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Recap: On Monday, the oil market extended last week’s gains as the market remained supported by optimism over China’s expected economic recovery following its reopening. Data shows an increase in […]
Friday, January 20th saw the February NYMEX Natural Gas Futures Contract open at $3.290, nearly two cents below Thursday’s closing price of $3.275. Trading higher throughout the morning hours, prices […]
Recap: The oil market on Friday continued on its upward trend and settled higher for a second consecutive week as it remained well supported by the economic prospects for China […]
Thursday, January 19th saw the February NYMEX Natural Gas Futures Contract open at $3.289, two cents below Wednesday’s closing price of $3.311. Trading along either side of $3.310 through 10:30AM, […]
Recap: On Thursday, the oil market extended its losses seen on Wednesday as an unexpected increase in crude stocks weighed on the market along with concerns over possible recession following […]
Wednesday, January 18th saw the February NYMEX Natural Gas Futures Contract open at $3.410, nearly eighteen cents above Tuesday’s closing price of $3.586. Trading along either side of $3.435 through […]
Recap: The oil market ended the session lower on Wednesday as the market weighed concerns over a possible recession against expectations that the lifting of China’s COVID-19 restrictions will lead […]
Tuesday, January 17th saw the February NYMEX Natural Gas Futures Contract open at $3.691, twenty-seven cents above Friday’s closing price of $3.419. Marking the intraday high of $3.767 within minutes […]
Recap: The oil market continued on its upward trend on Tuesday following Monday’s shortened trading session due to the Martin Luther King, Jr. holiday. The market was supported as easing […]
Recap: There are no settlements due to the Martin Luther King, Jr. holiday. Fundamental News: IIR Energy reported that U.S. oil refiners are expected to shut in about 1,213,000 bpd […]