build in crude stocks on the week, with record U.S. oil output and […]
Tuesday, December 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.422, eight cents below Monday’s closing price of $2.503. Continuing the pre-session downward momentum due to heating […]
Recap: The oil market traded higher but posted an inside trading day as it failed to breach Monday’s $3.60 trading range. While the attacks by Yemen’s Houthi rebels on vessels traveling […]
Monday, December 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.570, eight cents above Friday’s closing price of $2.491. Continuing Friday’s rally, as additional heating demand was […]
Recap: The oil market rallied higher on Monday amid the escalating tensions in the Middle East due to recent attacks on ships crossing the Red Sea. The market traded sideways within […]
Friday, December 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.444, five cents above Thursday’s closing price of $2.392. Recording the intraday low of $2.417 by 9:15AM, […]
Recap: The oil market posted an inside trading day and posted its first weekly gain in almost two months. In a see-saw session, the market posted a high of $72.22 early […]
Thursday, December 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.382, five cents above Wednesday’s closing price of $2.335. Finding support early on thanks to a cooler […]
Recap: The crude market on Thursday extended Wednesday’s gains and continued to retrace its previous losses. The market was well supported by a weaker dollar and as the IEA increased its […]