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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

The EIA reported a 10.3 million barrel build in U.S. crude oil inventories

November 16, 2018
Recap: Crude oil prices continued to bounce from the extreme sell-off made earlier in the week despite the 10.3 million barrel build in U.S. crude oil inventories as reported by the EIA. The significant stockpile build, combined with growing concern about weakening global demand ... Read More
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December NYMEX Natural Gas Futures Contracts Closed at $4.837 on Wednesday, November 14th

November 15, 2018
Wednesday, November 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.591, forty-nine cents above Tuesday’s closing price of $4.101.  Spanning a twenty-four cent range during the day’s opening hour, marking the intraday low of $4.363 ahead of 9:30AM, the con ... Read More

Oil prices finished up as traders weigh in on possibility of an OPEC output cut back

November 15, 2018
Recap: Oil prices recovered on Wednesday, stemming the longest losing streak on record. After opening the session below unchanged, prices broke to the upside in early morning trading as traders weighed in on the possibility OPEC and allied producers would agree to cut back on out ... Read More
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December NYMEX Natural Gas Futures Contracts Closed at $4.101 on Tuesday, November 13th

November 14, 2018
Tuesday, November 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.961, roughly seventeen cents above Monday’s closing price of $3.788.  Slipping to the intraday low of $3.921 shortly after the opening bell, the contract soon shot higher to reach above the ... Read More
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