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The Largest One-Day Increase of the U.S. Dollar Since March 2020

By Emily Beckett | November 7, 2024 | 0 Comments

Recap: The oil market traded lower on Wednesday as the U.S. dollar rallied following Donald Trump’s re-election as president. Traders expect a Trump presidency to support the dollar as interest […]

December NYMEX Natural Gas Futures Contract Closed at $2.747 on Wednesday, November 6th

By Emily Beckett | November 7, 2024 | 0 Comments

Wednesday, November 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.694, up $0.024 compared to Tuesday’s closing price of $2.670. Marking the intraday low of $2.682 within […]

The Oil Market Traded Higher Ahead of the U.S. Presidential Election

By Emily Beckett | November 6, 2024 | 0 Comments

Recap:  The oil market continued to trade higher on Tuesday on a weaker U.S. dollar ahead of what was expected to be a close U.S. presidential election. The market continued […]

December NYMEX Natural Gas Futures Contract Closed at $2.670 on Tuesday, November 5th

By Emily Beckett | November 6, 2024 | 0 Comments

Tuesday, November 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.767, down $0.014 compared to Monday’s closing price of $2.781. Achieving and intraday high of $2.817 at […]

OPEC+ Decision to Delay Increase in Oil Output By a Month

By Emily Beckett | November 5, 2024 | 0 Comments

Recap: The oil market on Monday continued to trend higher following an OPEC+ decision to delay plans to increase oil output by a month, while the market also positioned itself […]

December NYMEX Natural Gas Futures Contract Closed at $2.631 on Monday, November 4th

By Emily Beckett | November 5, 2024 | 0 Comments

Monday, November 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.631, down $0.032 compared to Friday’s closing price of $2.663. Ascending from the intraday low as markets […]

The Market Erased Sharp Gains Posted in Overnight Trading

By Emily Beckett | November 4, 2024 | 0 Comments

Recap:  The crude market ended the session in positive territory but off its highs as the market erased its sharp gains posted in overnight trading. The market remained well supported […]

December NYMEX Natural Gas Futures Contract Closed at $2.671 on Friday, November 1st

By Emily Beckett | November 4, 2024 | 0 Comments

Friday, November 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.671, down $0.036 compared to Thursday’s closing price of $2.707. Peaking early once again, an intraday high […]

Reports That Iran is Preparing a Retaliatory Attack on Israel

By Emily Beckett | November 1, 2024 | 0 Comments

Recap:  The oil market saw a late day rally on reports that Iran is preparing a retaliatory attack on Israel. Early in the session, the market continued to trade higher […]

December NYMEX Natural Gas Futures Contract Closed at $2.707 on Thursday, October 31st

By Emily Beckett | November 1, 2024 | 0 Comments

Thursday, October 31st saw the front-month NYMEX Natural Gas Futures Contract open at $2.787, down $0.058 compared to Wednesday’s closing price of $2.845. Recording the intraday high of $2.809 within […]