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March NYMEX Natural Gas Futures Contract Closed at $2.911 on Wednesday, February 10th

February 11, 2021
Wednesday, February 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.851, nearly two cents above Tuesday’s closing price of $2.835.  Falling to an intraday low of $2.838 within minutes of 9:00AM, as it did on Tuesday, the contract then mounted a choppy ascen ... Read More

March NYMEX Natural Gas Futures Contract Closed at $2.835 on Tuesday, February 9th

February 10, 2021
Tuesday, February 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.812, seven cents below Monday’s closing price of $2.882.  Falling to an intraday low of $2.789 soon after the opening bell, prices traded within a tight band near $2.810 for the majority of th ... Read More

Oil futures rose to 13 month highs on Tuesday

February 10, 2021
Recap: Oil futures rose to fresh 13 month highs on Tuesday, erasing early losses, as signs of growing demand amid output cuts, increased optimism over a recovery in demand. A weaker U.S. dollar also lent support, as the dollar fell to its lowest level in a week. Signaling tighten ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $2.882 on Monday, February 8th

February 9, 2021
Monday, February 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.916, nearly five cents above Friday’s closing price of $2.863.  Recording an intraday high of $2.930 within the session’s opening minutes, the contract then trended lower until finding support ... Read More

Oil futures were pushed to their highest level in over a year on Monday

February 9, 2021
Recap: Pandemic related optimism, along with expectations for the passage of the latest U.S. economic stimulus package, pushed oil futures to their highest level in over a year on Monday. Prices also gained support after President Biden held off on immediately lifting sanctions a ... Read More
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Baker Hughes reported that the U.S. oil and gas rig count increased by 8 to 392

February 8, 2021
Recap: Oil futures had a stellar week, with prices up nearly 9%, gaining support as demand slightly improved and as OPEC and its allies stuck to their agreed upon output cuts, feeding expectations for tighter supplies. Also feeding into price gains, were traders anticipation of a ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $2.863 on Friday, February 5th

February 8, 2021
Friday, February 5th saw the front-month NYMEX Natural Gas Futures Contract open at $3.030, nearly ten cents above Thursday’s closing price of $2.935.  Reaching an intraday high of $3.053 as the weather-induced overnight rally found its peak, support soon faded as doubts about li ... Read More

March NYMEX Natural Gas Futures Contract Closed at $2.935 on Thursday, February 4th

February 5, 2021
Thursday, February 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.835, a penny below Wednesday’s closing price of $2.789.  Trading along $2.805 through 10:30AM, prices initially fell to an intraday low of $2.776 as the weekly storage publication hit the wir ... Read More

Oil futures closed higher for the fourth straight session

February 5, 2021
Recap: Oil futures closed higher for the fourth straight session on strong U.S. economic data, falling inventories and the OPEC+ decision to adhere to output cuts however, gains were limited by strength in the U.S. dollar.  Strong U.S. factory data along with improvements in the ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $2.789 on Wednesday, February 3rd

February 4, 2021
Wednesday, February 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.835, a penny below Tuesday’s closing price of $2.845.  Reaching an intraday high of $2.852 within minutes of 9:00AM, the contract broke down throughout the morning until recording the intrad ... Read More
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