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April NYMEX Natural Gas Futures Contract Closed at $4.990 on Thursday, March 17th

March 18, 2022
Thursday, March 17th saw the April NYMEX Natural Gas Futures Contract open at of $4.819, seven cents above Wednesday’s closing price of $4.748. Ascending from the intraday low of $4.811 soon after the open, prices rose to $4.900 ahead of the weekly storage release. Continuing its ... Read More

Oil Futures Jumped as Much as 9% on Thursday, Following Several Days of Down Moves, as the Market Rebounded from Renewed Focus on Supply Shortages

March 18, 2022
Recap: Oil futures jumped as much as 9% on Thursday, following several days of down moves, as the market rebounded from renewed focus on supply shortages in coming weeks due to sanctions on Russia. Oil markets in recent weeks have experienced their most volatile period since mid- ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $4.748 on Wednesday, March 16th

March 17, 2022
Wednesday, March 16th saw the April NYMEX Natural Gas Futures Contract open at of $4.696, thirteen cents above Tuesday’s closing price of $4.568. Trending downward until reaching the intraday low of $4.637 at 10:40AM, the contract found support heading into midday and through the ... Read More

Trading in Oil Futures Was Volatile on Wednesday, as Traders Reacted to a Surprising Increase in U.S. Inventories

March 17, 2022
Recap: Trading in oil futures was volatile on Wednesday, as traders reacted to a surprising increase in U.S. inventories and hopes for progressive peace talks between Ukraine and Russia. Three million barrels per day of Russian oil output is at risk beginning in April as sanction ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $4.568 on Tuesday, March 15th

March 16, 2022
Tuesday, March 15th saw the April NYMEX Natural Gas Futures Contract open at of $4.538 twelve cents below Monday’s closing price of $4.658. Marking an intraday low of $4.459 at 10:15AM amid mild forecasts during a shoulder month and healthy production, the contract then made a bi ... Read More

Oil Futures Plunged on Tuesday After Beijing Imposed Widespread Lockdowns, While U.S. Stock Indexes Opened Higher Ahead of the Start of a Cycle of Interest-Rate Rises

March 16, 2022
Recap: Oil futures plunged on Tuesday after Beijing imposed widespread lockdowns, while U.S. stock indexes opened higher ahead of the start of a cycle of interest-rate rises from the Federal Reserve. The steep decline on Tuesday followed a statement from Russian Foreign Minister ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $4.658 on Monday, March 14th

March 15, 2022
Monday, March 14th saw the April NYMEX Natural Gas Futures Contract open at of $4.609 eleven cents below Friday’s closing price of $4.725. Knocked down overnight by bearish forecasts to cover the second half of March, an ascent to the intraday high of $4.699 at 9:50AM soon lost m ... Read More

Oil Prices Were Pushed Lower by Potential Progress in Ukraine-Russia Talks, and by the Worsening COVID Situation in China

March 15, 2022
Recap: Oil futures fell sharply on Monday, extending last week’s decline. Oil prices were pushed lower by potential progress in Ukraine-Russia talks, and by the worsening COVID situation in China. WTI crude for April delivery fell $6.32, or 5.8%, to settle at $103.01 a barrel, af ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $4.725 on Friday, March 11th

March 14, 2022
Friday, March 11th saw the April NYMEX Natural Gas Futures Contract open at of $4.704, seven cents above Thursday’s closing price of 4.631. In a relatively calm day, given the past week, prices chopped around near $4.730 through the morning hours. Jumping to an intraday high of $ ... Read More

Oil Futures Rose on Friday, But Declined for the Week as Traders Weighed Headlines Around Russia and Iran Suggesting More Possible Supply Disruptions

March 14, 2022
Recap: Oil futures rose on Friday, but declined for the week as traders weighed headlines around Russia and Iran suggesting more possible supply disruptions, versus those promising remedies in a tight market. Oil futures have been rocked by Russia’s invasion of Ukraine.  U.S. Pre ... Read More
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