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Oil Futures Opened Friday's Session Trading to the Upside but Quickly Turned Lower

April 4, 2022
Recap: Oil futures opened Friday’s session trading to the upside but quickly turned lower after other Western nations planned to join the U.S. in releasing oil from strategic reserves. The International Energy Agency -- whose members include the U.S., most of Europe, Canada, Mexi ... Read More
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May NYMEX Natural Gas Futures Contract Closed at $5.642 on Thursday, March 31st

April 1, 2022
Thursday, March 31st saw the May NYMEX Natural Gas Futures Contract open at of $5.606, nearly even to Wednesday’s closing price of $5.605. Ascending from an intraday low of $5.565 within minutes of 9:00AM, prices surged upward to surpass the $5.70 level by 9:30AM. Trading near $5 ... Read More

Oil Prices Slid on Thursday as U.S. President Joe Biden Announced the Largest Release of Oil from the Country's Strategic Petroleum Reserve Ever

April 1, 2022
Recap: Oil prices slid on Thursday as U.S. President Joe Biden announced the largest release of oil from the country's strategic petroleum reserve ever on Thursday, an aggressive move that makes up for part of the drop in Russian oil exports and should help to keep a lid on price ... Read More
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May NYMEX Natural Gas Futures Contract Closed at $5.605 on Wednesday, March 30th

March 31, 2022
Wednesday, March 30th saw the May NYMEX Natural Gas Futures Contract open at of $5.420, eleven cents above Tuesday’s closing price of $5.330. Finding the intraday low of $5.391 soon after the opening bell, the contract began a steep ascent as geopolitical tensions persist, and LN ... Read More

Oil Futures Jumped on Wednesday on Tight Supplies, as U.S. Crude Oil Stockpiles Surprisingly Fell 3.4 Million Barrels Last Week

March 31, 2022
Recap: Oil futures jumped on Wednesday on tight supplies, as U.S. crude oil stockpiles surprisingly fell 3.4 million barrels last week and on the possibility of additional sanctions against Russia, despite peace talks taking place between Moscow and Kyiv. May Brent traded as high ... Read More
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May NYMEX Natural Gas Futures Contract Closed at $5.330 on Tuesday, March 29th

March 30, 2022
Tuesday, March 29th – settlement day for the April contract – saw the front-month NYMEX Natural Gas Futures Contract open at of $5.378, thirteen cents below Monday’s closing price of $5.508. Finding support early on, prices rose to the intraday high of $5.516 at 9:25AM. Trending ... Read More

Oil Futures Extended Losses Seen on Tuesday After Russia Called Peace Talks with Ukraine Constructive

March 30, 2022
Recap: Oil futures extended losses seen on Tuesday after Russia called peace talks with Ukraine constructive and China’s new lockdowns to curb the spread of the coronavirus hit demand. Ukrainian and Russian negotiators met in Turkey for the first face-to-face talks in nearly thre ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $5.508 on Monday, March 28th

March 29, 2022
Monday, March 28th saw the April NYMEX Natural Gas Futures Contract open at of $5.454, twelve cents below Friday’s closing price of $5.571. Falling to an intraday low of $5.419 within minutes of the open, prices rose in the following ninety minutes to mark the intraday high of $5 ... Read More

Oil Futures Fell More Than 9% on Monday, with Brent Crude Oil Reaching a Session Low of $109.26 a Barrel

March 29, 2022
Recap: Oil futures fell more than 9% on Monday, with Brent crude oil reaching a session low of $109.26 a barrel, while WTI traded at a session low of $103.18 a barrel. The drop in prices follows news that China began its most extensive coronavirus lockdown in two years to conduct ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $5.577 on Friday, March 25th

March 28, 2022
Friday, March 25th saw the April NYMEX Natural Gas Futures Contract open at of $5.533, thirteen cents above Thursday’s closing price of $5.401. Ascending to reach $5.574 by 9:30AM, prices found renewed support as the US and EU agree to sending additional LNG abroad. Trending down ... Read More
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