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June NYMEX Natural Gas Futures Contract Closed at $7.956 on Monday, May 16th

May 17, 2022
Monday, May 16th saw the June NYMEX Natural Gas Futures Contract open at $7.849, nearly nineteen cents above Friday’s closing price of $7.663. Surging upward after the opening bell to tally a ten-day intraday high of $8.183, struggling production and steady European demand provid ... Read More

June NYMEX Natural Gas Futures Contract Closed at $7.663 on Friday, May 13th

May 16, 2022
Friday, May 13th saw the June NYMEX Natural Gas Futures Contract open at $7.881, fourteen cents above Thursday’s closing price of $7.739. Achieving the intraday high of $7.911 out of the gate, prices moved decidedly lower to cross $7.620 by 9:30AM as mild short-term temperatures ... Read More

RBOB Futures Surged to a Record Close on Friday, Boosting Crude Oil to a Positive Weekly Finish

May 16, 2022
Recap:  RBOB futures surged to a record close on Friday, boosting crude oil to a positive weekly finish. Driving today's large gains was a rebound in risk appetite as US stock markets rallied a bit after a brutal trading week. Also, energy investors remain very concerned over fal ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $7.739 on Thursday, May 12th

May 13, 2022
Thursday, May 12th saw the June NYMEX Natural Gas Futures Contract open at $7.383, twenty-six cents below Wednesday’s closing price of $7.640. Marking the intraday low of $7.271 out of the gate, prices rose aggressively to reach surpass $7.700 by 10:00AM. Jumping to $7.732 as the ... Read More

Oil Futures Slipped in Early Trading on Thursday, as Traders Struggle With the Direction of This Market

May 13, 2022
Recap: Oil futures slipped in early trading on Thursday, as traders struggle with the direction of this market amid continued COVID lockdowns in China, high inflation fears and the Russian invasion of Ukraine. Adding to the early pressure was OPEC, which lowered its forecast for ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $7.640 on Wednesday, May 11th

May 12, 2022
Wednesday, May 11th saw the June NYMEX Natural Gas Futures Contract open at $7.617, twenty-three cents above Tuesday’s closing price of $7.385. Sinking to the intraday low of $7.617 early on, the contract posted a jump to the $7.640 level as short-term weather forecasts turn bull ... Read More

Oil Futures Shrugged Off the 8.5 Million Barrel Increase in U.S. Crude Oil Inventories

May 12, 2022
Recap: Oil futures shrugged off the 8.5 million barrel increase in U.S. crude oil inventories, to turn markedly higher on the day after the EIA released its report showing a 3.6 million barrel drop in U.S. gasoline inventories and as distillate stockpiles fell 900,000 barrel to a ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $7.385 on Tuesday, May 10th

May 11, 2022
Tuesday, May 10th saw the June NYMEX Natural Gas Futures Contract open at $6.516, fifty-one cents below Monday’s closing price of $7.026. Tallying the intraday low of $6.505 within minutes of the open, prices then surged higher as profit-taking subsided, and traders looked to hea ... Read More

WTI Dropped Below $100 a Barrel, Hitting a Two-Week Low

May 11, 2022
Recap: Oil futures continued to slide on Tuesday, falling $10.01 or 9.12% over the last two sessions. WTI dropped below $100 a barrel, hitting a two-week low as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar m ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $7.026 on Monday, May 9th

May 10, 2022
Monday, May 9th saw the June NYMEX Natural Gas Futures Contract open at $7.856, nineteen cents below Friday’s closing price of $8.043. Recording the intraday high of $7.865 within minutes of the open, prices withdrew to continue Friday’s selloff as production concerns ease. Keep ... Read More
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