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Recap: The crude market on Wednesday retraced its previous losses amid concerns over the escalating tensions in the Middle East and a larger than expected draw in crude stocks. The […]
Tuesday, October 17th saw the front-month NYMEX Natural Gas Futures Contract open at $3.126, nearly two cents above Monday’s closing price of $3.109. Recording the intraday high of $3.127 within […]
Recap: The oil market traded lower on Tuesday as the market continued to watch events unfold in the Middle East. It traded lower in overnight trading before it posted the […]
Monday, October 16th saw the front-month NYMEX Natural Gas Futures Contract open at $3.184, five cents below Friday’s closing price of $3.236. Marking the intraday high of $3.154 minutes after […]
Recap: The oil market on Monday erased some of its earlier gains on reports that the U.S. and Venezuela could soon reach a deal to ease sanctions on Venezuela if […]
Friday, October 13th saw the front-month NYMEX Natural Gas Futures Contract open at $3.274, seven cents below Thursday’s closing price of $3.344. Jumping to the intraday high of $3.302 by […]
Recap: On Friday, the oil market rallied over 5%, breaking a three day losing streak, on fears that the conflict in Israel and Gaza could spill over into the wider […]
Recap: The crude market on Thursday sold off on large builds reported in the weekly petroleum stocks reports. The market remained pressured in overnight trading following the unexpected build in […]
Recap: The oil market on Tuesday sold off as fears of a disruption to supplies amid the conflict in the Middle East receded after Saudi Arabia pledged to help stabilize […]
Recap: The oil market posted an inside trading day as it took a breather following Monday’s volatility but remained cautious amid the military clashes between Israel and the Palestinian Islamist […]