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Friday, February 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.448, two cents above Thursday’s closing price of $2.430. Seeking direction as the contract floated along either […]
Recap: The oil market continued on its upward trend on Friday on Russia’s announcement that it plans to cut its oil production in March by 500,000 bpd after the West […]
Thursday, February 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.424, three cents above Wednesday’s closing price of $2.396. Trading along either side of the $2.44 level […]
Recap: The crude market posted an outside trading session as the market was initially buoyed by hopes of increased Chinese demand while the builds in oil inventories reported by the […]
Wednesday, February 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.532 five cents below Tuesday’s closing price of $2.584. Ascending to an intraday high of $2.560 ahead […]
Recap: The oil market continued to trend higher for the third consecutive session on Wednesday as investor concern over U.S. interest rates eased. Comments from U.S. Federal Reserve Chair, Jerome […]
Tuesday, February 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.504 five cents above Monday’s closing price of $2.457. Making gains early on as the latest forecasts […]
Recap: The oil market continued to retrace its previous losses on Tuesday, extending the gains seen on Monday after it posted a low not seen since December 12th. The market […]
Monday, February 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.392 two cents below Friday’s closing price of $2.410. With arctic conditions giving way to mild temperatures […]
Recap: The oil market traded higher on Monday following some choppy trading earlier in the session as the market weighed a return in demand from China against supply concerns and […]