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Recap: On Monday, the oil market extended its previous losses seen on Friday as traders weighed concerns about China’s demand and the prospect for more Iranian supply. The market, which […]
Friday, August 12th saw the September NYMEX Natural Gas Futures Contract open at $8.718, sixteen cents below Thursday’s closing price $8.874. Marking the intraday low of $8.657 out of the […]
Recap: The oil market on Friday pulled back following Thursday’s sharp rally on expectations that the supply disruption in the U.S. Gulf of Mexico would be short-term. While the market […]
Thursday, August 11th saw the September NYMEX Natural Gas Futures Contract open at $8.407, twenty cents above Wednesday’s closing price $8.202. Trading within a 10-cent window of $8.400 in the […]
Recap: The crude oil market on Thursday rallied higher after the IEA increased its oil demand growth forecast for the year. The IEA raised its outlook for demand this year […]
Wednesday, August 10th saw the September NYMEX Natural Gas Futures Contract open at $7.790, four cents below Tuesday’s closing price $7.833. Falling to the intraday low of $7.725 by 9:15AM […]
Recap: On Wednesday, the oil market traded lower as it breached its previous low on news that oil flows via the southern branch of the Druzhba oil pipeline would restart […]
Tuesday, August 9th saw the September NYMEX Natural Gas Futures Contract open at $7.786, twenty cents above Monday’s closing price $7.589. Trading along either side of $7.800 throughout the morning, […]
Recap: The oil market seesawed on Tuesday, trading in and out of positive territory. The market traded higher after it retraced some of its early losses on concerns over tight […]
Monday, August 8th saw the September NYMEX Natural Gas Futures Contract open at $7.663, forty cents below Friday’s closing price $8.064. Tallying the intraday low of $7.569 by 9:45AM, further […]