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Tuesday, October 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.893, five cents above Monday’s closing price of $2.840. Recording an intraday low of $2.878 within minutes […]
Recap: The oil market retraced some of its losses after falling to a three week low earlier in the session despite the strength in the U.S. dollar. Traders weighed some […]
Monday, October 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.903, three cents below Friday’s closing price of $2.929. Seeking direction in a four-cent range early on, […]
Recap: The oil market on Monday sold off after a monthly ISM report showed that the U.S. manufacturing sector fell for the 11th consecutive month in September. The market, which […]
Friday, September 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.882, six cents below Thursday’s closing price of $2.945. Recording the intraday low of $2.855 by 9:15AM, […]
Recap: The oil market on Friday sold off on some further profit taking following Thursday’s rally that pushed the market over the $95 level before it retraced some of its […]
Thursday, September 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.930, three cents above Wednesday’s closing price of $2.899. Posting a cautious ascent to the $2.960 level […]
Recap: The crude market on Thursday rallied to its highest level in more than a year on concern of tight supply before it erased its gains by the end of […]
Wednesday, September 27th saw the October NYMEX Natural Gas Futures Contract settle at $2.764, nearly eleven cents above Tuesday’s closing price of $2.656. The more actively traded November contract opened […]
The Oil Market Rallied Sharply Higher on Wednesday, Posting its Largest One Day Gain Since Early May
Recap: The oil market rallied sharply higher on Wednesday, posting its largest one day gain since early May as it continued to trade in its upward trend channel. The market […]