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October NYMEX Natural Gas Futures Contracts Closed at $2.804 on Monday, September 10th

September 11, 2018
Monday, September 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.770, slightly below Friday’s closing price of $2.776.  Sinking to the intraday low of $2.752 by 9:20AM, recently diminished prices then triggered a bout of buying as prices ascended in the s ... Read More

Traders turned their attention to the potential of Hurricane Florence and its impact on demand on the East Coast.

September 11, 2018
Recap: After posting gains in overnight trading, WTI reversed to the downside on increasing concern that Hurricane Florence, which is brewing out in the Atlantic, would diminish demand for oil. October WTI, which at one point was trading as much as 1.1% higher on the day, gave ba ... Read More
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October NYMEX Natural Gas Futures Contracts Closed at $2.776 on Friday, September 7th

September 10, 2018
Friday, September 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.776, just above Thursday’s closing price of $2.772.  Dropping to the intraday low of $2.759 by 9:30AM, the contract traded within a tight band along either side of $2.770 for the majority of ... Read More

Oil prices were pressured by a weaker equity market, strength in the dollar and Thursday's U.S. inventory report

September 10, 2018
Recap: Oil prices spent most of Friday’s session trading to the downside, pressured by several factors including but not limited to a weaker equity market, strength in the dollar and Thursday’s bearish U.S. inventory report. October WTI fell as much as 1.3%, while Brent slipped 0 ... Read More
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EIA report showed builds in U.S. gasoline and distillate stockpiles

September 7, 2018
Recap: Oil prices gained early in the session, getting a boost from a weaker dollar and healthy U.S. demand. However, these early gains were short-lived, as traders turned their focus to emerging markets and trade wars between China and the U.S; as a new round of tariffs draw nea ... Read More
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October NYMEX Natural Gas Futures Contracts Closed at $2.772 on Thursday, September 6th

September 7, 2018
Thursday, September 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.794, even to Wednesday’s closing price of $2.795.  Recording the intraday high of $2.797 as markets opened, prices tumbled downward to seesaw along $2.780 through 10:30AM.  Experiencing vol ... Read More

October NYMEX Natural Gas Futures Contracts Closed at $ 2.795 on Wednesday, September 5th

September 6, 2018
Wednesday, September 5th saw the front-month NYMEX Natural Gas Futures open at $2.836, a penny above Tuesday’s closing price of $2.823.  Despite pre-market trading that lifted the contract above $2.84, prices descended gradually through the day as steady production has traders ov ... Read More

Oil prices slipped on Wednesday after Tropical Storm Gordon petered out as it hit the U.S. Gulf Coast

September 6, 2018
Recap: Oil prices slipped on Wednesday after Tropical Storm Gordon petered out as it hit the U.S. Gulf Coast, without leaving any damage to oil-producing infrastructure. With the storm being a non-event, refining operations resumed. This combined with heightened demand concerns i ... Read More
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October NYMEX Natural Gas Futures Contracts Closed at $2.823 on Tuesday, September 4th

September 5, 2018
Tuesday, September 4th saw the front-month NYMEX Natural Gas Futures open at $2.857, six cents below Friday’s closing price of $2.916.  Experiencing volatility within the opening hour, prices dropped as low as $2.835 early on before surging to an intraday high of $2.874 at 9:40AM ... Read More

Tropical Storm Gordon could potentially lead to supply disruptions

September 5, 2018
Recap: Oil prices rose on Tuesday, gaining strength on the potential that Tropical Storm Gordon could reach hurricane status by the time it is set to hit the U.S. Gulf Coast thereby leading to supply disruptions. However, gains were kept at bay by expectations crude oil stockpile ... Read More
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