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Recap: The oil market traded within Friday’s trading range during Monday’s shortened session and remained range bound on Tuesday. The market rallied to a high of $77.51 during Monday’s session […]
Recap: The crude oil market on Friday traded lower, pressured by concerns of further U.S. Federal Reserve interest rate hikes and a recession that could weigh on demand. Two Federal […]
Thursday, February 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.547, seven cents above Wednesday’s closing price of $2.471. Marking the intraday high as markets opened, prices […]
Recap: The oil market traded sideways as the market weighed mixed U.S. economic signals and the prospects for a recovery in Chinese demand. The market traded to a high of […]
Wednesday, February 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.538, three cents below Tuesday’s closing price of $2.567. Posting an arching ascent through the morning hours, […]
Recap: The oil market looked ready to post an inside trading day early in the session, however the market sold off sharply following the release of the EIA petroleum stock […]
Tuesday, February 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.559, fifteen cents above Monday’s closing price of $2.405. Marking the intraday low of $2.515 shortly after […]
Recap: The oil market started the session lower on news that the U.S. government said it would release more crude from its SPR, while the market looked for U.S. inflation […]
Monday, February 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.441, seven cents below Friday’s closing price of $2.514. Trading along either side of $2.450 for the […]
Recap: The oil market traded higher on Monday, continuing last week’s upward momentum as the market weighed Russia’s plans to cut production in March and short-term demand concerns ahead of […]