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July NYMEX Natural Gas Futures Contract Closed at $1.822 on Thursday, June 4th

June 5, 2020
Thursday, June 4th saw the front-month NYMEX Natural Gas Futures Contract open at $1.819, just below Wednesday’s closing price of $1.821.  Rising steadily to $1.835 ahead of 10:30AM, prices jumped to an intraday high of $1.854 as the weekly storage publication hit the wire.  Fall ... Read More

July NYMEX Natural Gas Futures Contract Closed at $1.821 on Wednesday, June 3rd

June 4, 2020
Wednesday, June 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.830, five cents above Tuesday’s closing price of $1.777.  Ascending to an intraday high of $1.861 by 9:20AM as the result of a short-covering rally, the contract stepped lower to cross midday at ... Read More

Oil prices finished at their highest level in three months

June 4, 2020
Recap: Oil prices finished at their highest level in three months on Wednesday, as news that OPEC+ producers have reached an agreement to extend recent production cutbacks into July. While weekly declines in U.S. crude stockpiles and supplies at the Cushing, Okla. storage hub rep ... Read More
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Crude oil futures jumped by more than $1 a barrel on Tuesday

June 3, 2020
Recap: Crude oil futures jumped by more than $1 a barrel on Tuesday after it was reported that Saudi Arabia was in favor of extending cuts one to three months longer and as worldwide coronavirus restrictions continue to ease. Major producers, including Russia have said they would ... Read More
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July NYMEX Natural Gas Futures Contract Closed at $1.777 on Tuesday, June 2nd

June 3, 2020
Tuesday, June 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.786, a penny above Monday’s closing price of $1.774.  In a relatively calm day of trading, the contract fluctuated within two cents of $1.785 for the duration of the session as markets stabilize a ... Read More

July NYMEX Natural Gas Futures Contract Closed at $1.774 on Monday, June 1st

June 2, 2020
Monday, June 1st saw the front-month NYMEX Natural Gas Futures Contract open at $1.773, eight cents below Friday’s closing price of $1.849.  Following the previous session’s short-covering rally, the contract fell to an intraday low of $1.754 by 9:15AM.  Mounting a choppy ascent ... Read More

Tensions between the U.S. and China raised concern over the prospect of demand

June 2, 2020
Recap: Oil futures opened to the downside, with traders unloading risk, as tensions between the U.S. and China raised concern over the prospect of demand. July WTI slipped 3.4%, to a session low of $34.27 a barrel. However, losses were pared on the heels of a report that major oi ... Read More
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Both WTI and Brent posted significant monthly gains during the month of May

June 1, 2020
Recap: Oil futures, which gapped lower on the opening, reversed to the upside as investors worried about worsening tensions between the U.S. and China. Both WTI and Brent posted significant monthly gains during the month of May on signs of increasing demand due to the easing of c ... Read More
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July NYMEX Natural Gas Futures Contract Closed at $1.849 on Friday, May 29th

June 1, 2020
Friday, May 29th saw the front-month NYMEX Natural Gas Futures Contract open at $1.821, just below Thursday’s closing price of $1.827.  Arcing downward to record and intraday low of $1.763 shortly after 10:00AM, the contract traded sideways near $1.770 through midday.  Surging hi ... Read More

July NYMEX Natural Gas Futures Contract Closed at $1.827 on Thursday, May 29th

May 29, 2020
Thursday, May 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.877, just below Wednesday’s closing price of $1.881.  Marking an intraday high of $1.879 soon after the opening bell, prices fluctuated along $1.870 until 10:30AM.  Sinking as low as $1.829 as th ... Read More
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