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November NYMEX Natural Gas Futures Contract Closed at $2.330 on Monday, September 30th

October 1, 2019
Monday, September 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.342, six cents below Friday’s closing price of $2.404.  Falling to $2.331 shortly after the opening bell, prices rose to an intraday high of $2.363 forty minutes later.  Trading within a one- ... Read More

The market was pressured as China’s economic outlook remained weak even as manufacturing data improved

October 1, 2019
Recap: The oil market continued to trade lower, posting a lower high and a lower low for the fifth consecutive session.  The market was pressured as China’s economic outlook remained weak even as manufacturing data improved.  China warned of instability in international markets f ... Read More
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November NYMEX Natural Gas Futures Contract Closed at $2.404 on Friday, September 27th

September 30, 2019
On Friday, September 27th – the November NYMEX Natural Gas Futures Contract began trading as the prompt month.  Opening at $2.419, roughly two cents below Thursday’s closing price of $2.443, prices fell early on to reach an intraday low of $2.380 at 9:30AM.  Recovering in the fol ... Read More

Oil prices declined in volatile trading on Friday

September 30, 2019
Recap: Oil prices declined in volatile trading on Friday, following a spate of news reports tied to Iranian sanctions, a cease-fire between Saudi Arabia and Yemen, and the U.S. considering limits on investment flows into China. Prices, which were already trading lower, off of the ... Read More
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Prices continue to feel the pressure from rising U.S. crude oil inventories

September 27, 2019
Recap: Oil futures slipped in early trading on Thursday, as prices continued to feel the pressure from rising U.S. crude oil inventories, amid record production. November WTI traded as low as $55.41 a barrel, down $1.08, or 1.9% by 10:58 a.m. EST, while November Brent fell 93 cen ... Read More
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October NYMEX Natural Gas Futures Contract Closed at $2.428 on Thursday, September 26th

September 27, 2019
On Thursday, September 26th – settlement day for the October contract – the front-month NYMEX Natural Gas Futures Contract opened at $2.510, a penny above Wednesday’s closing price of $2.502. Trailing lower to $2.475 by 9:30AM, the contract traded sideways for the subsequent hour ... Read More

October NYMEX Natural Gas Futures Contract Closed at $2.502 on Wednesday, September 25th

September 26, 2019
Wednesday, September 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.471, three cents below Tuesday’s closing price of $2.503.  Touching down to a near three-week intraday low of $2.455 by 9:30AM, markets soon reversed direction and rallied to an intraday h ... Read More

The EIA reported a 2.4 million barrel build in U.S. crude oil inventories

September 26, 2019
Recap: Oil prices fell on Wednesday after the EIA reported a 2.4 million barrel build in U.S. crude oil inventories. Analysts had expected a decline of 190,000 barrels. November WTI, which was already trading $1.74, or 3% lower on the day, slipped an additional 36 cents to hit a ... Read More
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Iranian President Hassan Rouhani said he was open to discuss small changes to the 2015 nuclear deal if the U.S. lifted sanctions on his country

September 25, 2019
Recap: Oil prices declined on Tuesday after U.S. consumer confidence fell to 125.1 in September and after Iranian President Hassan Rouhani said he was open to discuss small changes to the 2015 nuclear deal if the U.S. lifted sanctions on his country. Also contributing to the slip ... Read More
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October NYMEX Natural Gas Futures Contract Closed at $2.503 on Tuesday, September 23rd

September 25, 2019
Tuesday, September 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.541, roughly a penny above Monday’s closing price of $2.527.  Reaching upward to tally the intraday high of $2.552 by 9:10AM, prices then dropped to the $2.530 level and traded sideways thro ... Read More
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