COVID-19 Response
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Wednesday NYMEX Natural Gas Futures Contract Closed at $2.406 on Wednesday, September 9th

September 10, 2020
Wednesday, September 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.467, nearly seven cents above Tuesday’s closing price of $2.400.  Ascending to an intraday high of $2.480 within minutes of 9:00AM, the contract proceeded to lose 6% in the following ninety ... Read More

October NYMEX Natural Gas Futures Contract Closed at $2.400 on Tuesday, September 8th

September 9, 2020
Tuesday, September 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.523, nearly seven cents below Friday’s closing price of $2.588.  Jumping to an intraday high of $2.554 by 9:10AM as pre-session volatility continued past the opening bell, prices then moved d ... Read More

Oil prices slid to their lowest level since June

September 9, 2020
Recap: Oil prices slide to their lowest level since June on Tuesday, as Saudi Aribia cut its selling price amid a global rise in the number of coronavirus cases, which has stalled an economic recovery. Adding to the pressure was a dramatic drop in the U.S. stock market, which is ... Read More
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October NYMEX Natural Gas Futures Contract Closed at $2.588 on Friday, September 4th

September 8, 2020
Friday, September 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.509, two cents above Thursday’s closing price of $2.487.  Falling to an intraday low of $2.431 by 10:10AM, markets are balancing the coming lull in cooling demand and low LNG exports against t ... Read More

Oil prices experienced largest weekly loss since June

September 8, 2020
Recap: Oil futures fell on Friday, logging their largest weekly loss since June. Prices were pressured by a dismal U.S. jobs report, which showed that job growth continued to slow during the month of August, and as government officials have failed to agree on a new economic stimu ... Read More
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October NYMEX Natural Gas Futures Contract Closed at $2.487 on Thursday, September 3rd

September 4, 2020
Thursday, September 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.512, three cents above Wednesday’s closing price of $2.486.  Ascending to an intraday high of $2.567 by 9:40AM, the contract fell to $2.530 ahead of the weekly storage report’s release.  Jum ... Read More

Oil prices fell as US employment data shows signs of slow economic recovery

September 4, 2020
Recap: Oil prices fell on Thursday, as U.S. unemployment data fueled fears of a slow economic recovery and as the U.S. stock market sharply sold off. Traders looked to the latest U.S. economic data for hints on the outlook for energy demand. On Thursday that data were mixed, with ... Read More
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WTI settled at its lowest level in almost a month

September 3, 2020
Recap: Oil prices fell on Wednesday, with WTI settling at its lowest level in almost a month, as the dollar weakened and concern over gasoline demand overshadowed the 9.4 million barrel drop in U.S. crude oil inventories. The drop in crude oil inventories was due to a record fall ... Read More
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October NYMEX Natural Gas Futures Contract Closed at $2.527 on Tuesday, September 1st

September 2, 2020
Tuesday, September 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.569, six cents below Friday’s closing price of $2.630.  Seeking direction through volatile trading in the day’s opening hour, the contract fell to $2.522 at 9:00AM and rose to $2.592 by 9:45A ... Read More

Oil futures posted modest gains on Tuesday

September 2, 2020
Recap: Oil futures posted modest gains on Tuesday, with WTI settling higher for the fourth straight session, as some economic data show signs of recovery. Bullish manufacturing data out of China aided in reinforcing the view that East Asia continues to move closer to pre-COVID de ... Read More
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