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June NYMEX Natural Gas Futures Contract Closed at $2.613 on Tuesday, May 21st

May 22, 2019
Tuesday, May 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.645, three cents below Monday’s closing price of $2.673.  Reaching the intraday high of $2.650 by 9:10AM, prices soon trended lower as concerns surrounding production capabilities faded.  Marking ... Read More

Oil prices were pressured by trade disputes between the U.S. and China

May 22, 2019
Recap: Oil prices bounced around the unchanged level on Tuesday, with tensions in the Middle East providing early support, while trade disputes between the U.S. and China added pressure. A lack of fresh fundamentals has kept prices contained within a $4.00 trading range for the p ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $2.673 on Monday, May 20th

May 21, 2019
Monday, May 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.686, more than three cents above Friday’s closing price of $2.631.  Building upon Friday’s weather-induced ascent, prices rose to a five-week intraday high of $2.700 by 11:00AM.  Slipping lower in ... Read More

OPEC indicated that it would most likely stick to current production cuts

May 21, 2019
Recap: After trading at their highest level in almost 3 weeks, oil prices eased on Monday as OPEC indicated it would most likely stick to current production cuts. June WTI hit a high of $63.81 a barrel, up $1.05, or 1.67%, while July Brent rose $1.18, or 1.6%, to a session high o ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $2.631 on Friday, May 17th

May 20, 2019
Friday, May 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.643, just above Thursday’s closing price of $2.639.  Fluctuating within a wide range through the morning hours, prices fell to an intraday low of $2.616 within minutes of 9:00AM and rose to an intr ... Read More

Oil prices traded mostly flat in what was a volatile session

May 20, 2019
Recap: After moving higher in overnight trading on Friday, oil prices traded mostly flat in what was a volatile session.  In early trading, July Brent was up 61 cents at $73.23 a barrel by 6:22 am EDT, while June WTI added 77 cents, to trade at a session high of $63.64 a barrel. ... Read More
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Oil prices climbed for the third straight session on Thursday

May 17, 2019
Recap: Oil prices climbed for the third straight session on Thursday, as tensions in the Mid-East heated after a Saudi-led coalition launched air strikes on Iranian aligned Houthi forces in Yemen. June WTI was up $1.46, or 2.3 percent, at $73.36 a barrel by 11:26 EDT, its highest ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $2.601 on Wednesday, May 15th

May 16, 2019
Wednesday, May 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.654, slightly below Tuesday’s closing price of $2.659.  Tallying an intraday high of $2.655 out of the gate, the contract then plummeted below $2.620 within minutes of the session’s opening bell ... Read More

The EIA reported a 5.4 million barrel decrease in U.S. crude oil inventories

May 16, 2019
Recap: Oil prices rose on Wednesday, erasing early losses, as traders focused on rising tensions in the Middle East, despite the EIA reporting a 5.4 million barrel decrease in U.S. crude oil inventories. June WTI, which had fallen 1.5 percent to a session low of $60.85 prior to t ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $2.659 on Tuesday, May 14th

May 15, 2019
Tuesday, May 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.657, nearly four cents above Monday’s closing price of $2.621.  Fluctuating along $2.650 through the morning hours, prices reached an intraday high of $2.664 at 9:40AM and an intraday low of $2.63 ... Read More
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