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September NYMEX Natural Gas Futures Contract Closed at $3.897 on Wednesday, August 25th

August 26, 2021
Wednesday, August 25th saw the front-month NYMEX Natural Gas Futures Contract open at $3.905, a penny above Tuesday’s closing price of $3.896. Posting a steady climb to start the day, reaching an intraday high of $3.991 by 10:40AM, fundamentals remain unchanged from the previous ... Read More

The EIA reported that the four week average of U.S. total product supplied increased to nearly 21 million bpd

August 26, 2021
Recap: On Wednesday, the oil market steadied following its sharp gains over the past couple of sessions on the news that Mexico was set to resume its shut in production following a major outage.  Mexico’s Pemex reported overnight that it expected to resume its output by August 30 ... Read More
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September NYMEX Natural Gas Futures Contract Closed at $3.896 on Tuesday, August 24th

August 25, 2021
Tuesday, August 24th saw the front-month NYMEX Natural Gas Futures Contract open at $3.917, three cents below Monday’s closing price of $3.945.  Attaining an intraday high of $3.944 by 9:20AM, the contract traded along either side of $3.910 for the majority of the day. Traders ar ... Read More

The oil market rose almost 3% on Tuesday

August 25, 2021
Recap: The oil market extended Monday’s sharp gains as it rose almost 3% on Tuesday as concerns over diminishing demand eased following the FDA’s full approval of the Pfizer/BioNTech Covid-19 vaccine on Monday.  Also, reports of China’s apparent success in curbing the spread of t ... Read More
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September NYMEX Natural Gas Futures Contract Closed at $3.945 on Monday, August 23rd

August 24, 2021
Monday, August 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.900, five cents above Friday’s closing price of $3.851. Trending lower to record an intraday low of $3.857 at 11:20AM, bullish weather forecasts are battling the changing of the seasons, as cool ... Read More

The oil market rallied over 5% on Monday

August 24, 2021
Recap: On Monday, the oil market rallied over 5%, as the U.S. dollar weakened and the strength in the equities markets lent support to the oil complex following a seven-day losing streak.  The oil market traded higher in tandem with the equities markets as investor concerns that ... Read More
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September NYMEX Natural Gas Futures Contract Closed at $3.851 on Friday, August 20th

August 23, 2021
Friday, August 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.929, ten cents above Thursday’s closing price of $3.830. Tallying an intraday high of $3.951 soon after the open as traders capped off the overnight rally, forecasted above average helped to ove ... Read More

The oil market continued to trade lower for a seventh consecutive session

August 23, 2021
Recap: On Friday, the oil market continued to trade lower for a seventh consecutive session, extending the week’s decline to 8.9%, ahead of the September crude contract’s expiration at the close.  The market remained pressured amid concerns over fuel demand due to increasing numb ... Read More
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 The oil market continued on its downward trend

August 20, 2021
Recap: The oil market continued on its downward trend on Thursday, falling for a sixth consecutive session.  The market sold off sharply as it was once again pressured by a stronger U.S. dollar and concerns over weaker demand as the newest wave of coronavirus infections throughou ... Read More
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September NYMEX Natural Gas Futures Contract Closed at $3.852 on Wednesday, August 18th

August 19, 2021
Wednesday, August 18th saw the front-month NYMEX Natural Gas Futures Contract open at $3.865, four cents below Tuesday’s closing price of $3.826. The price dropped sharply in the first hour of trading to the intraday low of $3.789 then immediately bounced back to what would be th ... Read More
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