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March NYMEX Natural Gas Futures Contract Closed at $4.572 on Friday, February 4th

February 7, 2022
Friday, February 4th saw the front-month NYMEX Natural Gas Futures Contract open at $4.774, eleven cents below Thursday’s closing price of $4.888. Ascending to an intraday high of $4.905 at 10:00AM, the contract then moved decidedly lower as short-term forecasts turned mild in pa ... Read More

The Rally in Oil Futures Deepened on Friday, with Both Blends Pulling Away From the $90 Mark

February 7, 2022
Recap:  The rally in oil futures deepened on Friday, with both blends pulling away from the $90 mark, as a harsh winter storm raged in the U.S., piling onto a myriad of supply worries. About 350,000 homes and businesses in states such as Tennessee, Arkansas and Texas were without ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $4.888 on Thursday, February 3rd

February 4, 2022
Thursday, February 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $4.937, fifty-six cents below Wednesday’s closing price of $5.501. Falling to an intraday low of $4.816 by 9:15AM, prices recovered to trade near $5.020 ahead of the weekly storage release. Tren ... Read More

Oil Futures Turned Higher on Thursday, with WTI Piercing the $90 Mark

February 4, 2022
Recap:   Oil futures turned higher on Thursday, with WTI piercing the $90 mark, a day after OPEC+ stuck with a plan to boost production by another 400,000 barrel a day in March. A decline in the U.S. dollar index today to a 2-week low also supported energy prices.  Crude also has ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $5.501 on Wednesday, February 2nd

February 3, 2022
Wednesday, February 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $5.317, nearly fifty-seven cents above Tuesday’s closing price of $4.751. Marking the intraday low of $5.233 within minutes of the open, prices moved steadily higher throughout the day as frigi ... Read More

Oil Prices Slipped From Highs on Wednesday Even After OPEC+ Stuck to Planned Moderate Output Increases

February 3, 2022
Recap: Oil prices slipped from highs on Wednesday even after OPEC+ stuck to planned moderate output increases despite pressure from top consumers to raise output more quickly after prices rallied to 2014 highs. Oil futures peaked in overnight trading, but were unable to hold on t ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $4.751 on Tuesday, February 1st

February 2, 2022
Tuesday, February 1st saw the front-month NYMEX Natural Gas Futures Contract open at $4.659, nearly twenty-two cents below Monday’s closing price of $4.874. Seeking direction within a twenty-cent range throughout the day, prices rose to an intraday high of $4.870 at 10:20AM and s ... Read More

Oil Futures Settled Slightly Mixed on Tuesday

February 2, 2022
Recap:  Oil futures settled slightly mixed on Tuesday, a day ahead of the meeting between OPEC and other major oil producers. After reaching their highest level since the autumn of 2014, oil prices retreated from session highs. WTI for March delivery closed up .05 cents, to settl ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $4.874 on Monday, January 31st

February 1, 2022
Monday, January 31st saw the front-month NYMEX Natural Gas Futures Contract open at $4.831, twenty-eight cents above Friday’s closing price of $4.639. Seeking direction early on, prices slipped to an intraday low of $4.695 at 10:40AM. Climbing from this point past midday to achie ... Read More

Oil Futures Finished Higher Monday, Capping a Sharp January Rally That Lifted Both Brent and WTI

February 1, 2022
Recap: Oil futures finished higher Monday, capping a sharp January rally that lifted both Brent and WTI by more than 17% for the month, as traders follow the threat of a Russian invasion of Ukraine. Oil futures had their biggest January gain in at least 30 years, as robust demand ... Read More
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