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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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April NYMEX Natural Gas Futures Contract Closed at $4.631 on Thursday, March 10th

March 11, 2022
Thursday, March 10th saw the April NYMEX Natural Gas Futures Contract open at of $4.550, two cents above Wednesday’s closing price of $4.526. Marking the intraday low of $4.530 within minutes of the open, prices rose to $4.580 leading up to the weekly storage publication. Falling ... Read More

Oil Prices Gave Up Early Gains on Thursday After its Biggest Plunge in Two Years in the Previous Session

March 11, 2022
Recap: Oil prices gave up early gains on Thursday after its biggest plunge in two years in the previous session, as traders debated if the market’s supply disruption concerns were overdone after Russia pledged to fulfill contractual obligations. Since the Russian invasion of Ukra ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $4.526 on Wednesday, March 9th

March 10, 2022
Wednesday, March 9th saw the April NYMEX Natural Gas Futures Contract open at of $4.486, four cents below Tuesday’s closing price of $4.527. Tallying the intraday low of $4.465 early on, prices rose to an intraday high of $4.591 by 10:30AM. Gauging the impact of warming forecasts ... Read More

Oil Futures Tumbled on Wednesday, Paring Gains So Far This Month Amid Supply Disruptions Stemming from Russia's Invasion of Ukraine

March 10, 2022
Recap: Oil futures tumbled on Wednesday, paring gains so far this month amid supply disruptions stemming from Russia’s invasion of Ukraine. April WTI fell 12%, or $15, to settle at $108.7 a barrel, its worst day since November 26, after topping $130 per barrel earlier in the week ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $4.527 on Tuesday, March 8th

March 9, 2022
Tuesday, March 8th saw the April NYMEX Natural Gas Futures Contract open at of $4.587, nearly twenty-five cents below Monday’s closing price of $4.833. Ascending to an intraday high of $4.704 at 9:50AM amid continued volatility, prices fluctuated within a twenty-cent range throug ... Read More

Oil Futures Jumped for the Third Straight Session, as Supplies in the Global Crude Oil Market Remained Constrained

March 9, 2022
Recap:  Oil futures jumped for the third straight session, as supplies in the global crude oil market remained constrained. Exacerbating the tight supply situation is the Russian invasion of Ukraine and the U.S. imposition of an embargo on Russian imports. Oil prices have already ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $4.833 on Monday, March 7th

March 8, 2022
Monday, March 7th saw the April NYMEX Natural Gas Futures Contract open at of $4.997, two cents below Friday’s closing price of $5.016. Falling from an intraday high of $5.000 within minutes of the opening bell, prices found support near $4.890 by 10:00AM. Getting a little ahead ... Read More

Oil Prices Spiked to Their Highest Levels Since 2008 on Monday Amid Market Supply Fears

March 8, 2022
Recap: Oil prices spiked to their highest levels since 2008 on Monday amid market supply fears as the United States and European allies considered banning Russian oil imports and prospects for a swift return of Iranian crude to global markets receded. Brent topped the session at ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $5.016 on Friday, March 4th

March 7, 2022
Friday, March 4th saw the April NYMEX Natural Gas Futures Contract open at of $4.832, eleven cents above Thursday’s closing price of $4.722. Marking the intraday low of $4.809 out of the gate, the contract posted a staggered ascent throughout the day. Trading near $4.940 at 10:30 ... Read More
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