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Recap: The oil market on Monday sold off after a monthly ISM report showed that the U.S. manufacturing sector fell for the 11th consecutive month in September. The market, which […]
Friday, September 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.882, six cents below Thursday’s closing price of $2.945. Recording the intraday low of $2.855 by 9:15AM, […]
Recap: The oil market on Friday sold off on some further profit taking following Thursday’s rally that pushed the market over the $95 level before it retraced some of its […]
Thursday, September 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.930, three cents above Wednesday’s closing price of $2.899. Posting a cautious ascent to the $2.960 level […]
Recap: The crude market on Thursday rallied to its highest level in more than a year on concern of tight supply before it erased its gains by the end of […]
Wednesday, September 27th saw the October NYMEX Natural Gas Futures Contract settle at $2.764, nearly eleven cents above Tuesday’s closing price of $2.656. The more actively traded November contract opened […]
The Oil Market Rallied Sharply Higher on Wednesday, Posting its Largest One Day Gain Since Early May
Recap: The oil market rallied sharply higher on Wednesday, posting its largest one day gain since early May as it continued to trade in its upward trend channel. The market […]
Tuesday, September 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.572, seven cents below Monday’s closing price of $2.639. Slipping to the intraday low of $2.558 within […]
Recap: The oil market rallied higher after posting a two-week low earlier on Tuesday as the market positioned itself ahead of the release of the weekly petroleum stocks reports. In […]
Monday, September 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.623, slightly below Friday’s closing price of $2.637. Gradually climbing to reach the intraday high of $2.671 […]