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November NYMEX Natural Gas Futures Contracts Closed at $3.166 on Wednesday, October 24th

October 25, 2018
Wednesday, October 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.236, two cents above Tuesday’s closing price of $3.212.  Tallying the intraday high of $3.236 as markets opened, benefitting from a pre-session run up from the $3.190 level, prices were soo ... Read More

The EIA reported total U.S. oil inventories drew by 8 million barrels

October 25, 2018
Recap: After falling hard on Tuesday, WTI shot higher during Wednesday’s trading session after the EIA reported total U.S. oil inventories drew by 8 million barrels on the week ending October 19th. Total commercial oil inventories now stand some 16.9 million below a year ago. Whe ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.212 on

October 24, 2018
Tuesday, October 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.158, two cents above Monday’s closing price of $3.138.  Aiming to overcome the previous session’s losses out of the gate, the contract mounted a steady ascent from the intraday low as markets ... Read More

Oil prices fell to a two-month low

October 24, 2018
Recap: Oil prices slumped on Tuesday, falling to a two-month low, as traders reacted to a sell-off in U.S. equity markets, which raised concern about demand. December WTI fell below $66.00 a barrel for the first time since August 22, as it experienced its largest one day sell-off ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.138 on Monday, October 22nd

October 23, 2018
Monday, October 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.171, eight cents below Friday’s closing price of $3.250.  Coming down from last week’s gains, weather forecasts have turned milder than the previously expected below average temperatures.  See ... Read More

On Monday, oil prices finished the trading session close to unchanged

October 23, 2018
Recap: Oil prices pared early losses on Monday, finishing the trading session close to unchanged. After falling by 1.2%, November WTI reversed course, going off the board at $69.17 a barrel, up 5 cents, or 0.07%. Prices popped as traders took into account the mounting tensions be ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.250 on Friday, October 19th

October 22, 2018
Friday, October 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.172, more than two cents below Thursday’s closing price of $3.198.  Launching from the intraday low as markets opened, prices rose as high as $3.248 by 9:50AM.  Seesawing within a two-cent ran ... Read More

Oil prices posted their second straight week of losses

October 22, 2018
Recap: Despite oil prices rising on Friday, they posted their second straight week of losses, as forecasts for forward demand were lowered, and as U.S crude oil inventories climbed. Adding to the week’s losses was the ongoing trade war between China and the U.S., which is expecte ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.198 on Thursday, October 18th

October 19, 2018
Thursday, October 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.256, roughly six cents below Wednesday’s closing price of $3.320.  Settling near $3.240 by 9:30AM the contract then took pause as the weekly storage release drew near.  Ascending to the intr ... Read More

Oil prices opened higher on Thursday, but were not able to gather momentum to the upside

October 19, 2018
Recap: Oil prices opened slightly higher on Thursday, but were unable to gather momentum to the upside. Macroeconomic worries and lower demand forecasts outweighed concern regarding supply shortfalls due to the impending U.S. sanctions against Iran, and in turn pushed prices to f ... Read More
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