COVID-19 Response
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May NYMEX Natural Gas Futures Contract Closed at $1.690 on Monday, March 30th

March 31, 2020
On Monday, March 30th – the May NYMEX Natural Gas Futures Contract began trading as the prompt month.  Opening at $1.632, four cents below Friday’s closing price of $1.671, a momentary dip to an intraday low of $1.627 saw prices then step higher into the morning.  Leveling off ne ... Read More

A fall in prices came despite the passing of a fiscal stimulus package by the U.S. House

March 30, 2020
Recap: Oil prices plunged for the fifth straight week, as a huge drop in global demand, fed by the coronavirus, continues to wreak havoc on the world’s economy. The fall in prices came despite the passing of a fiscal stimulus package by the U.S. House, which is expected to ease e ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $1.634 on Friday, March 27th

March 30, 2020
Friday, March 27th – settlement day for the April Contract – saw the front-month NYMEX Natural Gas Futures Contract open at $1.644, a penny above Thursday’s closing price of $1.637.  In a slow day of trading, the contract marked an intraday low of $1.597 as markets opened and man ... Read More

April NYMEX Natural Gas Futures Contract Closed at $1.637 on Thursday, March 26th

March 27, 2020
Thursday, March 26th saw the front-month NYMEX Natural Gas Futures Contract open at $1.644, two cents below Wednesday’s closing price of $1.659.  Trading gradually higher to $1.660 through the day’s opening 90 minutes, prices jumped to an intraday high of $1.672 as the storage re ... Read More

Crude oil prices pared early gains on Thursday

March 27, 2020
Recap: Crude oil prices pared early gains on Thursday after the U.S. Department of Energy ditched plans to buy oil for the Strategic Petroleum Reserve, and after the head of the IEA said global demand could drop as much as 20 million barrels per day, or 20% of total demand, as th ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $1.659 on Wednesday, March 25th

March 26, 2020
Wednesday, March 25th saw the front-month NYMEX Natural Gas Futures Contract open at $1.670, two cents above Tuesday’s closing price of $1.653.  Reaching an intraday high of $1.683 by 9:40AM, prices fell in the following thirty minutes to record the intraday low of $1.638 as mild ... Read More

April NYMEX Natural Gas Futures Contract Closed at $1.653 on Tuesday, March 24th

March 25, 2020
Tuesday, March 24th saw the front-month NYMEX Natural Gas Futures Contract open at $1.668, six cents above Monday’s closing price of $1.602.  Trading gradually higher to an intraday high of $1.676 by 9:30AM, prices traded within two cents of $1.660 through the morning hours.  Sin ... Read More

Crude oil futures rose for the second straight session

March 25, 2020
Recap: Crude oil futures rose for the second straight session, but gains were contained as the coronavirus pandemic’s heavy toll on demand offset hopes for a forthcoming $2 trillion U.S. economic stimulus package. Prices continue to reel from the unexpected price war between Saud ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $1.602 on Monday, March 23rd

March 24, 2020
Monday, March 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.583, two cents below Friday’s closing price of $1.604.  Trading within two cents of $1.595 throughout the morning hours as markets sough direction with the possibility of an approved stimulus pac ... Read More

Oil prices slid in early trading on Monday

March 24, 2020
Recap: Oil prices slid in early trading on Monday, with record low U.S. gasoline prices dragging the rest of the complex lower, as the coronavirus pandemic crippled global demand after travel and industrial activity contracted across the globe in a bid to stem the spread of the v ... Read More
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