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September NYMEX Natural Gas Futures Contract Closed at $4.059 on Wednesday, August 11th

August 12, 2021
Wednesday, August 11th saw the front-month NYMEX Natural Gas Futures Contract open at $4.048, four cents below Tuesday’s closing price of $4.089.  Slipping to an intraday low of $3.979 by 9:20AM, the contract spent the balance of the session attempting to recover.  Crossing midda ... Read More

Futures rose as much as 3.6% after tumbling to a three-week low on Monday

August 11, 2021
Recap: Oil futures rebounded on Tuesday, trading in lockstep formation with higher equity markets, as investors grew more optimistic over global economic growth and after the U.S. Senate passed the long awaited infrastructure package. Futures rose as much as 3.6% after tumbling t ... Read More
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September NYMEX Natural Gas Futures Contract Closed at $4.089 on Tuesday, August 10th

August 11, 2021
Tuesday, August 10th saw the front-month NYMEX Natural Gas Futures Contract open at $4.043, two cents below Monday’s closing price of $4.060.  Marking the intraday low of $4.042 as markets opened and an intraday high of $4.126 at 9:50AM, as prices bounced back from the previous d ... Read More

Oil futures fell sharply on Monday

August 10, 2021
Recap: Oil futures fell sharply on Monday, as China took additional steps to limit the spread of the delta variant of COVID-19, underlining fears about global demand for crude oil. U.S. congressional battles over budget and infrastructure, to an alarming report about the warming ... Read More
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September NYMEX Natural Gas Futures Contract Closed at $4.060 on Monday, August 9th

August 10, 2021
Monday, August 9th saw the front-month NYMEX Natural Gas Futures Contract open at $4.083, two cents below Friday’s closing price of $4.140.  Ascending to an intraday high of $4.094 by 9:20AM, the contract then fell to an intraday low of $4.002 ninety minutes later.  Recovering in ... Read More

Crude oil futures turned lower on Friday

August 9, 2021
Recap: Crude oil futures turned lower on Friday, erasing early gains after a better-than-expected jobs report in the U.S. The rise in the U.S. dollar, along with heightened concern over the spread of COVID-19’s delta variant and its potential impact on demand, has acted as a dete ... Read More
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September NYMEX Natural Gas Futures Contract Closed at $4.140 on Thursday, August 5th

August 6, 2021
Thursday, August 5th saw the front-month NYMEX Natural Gas Futures Contract open at $4.187, three cents above Wednesday’s closing price of $4.158.  Trading along $4.180 heading into the weekly storage report, prices jumped to a new multi-year intraday high of $4.205 as the public ... Read More

Tensions in the Mideast, along with a weaker U.S. dollar gave rise to crude oil prices

August 6, 2021
Recap: Tensions in the Mideast, along with a weaker U.S. dollar gave rise to crude oil prices on Thursday but renewed Covid-19 restrictions across the globe worked to keep a lid over this market. Israeli jets struck what its military said were rocket launch sites in Lebanon early ... Read More
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September NYMEX Natural Gas Futures Contract Closed at $4.158 on Wednesday, August 4th

August 5, 2021
Wednesday, August 4th saw the front-month NYMEX Natural Gas Futures Contract open at $4.114, nine cents above Tuesday’s closing price of $4.027.  Marking an intraday low of $4.096 out of the gate, the contract continued its upward trajectory as heat remains in the forecast and st ... Read More

The EIA reported a 3.63 million barrel build in U.S. crude oil inventories

August 5, 2021
Recap: Oil prices declined for the third straight session as the coronavirus spread in China and after the EIA reported a 3.63 million barrel build in U.S. crude oil inventories, the largest gain since March.  After eking out a small advance in July, August is proving to be tough ... Read More
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