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January NYMEX Natural Gas Futures Contract Closed at $6.738 on Thursday, December 1st

December 2, 2022
Thursday, December 1st saw the January NYMEX Natural Gas Futures Contract open at $7.104, seventeen above below Wednesday’s closing price of $6.930. Marking the intraday high of $7.213 by 9:15AM, prices trended lower to reach the $7.030 mark ahead of the weekly storage report. Si ... Read More

Oil Futures Rose on Thursday after China Eased COVID Restrictions in Two Major Cities

December 2, 2022
Recap: Oil futures rose on Thursday after China eased COVID restrictions in two major cities, while the U.S. dollar slumped on the view that the Federal Reserve might slow down on interest rate hikes. The shift in China's zero-COVID strategy raised optimism about a recovery in oi ... Read More
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January NYMEX Natural Gas Futures Contract Closed at $6.930 on Wednesday, November 30th

December 1, 2022
Wednesday, November 30th saw the January NYMEX Natural Gas Futures Contract open at $7.181, five cents below Tuesday’s closing price of $7.235. Peaking at an intraday high of $7.285 at 9:30AM, prices then moved lower as early December forecasts fail to impress. Until the expected ... Read More

Oil Prices Rose as Much as $3 on Wednesday Amid Optimism

December 1, 2022
Recap: Oil prices rose as much as $3 on Wednesday amid optimism that China will ease lockdown restrictions, bolstering the economy and demand for fuel, while supplies dropped in the U.S. and a weaker dollar made crude cheaper for foreign buyers. Brent crude, the international sta ... Read More
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January NYMEX Natural Gas Futures Contract Closed at $7.235 on Tuesday, November 29th

November 30, 2022
Tuesday, November 29th saw the January NYMEX Natural Gas Futures Contract open at $7.282, nine cents above Monday’s closing price of $7.196. Climbing to the intraday high of $7.421 by 10:10AM, traders are awaiting the next catalyst as weather forecasts remain stale. Trading withi ... Read More

Oil Futures Firmed on Tuesday

November 30, 2022
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 the Organization of the Petroleum Exporting Countries and their allies, together known as OPEC ... Read More
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January NYMEX Natural Gas Futures Contract Closed at $7.196 on Monday, November 28th

November 29, 2022
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 at $6.712. Ready to assume the prompt-month position January opened at $7.0 ... Read More

Oil Prices Slipped in Early Trading on Monday

November 29, 2022
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 importer, stoked concern over the outlook for fuel demand. A rebound ensued as rumors of an O ... Read More
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Oil Prices Fell as Much as 4% on Wednesday

November 28, 2022
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 and as U.S. gasoline stocks rose by 3.1 million barrels, according to the Energy Information Administration. Analysts had ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $6.779 on Tuesday, November 22nd

November 23, 2022
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 the gate, the contract then moved confidently higher to tally an intraday high of $6.976 ... Read More
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