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December NYMEX Natural Gas Futures Contracts Closed at $3.237 on Thursday, November 1st

November 2, 2018
Thursday, November 1st saw the front-month NYMEX Natural Gas Futures Contracts open at $3.277, nearly two cents above Wednesday’s closing price of $3.261.  Ascending to trade along either side of $3.285 through 10:30AM, a lower than expected storage injection temporarily sent pri ... Read More

Oil prices fell for the fourth straight day

November 2, 2018
Recap: Oil prices fell for the fourth straight day, owing its weakness to increased output by some of the world’s largest producers and mounting concern over weaker global demand due to the U.S. - China trade dispute. Signs of slowing demand have already been seen, as China’s man ... Read More
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December NYMEX Natural Gas Futures Contracts Closed at $3.261 on Wednesday, October 31st

November 1, 2018
Wednesday, October 31st saw the front-month NYMEX Natural Gas Futures Contracts open at $3.236, five cents above Tuesday’s closing price of $3.187.  Experiencing choppy trading through the morning as analysts weighed weather and storage expectations, the contract slipped to the i ... Read More

The EIA reported that crude oil inventories rose 3.2 million barrels

November 1, 2018
Recap: Oil prices fell on Wednesday after U.S. crude oil inventories rose for the sixth straight week. According to the EIA, crude oil inventories rose 3.2 million barrels, matching analyst’s expectations. Prices posted their largest monthly decline in more than 2 years, pressure ... Read More
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December NYMEX Natural Gas Futures Contracts Closed at $3.187 on Tuesday, October 30th

October 31, 2018
On Tuesday, October 30th – the December NYMEX Natural Gas Futures Contracts began trading as the prompt month.  Opening at $3.246, five cents above Monday’s closing price of $3.198, prices initially launched to a ten-day intraday high of $3.281 before returning to trade near Mond ... Read More

Oil prices continue to be pressured by rising U.S. crude oil inventories

October 31, 2018
Recap: Oil prices headed south on Tuesday, during a choppy trading session, on mounting concern over what impact the U.S. – China trade dispute would have on the global economy and fuel demand. Oil prices also continue to be pressured by rising U.S. crude oil inventories, which a ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.198 on Monday, October 29th

October 30, 2018
On Monday, October 29th – settlement day for the November contract – the front-month NYMEX Natural Gas Futures Contracts opened at $3.154, three cents below Friday’s closing price of $3.185.  Facing downward pressure due to mild forecasts through early November, prices moved lowe ... Read More

Oil prices slipped on Monday after Russia hinted that output would remain high

October 30, 2018
Recap: Oil prices slipped on Monday after Russia hinted that output would remain high, while concern over the global economy dampened the outlook for demand for oil. Oil prices are on track for the worst monthly performance since mid-2016, as hedge funds cut bullish positions and ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.185 on Friday, October 26th

October 29, 2018
Friday, October 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.143, six cents below Thursday’s closing price of $3.202.  Trading lower through 10:20AM as the contract marked the intraday low of $3.102, prices quickly reversed direction with aims to reclai ... Read More

Oil price gains were limited by falling equity markets and concerns about trade wars

October 29, 2018
Recap: Oil prices reversed early losses on Friday, gaining support from the impending U.S. sanctions against Iran. However, gains were limited by falling equity markets and concerns about trade wars and their impact on demand. Prices posted a third weekly decline due to the afore ... Read More
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