COVID-19 Response
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March NYMEX Natural Gas Futures Contract Closed at $1.827 on Monday, February 24th

February 25, 2020
Monday, February 24th saw the front-month NYMEX Natural Gas Futures Contract open at $1.855, five cents below Friday’s closing price of $1.905.  Popping up to an intraday high of $1.867 by 9:10AM, prices soon trended lower and settled along $1.835.  Despite the short-term frigid ... Read More

The oil market sold off sharply on Monday

February 25, 2020
Recap: The oil market sold off sharply on Monday as the spread of the coronavirus in countries outside China added to investor concerns over the effect on demand for crude.  The market traded in tandem with the global equities as worries about the impact of the virus increased, w ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $1.905 on Friday, February 21st

February 24, 2020
Friday, February 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.878, four cents below Thursday’s closing price of $1.920.  Climbing from the intraday low upon the market’s opening, prices rose cautiously throughout the morning to cross midday near $1.904 a ... Read More

Oil prices fell on Friday after crude demand see impact of coronavirus outbreak

February 24, 2020
Recap:  Oil prices slid more than 2% on Friday as investors fretted about crude demand being pinched by the economic impact of the coronavirus outbreak, while leading producers appeared to be in no rush to curb output. Despite Thursday’s friendly U.S. Energy Information Administr ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $1.955 on Thursday, February 20th

February 21, 2020
Thursday, February 20th saw the front-month NYMEX Natural Gas Futures Contract open at $1.944, just below Tuesday’s closing price of $1.955. Following the open, prices jumped an intraday high of $2.025 at 11:30AM. After hitting its peak, prices fell steeply and steadily to an int ... Read More

Oil prices were supported by a smaller than expected build in U.S. crude oil inventories

February 21, 2020
Recap: Oil prices bounced on Thursday, supported by a smaller than expected build in U.S. crude oil inventories. Prices had been climbing ahead of the supply data, partly on the back of expectations that efforts by China to stimulate the economy will blunt the hit to crude demand ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $1.955 on Wednesday, February 19th

February 20, 2020
Wednesday, February 19th saw the front-month NYMEX Natural Gas Futures Contract open at $1.963, 2 cents below Tuesday’s closing price of $1.981. Following the open, prices quickly hit an intraday high of $1.976 at 10:00AM. From there, prices buoyed into the afternoon, before a qu ... Read More

Oil prices rose more than 2% on Wednesday

February 20, 2020
Recap: Oil prices rose more than 2% on Wednesday as demand worries eased with a slowing of new coronavirus cases in China and supply curtailed by a U.S. move to cut more Venezuelan crude from the market and after the U.S. imposed sanctions on an arm of Russian oil giant Rosneft a ... Read More
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March NYMEX Natural Gas Futures Contract Closed at $1.981 on Tuesday, February 18th

February 19, 2020
Tuesday, February 18th saw the front-month NYMEX Natural Gas Futures Contract open at $1.951, 12 cents above Friday’s closing price of $1.837. After a brief jump in the early morning, prices steadily fell to an intraday low of $1.943 at 11:00AM. Prices then rose slowly to an intr ... Read More

Trading in oil prices was erratic on Tuesday

February 19, 2020
Recap: Trading in oil prices was erratic on Tuesday, with price gapping higher on the opening, followed by a selloff fueled by rising concern over the impact on crude demand from the coronavirus outbreak in China, and from the continued stalling from Russia, which has been avoidi ... Read More
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