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Wednesday, June 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.493, nearly even to Tuesday’s closing price of $2.492. Falling to the intraday low of $2.448 by […]
Recap: The oil market on Wednesday continued to trend higher ahead of the release of the weekly petroleum stock reports which are expected to show draws in stocks and the […]
Tuesday, June 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.645, a penny above Friday’s closing price of $2.632. Tallying a fresh one-month intraday high of $2.650 […]
Recap: The oil market on Tuesday sold off, giving up all of last week’s 2.3% gain as the market continues to experience choppy, rangebound trading. The market traded to a […]
Recap: The oil market rallied higher on Friday and settled up 2.3% on the week on hopes of increasing Chinese oil demand. Earlier in the week, Chinese refinery throughput was […]
Friday, June 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.571, four cents above Thursday’s closing price of $2.533. Spiking to $2.635 within minutes of the open, […]
Thursday, June 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.412, seven cents above Wednesday’s closing price of $2.342. Marking the intraday low of $2.406 soon after […]
Recap: The oil market on Thursday retraced its previous losses and posted an outside trading day as traders covered some of their short positions. This followed Wednesday’s 1.7% decline after […]
Wednesday, June 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.384, four cents above Tuesday’s closing price of $2.340. Propped up overnight by a bullish shift in […]
Recap: The oil market traded mostly sideways in overnight trading before it rallied higher on bullish oil demand growth forecasts from the International Energy Agency. The IEA raised its oil […]