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December NYMEX Natural Gas Futures Contract Closed at $2.888 on Friday, November 6th

November 9, 2020
Friday, November 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.899, four cents below Thursday’s closing price $2.942.  Ascending to an intraday high of $2.941 by 9:20AM, prices then fell to an intraday low of $2.866 ninety minutes later as forecasts for be ... Read More

Oil futures were pressured by the spread of the coronavirus cases

November 9, 2020
Recap: Oil futures fell on Friday, pressured by the spread of the coronavirus cases, which hit a record in the U.S. of 100,000 new cases for the second straight day. As some countries introduce new restrictions on business and consumer activity, worries over their impact on deman ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $2.942 on Thursday, November 5th

November 6, 2020
Thursday, November 5th saw the front-month NYMEX Natural Gas Futures Contract open at $3.086, four cents above Wednesday’s closing price $3.046.  Fluctuating along $3.080 until 10:30AM, prices jumped to an intraday high of $3.107 as the bullish storage report hit the wire.  Trend ... Read More

Oil prices fell on Thursday, ending three straight sessions of gains

November 6, 2020
Recap: Oil futures were unable to sustain late morning gains, as attention once again turned to the global increase in the number of coronavirus cases and its impact on demand and economic growth, while traders await the results of the U.S. presidential election. December WTI sli ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $3.046 on Wednesday, November 4th

November 5, 2020
Wednesday, November 4th saw the front-month NYMEX Natural Gas Futures Contract open at $3.034, two cents below Tuesday’s closing price $3.059.  Falling to an intraday low of $3.005 by 10:30AM, buyers then swooped in as prices rose to an intraday high of $3.083 an hour later.  Wit ... Read More

Oil prices were lifted by a 8 million barrel draw in U.S. crude oil inventories

November 5, 2020
Recap: Oil prices bounced around on Wednesday, lifted by the 8 million barrel draw in U.S. crude oil inventories and, as we await the results of the contentious U.S. presidential race to the White House. A Trump win could be supportive for oil prices, as sanctions against Iran wi ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $3.059 on Tuesday, November 3rd

November 4, 2020
Tuesday, November 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.130, eleven cents below Monday’s closing price $3.244.  Down roughly 7% from Friday’s near two-year high, warming weather forecasts and the absence of production disturbances in the Gulf have ... Read More

WTI settled at its highest level in a week

November 4, 2020
Recap: Oil futures rose on Tuesday, with WTI settling at its highest level in a week. Gains came, as traders hang on to the prospect that OPEC+ would delay production curbs set to end at the start of the new year, and as the U.S. presidential election reaches its final stretch, s ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $3.244 on Monday, November 2nd

November 3, 2020
Monday, November 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $3.245, eleven cents below Friday’s closing price $3.354.  Following Friday’s near two-year intraday high, the contract pulled back yesterday morning likely to do warming short-term forecasts.  Re ... Read More

Oil futures marked their first gain in four sessions

November 3, 2020
Recap: Oil futures erased early losses on Monday, to mark their first gain in four sessions following a rebound in equities ahead of the contentious U.S. presidential election. Adding to the strength in the market were Russian discussions over a possible delay in plans to increas ... Read More
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