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February NYMEX Natural Gas Futures Contract Closed at $2.187 on Tuesday, January 14th

January 15, 2020
Tuesday, January 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.232, five cents above Monday’s closing price of $2.182.  Continuing the pre-session rally to record an intraday high of $2.255 at 9:20AM, prices then moved lower to trade along $2.240 well int ... Read More

Oil prices climbed on Tuesday after five days of declines

January 15, 2020
Recap: Oil prices climbed on Tuesday after five days of declines as the United States and China prepared to sign a preliminary trade deal and as Middle East tensions eased. Additionally, oil also found technical support after WTI fell to a more than five-week low of $57.72 before ... Read More
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February NYMEX Natural Gas Futures Contract Closed at $2.182 on Monday, January 13th

January 14, 2020
Monday, January 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.202, even to Friday’s closing price of $2.202.  Extending to an intraday high of $2.206 as markets opened, prices soon trended lower and stabilized near $2.175.  Fluctuating along this level fo ... Read More

Oil futures fell for a fifth session in a row on Monday

January 14, 2020
Recap: Oil futures fell for a fifth session in a row on Monday, with the U.S. benchmark logging its lowest finish in almost six weeks as the immediate risk of a bigger U.S.-Iran conflict continued to fade, easing worries about potential global supply disruptions. Traders turned t ... Read More
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Drillers cut 11 oil rigs in the week ending January 10th bringing the total count down to 659

January 13, 2020
Recap: The oil market posted an inside trading day on Friday after failing to breach Thursday’s trading range.  The market opened slightly higher and traded to a high of $59.78 early in the morning.  However, the oil market continued to erase its gains and posted a low of $58.85 ... Read More
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February NYMEX Natural Gas Futures Contract Closed at $2.202 on Friday, January 10th

January 13, 2020
Friday, January 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.193, three cents above Thursday’s closing price of $2.166.  Rallying from the intraday low of $2.192 soon after the opening bell, the contract posted a steady ascent into the day as forecasts f ... Read More

February NYMEX Natural Gas Futures Contract Closed at $2.166 on Thursday, January 9th

January 10, 2020
Thursday, January 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.123, two cents below Wednesday’s closing price of $2.141.  Trading alongside $2.135 through 10:00AM, prices then shed a penny as the weekly storage report approached.  Sinking to a five-month ... Read More

The oil market on Thursday sold off further, adding to the losses posted on Wednesday

January 10, 2020
Recap: The oil market on Thursday sold off further, adding to the losses posted on Wednesday on the back of increasing US crude stocks and easing fears of an escalation on conflict between the US and Iran.  The market seemed ready to post an inside trading day as it traded mostly ... Read More
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February NYMEX Natural Gas Futures Contract Closed at $2.141 on Wednesday, January 8th

January 9, 2020
Wednesday, January 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.174, a penny above Tuesday’s closing price of $2.162.  Falling from an intraday high of $2.176 soon after markets opened, prices slid throughout the morning until bottoming out at an intraday ... Read More

The crude market sold off from a high not seen since late April

January 9, 2020
Recap: The crude market sold off from a high not seen since late April in early trading on Wednesday after an Iranian ballistic missile attack on US-led forces in Iraq had no impact on oil infrastructure or crude flows.  The crude market posted a high of $65.65, a level not seen ... Read More
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