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October NYMEX Natural Gas Futures Contract Closed at $4.985 on Monday, September 20th

September 21, 2021
Monday, September 20th saw the front-month NYMEX Natural Gas Futures Contract open at $5.087, eleven cents below Thursday’s closing price of $5.105. Posting a choppy ascent to attain an intraday high of $5.172 at 11:30AM, prices then pulled as updated forecasts called for a decli ... Read More

Energy companies in the U.S. Gulf of Mexico restarted after back-to-back hurricanes in the region shut output

September 20, 2021
Recap: Oil prices turned softer on Friday as energy companies in the U.S. Gulf of Mexico restarted after back-to-back hurricanes in the region shut output. As of Thursday, about 28% of U.S. Gulf of Mexico crude production remained offline, two-and-a-half weeks after Hurricane Ida ... Read More
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October NYMEX Natural Gas Futures Contract Closed at $5.105 on Friday, September 17th

September 20, 2021
Friday, September 17th saw the front-month NYMEX Natural Gas Futures Contract open at $5.228, eleven cents below Thursday’s closing price of $5.335. Marking an intraday high of $5.253 within minutes of the opening bell, the contract fluctuated along $5.215 through mid-afternoon. ... Read More

October NYMEX Natural Gas Futures Contract Closed at $5.335 on Thursday, September 16th

September 17, 2021
Thursday, September 16th saw the front-month NYMEX Natural Gas Futures Contract open at $5.468, twenty-one cents above Tuesday’s closing price of $5.460.  Surging to an intraday high of $5.600 within minutes of the opening bell, the contract came crashing down in the subsequent t ... Read More

Oil futures erased earlier losses

September 17, 2021
Recap: Oil futures erased earlier losses while investors weighed the expiration of crude oil options as well as the impact of mixed U.S. economic data. After declining as much as 1.5% on Thursday, crude oil futures reversed to the upside after U.S. retail sales unexpectedly incre ... Read More
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October NYMEX Natural Gas Futures Contract Closed at $5.460 on Wednesday, September 15th

September 16, 2021
Wednesday, September 15th saw the front-month NYMEX Natural Gas Futures Contract open at $5.468, twenty-one cents above Tuesday’s closing price of $5.260.  Surging higher out of the gate to continue the pre-session rally, prices soared to a fresh seven-year intraday high of $5.95 ... Read More

Oil futures settled at their highest level since July

September 16, 2021
Recap: Oil futures settled at their highest level since July, after U.S. crude oil inventories fell for the sixth straight week. Subdued refinery runs and limited production led to a 6.4 million barrel drop in domestic crude oil supplies, as the Gulf of Mexico was hit with a powe ... Read More
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Oil futures rose for the third straight session on Tuesday

September 15, 2021
Recap: Oil futures rose for the third straight session on Tuesday, as Nicholas weakened to a tropical storm and the IEA said demand would rebound in the remainder of the year. The Gulf region is recovering from Hurricane Ida, with more than 40% of its oil and gas output still shu ... Read More
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October NYMEX Natural Gas Futures Contract Closed at $5.231 on Monday, September 13th

September 14, 2021
Monday, September 13th saw the front-month NYMEX Natural Gas Futures Contract open at $5.176, twenty-four cents above Friday’s closing price of $4.938. Marking an intraday low of $5.116 by 9:20AM, the contract continued its pre-session rally to overtake $5.220 by midday. Ascendin ... Read More

WTI rose above $70 a barrel on Monday

September 14, 2021
Recap: WTI rose above $70 a barrel on Monday, for the first time since early August, as almost half of the production in the Gulf of Mexico remains shut in following Hurricane Ida that spilled through the region just two weeks ago. This combined with OPEC raising its 2022 estimat ... Read More
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