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August NYMEX Natural Gas Futures Contract Closed at $4.102 on Monday, July 26th

July 27, 2021
Monday, July 26th saw the front-month NYMEX Natural Gas Futures Contract open at $4.163, above Friday’s closing price of $4.060.  Ascending to another two-and-a-half year intraday high of $4.187 minutes after the opening bell, the contract then posted a steep decline as the contr ... Read More

Oil futures fell in overnight trading

July 27, 2021
Recap: Oil futures fell in overnight trading as the spread of the COVID-19 Delta variant raised concern about demand, but losses were limited by the forecast that crude oil supply will be tight the rest of the year. Coronavirus case rose over the weekend, with some countries repo ... Read More
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August NYMEX Natural Gas Futures Contract Closed at $4.060 on Friday, July 23rd

July 26, 2021
Friday, July 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.997, just below Thursday’s closing price of $4.003.  Falling to an intraday low of $3.976 by 9:15AM, the contract continued its rally to find a new multi-year high.  Crossing midday at $4.054 and ... Read More

Baker Hughes reported that the oil and gas rig count increased by seven to 491

July 26, 2021
Recap: Oil futures were little changed on Friday, after a strong recovery from Monday’s selloff, underpinned by expectations that supply will remain tight through the year. The price of oil and other riskier assets tumbled at the start of the week on concern over the impact on th ... Read More
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August NYMEX Natural Gas Futures Contract Closed at $4.003 on Thursday, July 22nd

July 23, 2021
Thursday, July 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $3.934, three cents below Wednesday’s closing price of $3.959.  Trading along either side of $3.945 through 10:30AM, the contract plunged to an intraday low of $3.892 as the weekly publication hit ... Read More

Oil futures rose for the third straight day

July 23, 2021
Recap: Oil futures rose for the third straight day, further ignoring the bearish U.S. inventory report and the spread of the Covid-19 Delta variant, as well as reports on Thursday stating China released 22 million barrels of oil from its strategic reserve in a bid to keep a check ... Read More
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August NYMEX Natural Gas Futures Contract Closed at $3.959 on Wednesday, July 21st

July 22, 2021
Wednesday, July 21st saw the front-month NYMEX Natural Gas Futures Contract open at $3.910, nearly four cents above Tuesday’s closing price of $3.876.  Falling to an intraday low of $3.891 soon after the opening bell, prices soared to an intraday high of $3.965 at 11:00AM, the hi ... Read More

Data showed an unexpected 2.1 million barrel build in U.S. crude oil inventories

July 22, 2021
Recap: Oil futures jumped on Wednesday despite data showing an unexpected 2.1 million barrel build in U.S. crude oil inventories, which broke an eight week streak of declines. The driver behind the increase in stockpiles was a surge in imports, which reached their highest in a ye ... Read More
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August NYMEX Natural Gas Futures Contract Closed at $3.876 on Tuesday, July 20th

July 21, 2021
Tuesday, July 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.852, seven cents above Monday’s closing price of $3.779.  Continuing its pre-session momentum to reach an intraday high of $3.884, prices then withdrew to tally an intraday low of $3.859 at 9:30A ... Read More

Oil futures bounced back on Tuesday

July 21, 2021
Recap: Perhaps a little bit overdone to the downside, oil futures bounced back on Tuesday, erasing some of the panic selling seen on Monday after OPEC+ agreed to boost supplies, and as concern over the surging delta coronavirus variant increased. Despite today's modest bounce, oi ... Read More
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