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Recap : The oil market sold off sharply on Tuesday following the long New Year’s holiday weekend. The market was pressured by weak demand data from China and a gloomy […]
The January NYMEX Natural Gas Futures Contract settled at $4.709 on Wednesday December 28th. Markets were closed yesterday in observance of the New Year holiday. Friday, December 30rd saw the […]
Recap: WTI finished the year above $80 a barrel, with the February contract climbing $1.86, or 2.37%, to close the session at $80.26 a barrel. This represents a gain of […]
Recap : Oil prices fell for a second straight session on Thursday on an uncertain demand outlook as more countries considered restrictions on Chinese travelers with COVID-19 infections spreading in […]
Recap: Oil futures ended lower on Wednesday, with optimism over the demand outlook stemming from China’s continued relaxation of COVID-19 curbs offset by a surge in cases of the disease. […]
Recap: Oil futures pulled back from early gains in a thinly traded market, as investors have been trying unsuccessfully for a month to gauge exactly when the Chinese economy may emerge […]
Fundamental News: TC Energy Corp said it will start returning to service its Keystone Pipeline’s idled segment to Cushing, Oklahoma in the next several days after a U.S. regulator approved […]
Thursday, December 22nd saw the January NYMEX Natural Gas Futures Contract open at $5.215, twelve cents below Wednesday’s closing price of $5.332. Ascending to the intraday high of $5.425 ahead […]
Recap: Oil futures fell on Thursday in a volatile trading session as the impact of tighter U.S. crude oil supplies due to a winter storm in the U.S. was outweighed by […]
Wednesday, December 21st saw the January NYMEX Natural Gas Futures Contract open at $5.519, nineteen cents above Tuesday’s closing price of $5.326. Tallying the intraday high of $5.609 by 9:15AM, […]