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Tuesday, January 14th saw the front-month NYMEX Natural Gas Futures Contract open at $3.788, down $0.146 compared to Monday’s closing price of $3.934. Following another night of pre-session volatility, the […]
Recap: The oil market on Monday continued to trend higher in follow through strength seen on Friday after the U.S. Treasury imposed wider sanctions on Russian oil producers as well as […]
Monday, January 13th saw the front-month NYMEX Natural Gas Futures Contract open at $4.022, up $0.033 compared to Friday’s closing price of $3.989. Entering the session on a pullback from […]
Recap: The oil market rallied sharply higher and posted a third consecutive week of gains amid concerns of potential supply disruptions due to further sanctions imposed against Russia. The market […]
Friday, January 10th saw the front-month NYMEX Natural Gas Futures Contract open at $3.910, up $0.209 compared to Thursday’s closing price of $3.701. Bolstered by weather models finding common ground […]
Recap: The oil market on Thursday traded higher as the market was supported by increased winter fuel demand, shrugging off the latest weekly inventory reports showing large builds in product […]
Thursday, January 9th saw the front-month NYMEX Natural Gas Futures Contract open at $3.663, up $0.012 compared to Wednesday’s closing price of $3.651. Recording the intraday low of $3.655, prices […]
Recap: The oil market traded lower on Wednesday in light of large builds in U.S. oil product stocks, reversing early gains from tightening supplies from Russia and other OPEC members. […]
Wednesday, January 8th saw the front-month NYMEX Natural Gas Futures Contract open at $3.568, up $0.119 compared to Tuesday’s closing price of $3.449. Ticking higher overnight as forecasts remain supportive, […]
Recap: The oil market ended the session higher on Tuesday after it reversed its early declines. The market was supported by the near term weather forecasts calling for frigid weather […]