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Recap: The oil market posted gains for the sixth consecutive week of 2.78% as it remained in its upward trending channel. The market on Friday remained well supported by the […]
Thursday, August 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.529, five cents above Wednesday’s closing price of $2.477. Picking up ground overnight as traders squared their […]
Recap: The oil market rallied higher on Thursday following the news that Saudi Arabia was extending its voluntary output cut of 1 million bpd by one month to the end […]
Wednesday, August 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.513, five cents below Tuesday’s closing price of $2.560. Recording the intraday high of $2.520 within minutes […]
Recap: The oil market posted an outside trading day and sold off sharply after Fitch downgraded the U.S. government’s top credit rating to AA+ from AAA. The market breached its […]
Tuesday, August 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.560, seven cents below Monday’s closing price of $2.634. Healthy storage levels and a break in intense […]
Recap: On Tuesday, the oil market posted an inside trading day as traders took profits after it continued to trend higher in its upward trending channel on Monday. The market’s […]
Monday, July 31st saw the front-month NYMEX Natural Gas Futures Contract open at $2.612, nearly three cents below Friday’s closing price of $2.638. Falling to the intraday low of $2.605 […]
Recap: The oil markets finished higher on Monday marking the third straight trading session of price gains. The September Brent, which expired today, finished the trading session up 0.7% at $85.56 […]
Friday, July 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.655, six cents above Thursday’s closing price of $2.595. Ascending to reach the intraday high of $2.685 […]