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Recap: Oil futures firmed on Tuesday, as traders hoped the loosening of China’s strict COVID-19 restrictions would lead to an increase in demand. The potential for new output cuts from […]
Monday, November 28th saw the December NYMEX Natural Gas Futures Contract open at $6.521, fifty cents below Friday’s closing price of $7.024. With limited trading activity the December contract settled […]
Recap: Oil prices slipped in early trading on Monday, falling close to their lowest level this year, as street protests against strict COVID-19 curbs in China, the world’s biggest crude […]
Recap: Oil prices fell as much as 4% on Wednesday as the Group of Seven (G7) nations looked at a price cap on Russian oil above where it is currently trading […]
Tuesday, November 22nd saw the December NYMEX Natural Gas Futures Contract open at $6.548, twenty-three cents below Monday’s closing price of $6.776. Marking an intraday low of $6.512 out of […]
Recap: Oil futures recovered early Tuesday from the steep slump instigated Monday by mixed news that OPEC and its allies were mulling churning out more oil. Oil prices increased on […]
Monday, November 21st saw the December NYMEX Natural Gas Futures Contract open at $6.443, fourteen cents above Friday’s closing price of $6.303. With updated forecasts over the weekend call for […]
Recap: Oil futures experienced a volatile trading session on Monday, opening slightly higher then falling to their lowest level since early January, only to recoup some of the session losses. […]
Friday, November 18th saw the December NYMEX Natural Gas Futures Contract open at $6.126, twenty-four cents below Thursday’s closing price of $6.369. Prices moved lower overnight as forecasts for the […]
Recap: Caught between recession fears and the fact that Fed officials seem unwilling to back down from their stance toward more rate-hikes specifically aimed at killing demand, in order to […]