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September NYMEX Natural Gas Futures Contract Closed at $2.070 on Monday, August 5th

August 6, 2019
Monday, August 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.044, nearly eight cents below Friday’s closing price of $2.121.  Slipping to another three-year intraday low of $2.029 ahead of 9:30AM, bulls were quick to provide support as traders can expect t ... Read More

The trade war between the U.S. and China pushed oil prices lower on Monday

August 6, 2019
Recap: The ongoing trade war between the U.S. and China dominated market activity, pushing oil prices lower on Monday. Brent crude oil was hit the hardest, with the October contract falling as much as $2.23, or 3.5%, to a session low of $59.66, the lowest level for a spot futures ... Read More
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Oil prices bounced on Friday, just one day after falling more than 7%

August 5, 2019
Recap: Oil prices bounced on Friday, just one day after falling more than 7%. September WTI was up $2.10, or 3.8%, to $56.05 a barrel by 9:24 a.m. EDT, while October Brent gained $2.43, or 4%, to trade at $62.93 a barrel. The market continues to mull over U.S. President Donald Tr ... Read More
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September NYMEX Natural Gas Futures Contract Closed at $2.121 on Friday, August 2nd

August 5, 2019
Friday, August 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.113, nine cents below Thursday’s closing price of $2.202.  Reaching an intraday high of $2.129 soon after the opening bell, prices swooped downward to record a fresh three-year intraday low of $2 ... Read More

Oil prices fell dramatically on Thursday

August 2, 2019
Recap: Oil prices fell dramatically on Thursday after U.S. President Donald Trump threatened new tariffs on Chinese imports starting September 1. Prices, which were already experiencing their first loss in six days, fell by as much as 8.5% ahead of the day’s settlement period. Se ... Read More
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September NYMEX Natural Gas Futures Contract Closed at $2.202 on Thursday, August 1st

August 2, 2019
Thursday, August 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.317, eight cents above Wednesday’s closing price of $2.233.  Marking an intraday high of $2.318 out of the gate, prices fluctuated along either side of $2.300 leading up to the 10:30AM storage ... Read More

September NYMEX Natural Gas Futures Contract Closed at $2.233 on Wednesday, July 31st

August 1, 2019
Wednesday, July 31st saw the front-month NYMEX Natural Gas Futures Contract open at $2.187, five cents above Tuesday’s closing price of $2.137.  Ascending from the intraday low of $2.177 within minutes of opening, prices rose steadily until reaching an intraday high of $2.268 ahe ... Read More

The EIA reported that U.S. crude oil inventories fell 8.5 million barrels

August 1, 2019
Recap: Oil prices rose for the fifth straight session, gaining support from the larger than expected inventory draw in U.S. crude oil stockpiles. According to the EIA, U.S. crude oil inventories fell 8.5 million barrels in the week ended July 26. Analysts expected a decrease of 2 ... Read More
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Oil prices rose for a fourth day on Tuesday

July 31, 2019
Recap: Oil prices rose for a fourth day on Tuesday on optimism the U.S. Federal Reserve will this week cut interest rates for the first time in more than 10 years, boosting demand expectations in the world’s biggest oil user. Also adding support, were expectations that U.S. crude ... Read More
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September NYMEX Natural Gas Futures Contract Closed at $2.137 on Tuesday, July 30th

July 31, 2019
On Tuesday, July 30th – the September NYMEX Natural Gas Futures Contract began trading as the prompt month. Opening at $2.128, a penny above Monday’s closing price of $2.116, prices retreated to record another multi-year intraday low of $2.107 by 9:30AM.  Foregoing the possibilit ... Read More
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