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Trade talks between the U.S. and China continued to spread fear about demand

November 12, 2019
Recap: Oil prices finished lower on Monday as trade talks between the U.S. and China continued to spread fear about demand. On Saturday, U.S. President Donald Trump said negotiations between China and the U.S. were going "very nicely," but he said recent reports about an agreemen ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $2.789 on Friday, November 8th

November 11, 2019
Friday, November 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.805, three cents above Thursday’s closing price of $2.772.  Shaking off the previous session’s weather-induced sell off to open higher on the day, prices spent the morning trending lower to rea ... Read More

Oil prices fell more than 2% early in the session

November 11, 2019
Recap: Oil prices seesawed on Friday, falling more than 2% early in the session following comments from U.S. President Donald Trump that he has not agreed to roll back tariffs on China.  December WTI slipped $1.39, or 2.4%, to a session low of $55.76 a barrel, while January Brent ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $2.772 on Thursday, November 7th

November 8, 2019
Thursday, November 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.803, nearly three cents below Wednesday’s closing price of $2.828.  Trading modestly higher through the session’s opening ninety minutes to reach $2.815, prices then surged to the intraday hi ... Read More

Oil futures increased after China and the U.S. agreed to lift existing tariffs if a partial trade deal is struck soon

November 8, 2019
Recap: Oil futures climbed on Thursday after China and the U.S. agreed to lift existing tariffs if a partial trade deal is struck soon, signaling that trade talks are progressing and providing an upbeat backdrop for crude demand. WTI for December delivery rose $1.53, or 2.7%, to ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $2.828 on Wednesday, November 6th

November 7, 2019
Wednesday, November 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.862, even to Tuesday’s closing price.  Ascending to an intraday high of $2.886 by 10:00AM, markets then began a gradual pullback that persisted well into the afternoon.  Taking a breather fo ... Read More

Oil prices fell after a larger-than-expected build in U.S. crude inventories

November 7, 2019
Recap: Oil prices fell on Wednesday after a much larger-than-expected build in U.S. crude inventories and after Reuters reported that the signing of a U.S.-China trade deal could be delayed until December. Oil prices, which were trading higher on the day, slipped after the EIA re ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $2.862 on Tuesday, November 5th

November 6, 2019
Tuesday, November 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.879, six cents above Monday’s closing price of $2.821.  Losing a couple cents ahead of 9:15AM, prices then rose steadily from $2.855 until reaching the intraday high of $2.889 at 11:30AM with ... Read More

Oil prices continued to rise on Tuesday

November 6, 2019
Recap: Oil prices continued to rise on Tuesday on growing optimism surrounding the U.S.-China trade talks and as U.S. stocks reached fresh record highs. WTI for December delivery gained 69 cents, or 1.2%, to settle at $57.23 a barrel, while January Brent rose 83 cents, or 1.34%, ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $2.821 on Monday, November 4th

November 5, 2019
Monday, November 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.817, ten cents above Friday’s closing price of $2.714.  Gapping higher over the weekend upon forecasts for wintry temperatures to arrive, prices rose to a seven-month intraday high of $2.834 at ... Read More
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