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January NYMEX Natural Gas Futures Contract Closed at $4.055 on Tuesday, December 28th

December 29, 2021
Tuesday, December 28th saw the front-month NYMEX Natural Gas Futures Contract open at $3.972, almost nine cents below Monday’s closing price of $4.060. Prices would drop to their intraday low of $3.955 minutes after open, around 9:40AM. For the second consecutive day, prices saw ... Read More

January NYMEX Natural Gas Futures Contract Closed at $4.060 on Monday, December 27th

December 28, 2021
Monday, December 27th – saw the front-month NYMEX Natural Gas Futures Contract open at an intraday low of $3.884, fifteen cents above Thursday’s closing price of $3.731. Prices saw steady, almost linear growth throughout the day. The contract plateaued at $4.000 around 12:00, bef ... Read More

Oil futures rose to their highest level since November

December 28, 2021
Recap: Despite surging cases of the Omicron coronavirus variant, oil futures pulled out gains on Monday, rising to their highest level since November on hopes that there would be a limited impact on global demand in 2022. Brent for February delivery added $2.46, or 3.2%, to settl ... Read More
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January NYMEX Natural Gas Futures Contract Closed at $3.731 on Thursday, December 23rd

December 27, 2021
Thursday, December 23rd – saw the front-month NYMEX Natural Gas Futures Contract open at $3.792 eighteen cents below Wednesday’s closing price of $3.976. Continuing the pre-session decline, prices slipped to an intraday low of $3.599 at 10:00AM. Jumping from $3.642 as the weekly ... Read More

The oil market has wavered in recent days over how seriously to take the threat of another slump in fuel demand

December 27, 2021
Recap: Oil futures extended their gains in a lightly traded market on Thursday on signs that the worst effects of the Omicron variant might me more containable than previously feared, even as countries imposed travel restrictions on surging infection levels. The oil market has wa ... Read More
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January NYMEX Natural Gas Futures Contract Closed at $3.976 on Wednesday, December 22nd

December 23, 2021
Wednesday, December 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $4.025, nearly sixteen cents above Tuesday’s closing price of $3.869. Picking up ground overnight as updated forecasts are calling for frigid temps in early January, the contract traded within ... Read More

The EIA reported a 4.7 million barrel draw in U.S. crude oil inventories

December 23, 2021
Recap: Oil futures extended their gains on Wednesday after the EIA reported a 4.7 million barrel draw in U.S. crude oil inventories and as traders shook off worries about the likely hit to economic activity from the spread of the Omicron variant of coronavirus. The oil market's r ... Read More
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January NYMEX Natural Gas Futures Contract Closed at $3.869 on Tuesday, December 21st

December 22, 2021
Tuesday, December 21st  saw the front-month NYMEX Natural Gas Futures Contract open at $3.858, two cents above Monday’s closing price of $3.834. Marking the intraday low of $3.818 out of the gate, the contract mounted a steady ascent to peak at $3.947 at midday. Trading within a ... Read More

Tuesday’s higher prices follows a drop of nearly 6% over the last two sessions

December 22, 2021
Recap: Oil futures settled higher on Tuesday, following two straight days of losses ignited by fears the spread of the Omicron variant of COVID-19 would slice into demand as new lockdowns and travel restrictions are put in place to slow the rising cases of new infections. Tuesday ... Read More
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January NYMEX Natural Gas Futures Contract Closed at $3.834 on Monday, December 20th

December 21, 2021
Monday, December 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.833, fourteen cents above Friday’s closing price of $3.690. Peaking momentarily above $3.920 near 9:20AM, prices hovered near $3.870 until 11:30AM.  Jumping to an intraday high of $3.924 at 11 ... Read More
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