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Recap: The oil market on Monday traded lower and remained within last Wednesday’s trading range as traders awaited this week’s OPEC+ meeting. Last week, the market tumbled when OPEC+ decided […]
Recap: The oil market sold off sharply on Wednesday after OPEC+ producers delayed their scheduled meeting from Sunday until November 30th, signaling disunity among the producer group. While the group […]
Tuesday, November 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.892, a penny above Monday’s closing price of 2.882. Trading gradually higher throughout the morning, weather models […]
Recap: The oil market on Tuesday consolidated its trading following back to back gains as traders turned cautious ahead of this week’s EIA crude stocks report and Sunday’s OPEC+ meeting. The […]
Monday, November 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.888, seven cents below Friday’s closing price of $2.960. Ascending gradually to reach an intraday high of […]
Recap: The oil market continued to retrace last week’s losses on Monday as the market looked ahead to this weekend’s OPEC meeting scheduled for November 26th. The market traded higher in […]
Friday, November 17th saw the front-month NYMEX Natural Gas Futures Contract open at $3.002, six cents below Thursday’s closing price of $3.062. Recording the intraday high of $3.004 out of […]
Recap: The oil market posted an inside trading day on Friday and settled higher but still posted its fourth consecutive week of losses. The market retraced some of its sharp […]
Thursday, November 16th saw the front-month NYMEX Natural Gas Futures Contract open at $3.188, nearly even to Wednesday’s closing price of $3.190. Recording the intraday high of $3.195 minutes after […]
Recap: The oil market on Thursday sold off sharply to its lowest level in four months amid concerns over demand in light of some weak economic data. The oil market, […]