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December NYMEX Natural Gas Futures Contracts Closed at $4.282 on Monday, November 26th

November 27, 2018
Monday, November 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.064, twenty-four cents below Friday’s closing price of $4.308.  Clawing its way up from the intraday low of $4.054 near 9:00AM, traders were enticed by recently discounted prices as forecasts ... Read More

U.S. oil prices posted their largest one day gain in eight weeks

November 27, 2018
Recap: After slipping to their lowest level in 13 months, U.S. oil prices posted their largest one day gain in eight weeks, with the January contract tipping the session at $52.25 a barrel. Behind the move was talk of a meeting between Russia and the Saudi’s taking place this wee ... Read More
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There was a 4.9 million barrel build in U.S. crude oil inventories

November 26, 2018
Recap: After falling to levels not seen in months, oil prices recovered on Wednesday, after the EIA report reflected strong demand for gasoline and diesel. In its immediate reaction to the 4.9 million barrel build in U.S. crude oil inventories, January WTI briefly slipped below $ ... Read More
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December NYMEX Natural Gas Futures Contracts Closed at $4.523 on Tuesday, November 20th

November 21, 2018
Tuesday, November 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.597, roughly ten cents below Monday’s closing price of $4.700.  After recording the intraday high of $4.630 as markets opened, the contract sought direction in the following ninety minutes a ... Read More

Oil prices fell to their lowest level in almost a year

November 21, 2018
Recap: Oil prices fell to their lowest level in almost a year, as the stock market plunged 9 percent on growing concern over slowing global economic growth. Amid the uncertainty, financial traders have become wary of oil markets, seeing further downside risk to prices from the gr ... Read More
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Crude oil continues to experience wild swings

November 20, 2018
Recap: Crude oil continues to experience wild swings, as investors grapple with an oversupplied market amid U.S. lead sanctions against Iran and possible production cuts from OPEC. U.S. oil gapped higher on the open, but quickly turned lower as mounting supplies added pressure. J ... Read More
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December NYMEX Natural Gas Futures Contracts Closed at $4.700 on Monday, November 19th

November 20, 2018
Monday, November 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.518, nearly twenty-five cents above Friday’s closing price of $4.272.  Trending modestly lower to find the intraday high of $4.427 at 10:00AM, the contract then surged upward over the followi ... Read More

December NYMEX Natural Gas Futures Contracts Closed at $4.272 on Friday, November 16th

November 19, 2018
Friday, November 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.145, eleven cents above Thursday’s closing price of $4.038.  In a week where the contract nearly eclipsed the $5.00 level only to sink below $4.000 twenty-four hours later, below-average temp ... Read More

Talk of production cuts provided a lift for oil prices

November 19, 2018
Recap: U.S. crude oil closed in on the $58.00 level in early trading, but was unable to sustain strength. By midday, December WTI fell below unchanged, posting a session low of $55.89. While talk of production cuts provided a lift, the rise in the U.S. active rig count kept gains ... Read More
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December NYMEX Natural Gas Futures Contracts Closed at $4.038 on Thursday, November 15th

November 16, 2018
Thursday, November 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.559, twenty-eight cents below Wednesday’s closing price of $4.837.  Jumping to the intraday high of $4.602 shortly after markets opened, the contract then shed thirty cents before stabilizi ... Read More
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