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Friday’s close marked the ninth straight week of gains for WTI

October 25, 2021
Recap: Oil prices rebounded on Friday as China’s real estate giant, Evergrande, paid overdue interest, helping the company dodge default, lowering concerns about the company. Prices were also higher due to the easing of travel restrictions and a slow recovery in U.S. crude produc ... Read More
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November NYMEX Natural Gas Futures Contract Closed at $5.280 on Friday, October 22nd

October 25, 2021
Friday, October 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $5.325, twenty-one cents above Thursday’s closing price of $5.115.  Ascending to an intraday high of $5.379 as calls for cooler temperatures come November have entered the forecast, the contract s ... Read More

November NYMEX Natural Gas Futures Contract Closed at $5.115 on Thursday, October 21st

October 22, 2021
Thursday, October 21st saw the front-month NYMEX Natural Gas Futures Contract open at $5.092, eight cents below Wednesday’s closing price of $5.170. Trading along either side of $5.085 heading into the weekly storage publication, prices edged lower following the release of the be ... Read More

Oil futures pulled back after reaching fresh seven year highs

October 22, 2021
Recap:  After reaching fresh seven year highs on Thursday, oil futures pulled back, as traders appeared to be taking profits amid concerns around global economic growth. Rising coronavirus cases in Eastern Europe and Russia have led to the resurgence of lockdowns, threatening the ... Read More
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November NYMEX Natural Gas Futures Contract Closed at $5.170 on Wednesday, October 20th

October 21, 2021
Wednesday, October 20th saw the front-month NYMEX Natural Gas Futures Contract open at $4.965, twelve cents below Tuesday’s closing price of $5.088. Falling to an intraday low of $4.912 by 9:30AM, prices were then directed higher to continue the previous day’s bullish-production ... Read More

Oil futures headed higher on Wednesday

October 21, 2021
Recap: Oil futures headed higher on Wednesday, buoyed by a surprise weekly decline in U.S. crude inventories and a drop in gasoline stocks to their lowest in almost two years, even as China's move to bolster coal supplies looked to dull the outlook for oil demand. The drop in U.S ... Read More
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November NYMEX Natural Gas Futures Contract Closed at $5.088 on Tuesday, October 19th

October 20, 2021
Tuesday, October 19th saw the front-month NYMEX Natural Gas Futures Contract open at $4.860, thirteen cents below Monday’s closing price of $4.989. Recording a fresh one-month intraday low of $4.825 early on, prices then moved confidently higher to cross midday near $5.044.  Reac ... Read More

WTI closed at a fresh seven-year high as supplies remain tight

October 20, 2021
Recap: Oil futures were up on Tuesday, with WTI closing at a fresh seven-year high as supplies remain tight amid an improving global economy and rising natural gas and coal prices in Europe and Asia. The rise in prices is supported by an adherence to the gradual increase in produ ... Read More
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Crude oil prices finished mixed on Monday

October 19, 2021
Recap: Crude oil prices finished mixed on Monday after both blends retreated from multiyear highs on tight supply concerns. Trading was mixed as U.S. industrial output for September fell, tempering early enthusiasm about demand. However, WTI held onto gains on concerns that deman ... Read More
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November NYMEX Natural Gas Futures Contract Closed at $4.989 on Monday, October 18th

October 19, 2021
Monday, October 18th saw the front-month NYMEX Natural Gas Futures Contract open at $5.166, twenty-four cents below Friday’s closing price of $5.410. Gapping lower over the weekend, prices tallied to an intraday high of $5.240 at 11:00AM before posting a steep decline. Slipping t ... Read More
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