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May NYMEX Natural Gas Futures Contract Closed at $7.820 on Monday, April 18th

April 19, 2022
Monday, April 18th saw the May NYMEX Natural Gas Futures Contract open at of $7.594, thirty cents above Thursday’s closing price of $7.300. Markets were closed Friday 4/15 in observance of Good Friday. Marking the intraday low of $7.556 within minutes of the open, prices shot hig ... Read More

Oil Futures Reversed Early Losses, Showing Signs of Underlying Strength, as They Rose to an Almost Two-Week High

April 18, 2022
Recap: Oil futures reversed early losses, showing signs of underlying strength, as they rose to an almost two-week high. Oil prices traded lower on what appeared to be profit-taking, pushing May WTI to a session low of 102.12. Prices quickly reversed amid unconfirmed reports that ... Read More
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May NYMEX Natural Gas Futures Contract Closed at $7.300 on Thursday, April 14th

April 15, 2022
Thursday, April 14th saw the May NYMEX Natural Gas Futures Contract open at of $7.021, two cents above Wednesday’s closing price of $6.997. Fluctuating along either side of $7.000 through 10:30AM, prices surged upwards as the weekly storage report brought news of an expected inje ... Read More

Crude Oil Prices are Drawing Support Off of Russia's Comments on Peace Talks as Russian Oil and Gas Condensate Production Falls Below 10 Million Barrels Per Day

April 14, 2022
Recap: Oil futures were up by more than 3% in early trading on Wednesday as Moscow said peace talks with Ukraine had hit a dead end, fueling supply worries, while weak economic data from China and Japan kept a lid on gains. Crude oil prices are drawing support off of Russia’s com ... Read More
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May NYMEX Natural Gas Futures Contract Closed at $6.997 on Wednesday, April 13th

April 14, 2022
Wednesday, April 13th saw the May NYMEX Natural Gas Futures Contract open at of $6.850, seventeen cents above Tuesday’s closing price of $6.680. Marking the intraday low of $6.753 by 9:15AM, the contract continued its bullish trajectory to cross midday near $6.931. Jumping to a f ... Read More

May NYMEX Natural Gas Futures Contract Closed at $6.680 on Tuesday, April 12th

April 13, 2022
Tuesday, April 12th saw the May NYMEX Natural Gas Futures Contract open at of $6.703, six cents above Monday’s closing price of $6.643. Falling to the intraday low of $6.600 within minutes of the opening bell, the contract traded near $6.680 through 10:30AM when traders mounted a ... Read More

Oil Prices Rebounded on Tuesday as Russian Oil and Gas Condensate Production Fell to 2020 Lows

April 13, 2022
Recap: Oil prices rebounded on Tuesday as Russian oil and gas condensate production fell to 2020 lows and OPEC warned it would be impossible to replace potential supply losses from Russia. Russian oil and gas condensate production fell below 10 million barrels per day (bpd) on Mo ... Read More
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May NYMEX Natural Gas Futures Contract Closed at $6.643 on Monday, April 11th

April 12, 2022
Monday, April 11th saw the May NYMEX Natural Gas Futures Contract open at of $6.430, fifteen cents above Friday’s closing price of $6.278. Slipping to the intraday low of $6.427 early on, prices spiked to $6.610 by 9:15AM as below-average temperatures have once again entered the ... Read More

Oil Futures Fell More Than 4% on Monday, with Brent Crude Falling Below $100 a Barrel on Plans to Release Record Volumes

April 12, 2022
Recap: Oil futures fell more than 4% on Monday, with Brent crude falling below $100 a barrel on plans to release record volumes of crude and oil products from strategic reserves and on continuing lockdowns in China due to coronavirus. The release of Strategic Petroleum Reserve vo ... Read More
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May NYMEX Natural Gas Futures Contract Closed at $6.278 on Friday, April 8th

April 11, 2022
Friday, April 8th saw the May NYMEX Natural Gas Futures Contract open at of $6.444, eight cents above Thursday’s closing price of $6.359. Tallying the intraday high of $6.460 by 9:45AM, prices then moved decidedly lower as LNG exports remain elevated, and the Northeast braced for ... Read More
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