COVID-19 Response
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March NYMEX Natural Gas Futures Contract Closed at $1.955 on Thursday, February 20th

February 21, 2020
Thursday, February 20th saw the front-month NYMEX Natural Gas Futures Contract open at $1.944, just below Tuesday’s closing price of $1.955. Following the open, prices jumped an intraday high of $2.025 at 11:30AM. After hitting its peak, prices fell steeply and steadily to an int ... Read More

Oil prices were supported by a smaller than expected build in U.S. crude oil inventories

February 21, 2020
Recap: Oil prices bounced on Thursday, supported by a smaller than expected build in U.S. crude oil inventories. Prices had been climbing ahead of the supply data, partly on the back of expectations that efforts by China to stimulate the economy will blunt the hit to crude demand ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $1.955 on Wednesday, February 19th

February 20, 2020
Wednesday, February 19th saw the front-month NYMEX Natural Gas Futures Contract open at $1.963, 2 cents below Tuesday’s closing price of $1.981. Following the open, prices quickly hit an intraday high of $1.976 at 10:00AM. From there, prices buoyed into the afternoon, before a qu ... Read More

Oil prices rose more than 2% on Wednesday

February 20, 2020
Recap: Oil prices rose more than 2% on Wednesday as demand worries eased with a slowing of new coronavirus cases in China and supply curtailed by a U.S. move to cut more Venezuelan crude from the market and after the U.S. imposed sanctions on an arm of Russian oil giant Rosneft a ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $1.981 on Tuesday, February 18th

February 19, 2020
Tuesday, February 18th saw the front-month NYMEX Natural Gas Futures Contract open at $1.951, 12 cents above Friday’s closing price of $1.837. After a brief jump in the early morning, prices steadily fell to an intraday low of $1.943 at 11:00AM. Prices then rose slowly to an intr ... Read More

Trading in oil prices was erratic on Tuesday

February 19, 2020
Recap: Trading in oil prices was erratic on Tuesday, with price gapping higher on the opening, followed by a selloff fueled by rising concern over the impact on crude demand from the coronavirus outbreak in China, and from the continued stalling from Russia, which has been avoidi ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $1.837 on Friday, February 14th

February 18, 2020
Friday, February 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.827, just above Thursday’s closing price of $1.826. Ascending from the day’s intraday low as markets opened, frigid short-term temperatures continued to provide support ahead of the long weeke ... Read More

Oil prices rose for the fourth consecutive session

February 18, 2020
Recap: Oil prices rose for the fourth consecutive session and posted their first weekly gain since early January, as a report of oil purchases by Chinese refiners helped to ease worries about a slowdown in oil demand from the spread of the coronavirus. March WTI rose to a high of ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $1.826 on Thursday, February 13th

February 14, 2020
Thursday, February 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.861, two cents above Wednesday’s closing price of $1.844.  Trending lower through the day’s opening ninety minutes, the weekly storage report drove prices to a momentary intraday high of $1. ... Read More

The effect of the coronavirus has had a strong impact on crude oil prices

February 14, 2020
Recap: Oil prices continued to climb on Thursday, as panic over the coronavirus subsides. Approximately 60 million Chinese citizens have been under lock down since news of the virus broke, crippling China’s economy, as workers are forced to stay home. The effect of the coronaviru ... Read More
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