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Traders mulled over the effects that trade talks between China and the U.S. would have on demand

May 10, 2019
Recap: WTI fell on Thursday, while Brent tacked on a few pennies as traders mulled over the effects that trade talks between China and the U.S. would have on demand.  In early trading, June WTI slipped $1.20, to a low of $60.92 a barrel by 10:40 am EDT, while July Brent traded at ... Read More
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EIA reported a draw of 3.96 million barrels in U.S. crude oil inventories

May 9, 2019
Recap: Oil prices rose as much as 1.5 percent after the EIA released its report showing a draw of 3.96 million barrels in U.S. crude oil inventories. Analysts had expected an increase of 1.2 million barrels. June WTI rose 97 cents, to a session high of $62.37, by 11:24 a.m. EDT, ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $2.610 on Wednesday, May 8th

May 9, 2019
Wednesday, May 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.578, roughly four cents above Tuesday’s closing price of $2.537.  Climbing from the intraday low of $2.574 as markets opened, prices rose steadily through the morning to reach above the $2.61 lev ... Read More

June NYMEX Natural Gas Futures Contract Closed at $2.537 on Tuesday, May 7th

May 8, 2019
Tuesday, May 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.548, more than two cents above Monday’s closing price of $2.524.  Trading within a tight range throughout the duration of the session, prices fell to an intraday low of $2.529 at 9:50AM and tallied ... Read More

Oil prices fell by more than 2 percent on Tuesday

May 8, 2019
Recap: Oil prices slipped by more than 2 percent on Tuesday, dragged lower by a slide in equities, amid heightened concern over trade talks between the U.S. and China. July Brent was down $1.86, or 2.6 percent, at $69.38 a barrel by 10:17 a.m. EDT, while June WTI was down $1.59, ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $2.524 on Monday, May 6th

May 7, 2019
Monday, May 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.537, three cents below Friday’s closing price of $2.567.  Edging cautiously upward to an intraday high of $2.547 at 10:00AM, prices soon trended lower as the contract has struggled to find a footing ... Read More

Oil prices fell at the onset of Monday’s trading session

May 7, 2019
Recap: Oil prices fell at the onset of Monday’s trading session, after U.S. President Donald Trump threatened in a tweet to raise tariffs on $200 billion of Chinese goods. June WTI fell toward $60.00 a barrel, to its lowest level since March 29, while July Brent slipped below $69 ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $2.567 on Friday, May 3rd

May 6, 2019
Friday, May 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.574, nearly two cents below Thursday’s closing price of $2.589.  Marking the intraday high of $2.581 as markets opened, prices slipped in the following hour to reach the intraday low of $2.553 at 10 ... Read More

Prices gathered strength from strong economic data out of the U.S. and production losses out of Iran and Venezuela

May 6, 2019
Recap: Oil prices rebounded on Friday after falling by more than 2 percent on Thursday. Prices gathered strength from strong economic data out of the U.S. and production losses out of Iran and Venezuela. After dipping lower in overnight trading, June WTI recovered, rising 1.1 per ... Read More
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June NYMEX Natural Gas Futures Contract Closed at $2.589 on Thursday, May 2nd

May 3, 2019
Thursday, May 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.604, nearly two cents below Wednesday’s closing price of $2.620.  Extending to an intraday high of $2.614 as markets opened, prices were quick to retreat and settle in along $2.585 through 10:30AM ... Read More
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