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Friday, July 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.577, three cents above Thursday’s closing price of $2.545. Ascending to peak at the intraday high of […]
Recap: The oil market on Friday retraced some of its recent sharp gains as traders took profits and as the U.S. dollar strengthened following its previous losses earlier in the week. […]
Thursday, July 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.639, just below Wednesday’s closing price of $2.632. Trading within a wide range from the opening bell […]
Recap: The oil market continued on its upward trend on Thursday as it remained well supported after U.S. inflation data implied interest rates are close to their peak. This followed […]
Wednesday, July 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.664, just below Tuesday’s closing price of $2.731. Shortly after market open, the August contract experienced a […]
Recap: On Wednesday, the oil market was well supported after U.S. inflation data suggested that inflation was slowing enough to allow the Federal Reserve to stop tightening U.S. monetary policy. […]
Tuesday, July 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.713, just above Monday’s closing price of $2.669. Immediately after open, August prices dropped to an intraday […]
Recap: The oil market on Tuesday continued on its upward trend as it remained supported by the supply cuts by Saudi Arabia and Russia for August and hopes for higher […]
Friday, July 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.612, just above Thursday’s closing price of $2.609. Trending higher leading up to the weekly storage publication, […]
Recap: The oil market continued to trend higher on Friday as supply concerns outweighed fears that further interest rate hikes could slow economic growth. The market was well supported by […]