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November NYMEX Natural Gas Futures Contract Closed at $2.238 on Monday, Ocotber 21st

October 22, 2019
Monday, October 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.263, nearly six cents below Friday’s closing price of $2.320.  Trading near $2.300 an hour ahead of 9:00AM, prices then plummeted in the following hour and through the opening bell to record a ... Read More

Oil prices turned lower on Monday on increasing signs that the global economy is weakening

October 22, 2019
Recap: Oil prices, which edged higher in early trading, turned lower on Monday on increasing signs that the global economy is weakening, which would have a negative impact on demand. Prices also slipped on signs that some major producers aren’t adhering to production agreements. ... Read More
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Gains were cut short by reports of slowing economic growth in China

October 21, 2019
Recap: Oil prices firmed early in trading on Friday with support tied to progress toward deals on U.S.-China trade talks and Brexit, as well as a weekly fall in U.S. inventories. November WTI traded at a session high of $54.62 a barrel, a gain of 69 cents, or 1.2%, while December ... Read More
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November NYMEX Natural Gas Futures Contract Closed at $2.320 on Friday, October 18th

October 21, 2019
Friday, October 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.304, one cent below Thursday’s closing price of $2.318.  Dipping to the intraday low of $2.289 at 9:30AM, prices then rallied higher to surpass $2.335 at 10:10AM.  Supported by cooler shifting ... Read More

November NYMEX Natural Gas Futures Contract Closed at $2.318 on Thursday, October 17th

October 18, 2019
Thursday, October 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.329, two cents above Wednesday’s closing price of $2.303.  Trending higher as markets opened, the contract rose to $2.345 by 10:00AM and traded sideways until the weekly storage publication t ... Read More

The EIA reported a 9.3 million barrel increase in U.S. crude oil inventories

October 18, 2019
Recap: Oil futures traded modestly lower Thursday, pressured after the EIA report revealed that U.S. crude supplies climbed for a fifth straight week, but found some support after news of a tentative Brexit deal offered a lift for assets perceived as risky, including oil. The EIA ... Read More
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Economic concerns and forecasts for increases in U.S. crude oil inventories continued to keep a lid on prices

October 17, 2019
Recap: Oil prices climbed higher on Wednesday, ending two straight sessions of declines on reports that OPEC could vote to further cut output at its December meeting, but economic concerns and forecasts for increases in U.S. crude oil inventories continued to keep a lid on prices ... Read More
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November NYMEX Natural Gas Futures Contract Closed at $2.303 on Wednesday, October 16th

October 17, 2019
Wednesday, October 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.355, nearly two cents above Tuesday’s closing price of $2.339.  Riding overnight momentum to reach a 10-day intraday high of $2.384 by 9:40AM, prices fell to $2.360 by 10:00AM and continued ... Read More

The International Monetary Fund said it sees global economic growth falling to a 3% rate this year

October 16, 2019
Recap: Oil prices fell for the second straight session after the International Monetary Fund said it sees global economic growth falling to a 3% rate this year, the slowest pace since the 2008 financial crisis and after weak economic data out of China gave rise to concern over en ... Read More
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November NYMEX Natural Gas Futures Contract Closed at $2.280 on Monday, October 14th

October 15, 2019
Monday, October 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.286, seven cents above Friday’s closing price of $2.214.  Ascending to an intraday high of $2.313 by 9:10AM, prices withdrew sharply into the morning as uncertain forecasts continue to keep tra ... Read More
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