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March NYMEX Natural Gas Futures Contract Closed at $4.283 on Thursday, January 27th

January 28, 2022
Thursday, January 27th – settlement day for the February contract – saw the front-month NYMEX Natural Gas Futures Contract open at $4.308, three cents above Wednesday’s closing price of $4.277. Climbing throughout the day, prices skyrocketed ahead of settlement, which analysts ar ... Read More

February NYMEX Natural Gas Futures Contract Closed at $4.277 on Wednesday, January 26th

January 27, 2022
Wednesday, January 26th – saw the front-month NYMEX Natural Gas Futures Contract open at $4.348, twenty-nine cents above Tuesday’s closing price of $4.053. Marking the intraday high of $4.372 following a pre-session rally, the contract trended lower into the morning. Analysts are ... Read More

Oil Futures Rallied on Wednesday, With Both WTI and Brent Reaching Seven Year Highs

January 27, 2022
Recap: Oil futures rallied on Wednesday, with both WTI and Brent reaching seven year highs. Prices were supported by tight supplies and rising political tensions between Russia and Ukraine which added to concerns about further disruption in an already tight market. Producers cont ... Read More
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February NYMEX Natural Gas Futures Contract Closed at $4.053 on Tuesday, January 25th

January 26, 2022
Tuesday, January 25th – saw the front-month NYMEX Natural Gas Futures Contract open at $3.995, three cents below Monday’s closing price of $4.027. Touching down to an intraday low of $3.939 by 9:15AM, the contract chopped around the $3.980 level until ascending higher near midday ... Read More

Oil futures reversed early losses on Tuesday on concerns supplies could become tightened

January 26, 2022
Recap: Oil futures reversed early losses on Tuesday on concerns supplies could become tightened due to Ukraine-Russia tensions, threats to infrastructure in the United Arab Emirates and OPEC+ struggling to hit its targeted monthly output increase. The rise in oil prices came desp ... Read More
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February NYMEX Natural Gas Futures Contract Closed at $4.027 on Monday, January 24th

January 25, 2022
Monday, January 24th – saw the front-month NYMEX Natural Gas Futures Contract open at $3.932, nearly seven cents below Friday’s closing price of $3.999.  Falling to an intraday low of $3.929 within minutes of the open, prices then trended higher heading into midday. Reaching an i ... Read More

Oil Futures Fell Almost 2% on Monday, As Talk of a Rate Hike by the U.S. Federal Reserve Led to a Risk-Off Selling Fury by Investors

January 25, 2022
Recap: Oil futures fell almost 2% on Monday, as talk of a rate hike by the US Federal reserve led to a risk-off selling fury by investors, who fear that a rate hike may come sooner than expected. Equities also tumbled, while the dollar rose, adding pressure on crude oil prices. S ... Read More
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February NYMEX Natural Gas Futures Contract Closed at $3.999 on Friday, January 21st

January 24, 2022
Friday, January 21st – saw the front-month NYMEX Natural Gas Futures Contract open at $3.892, nine cents above Thursday’s closing price of $3.802. Touching down to an intraday low of $3.863 at 10:10AM, the contract mounted a steady recovery that would span late into the afternoon ... Read More

Oil Futures Traded Lower on Friday, Marking the Second Straight Session of Losses

January 24, 2022
Recap: Oil futures traded lower on Friday, marking the second straight session of losses, after oil prices had reached a new seven year high earlier in the week. It appeared that the oil markets did find some spill over impact from the risk of trading actions taken by traders in ... Read More
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February NYMEX Natural Gas Futures Contract Closed at $3.802 on Thursday, January 20th

January 21, 2022
Thursday, January 20th – saw the front-month NYMEX Natural Gas Futures Contract open at $3.926, ten cents below Wednesday’s closing price of $4.031. Marking the intraday high of $3.933 within minutes of the open, prices plodded downward leading up to the weekly storage report. Tr ... Read More
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