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November NYMEX Natural Gas Futures Contracts Closed at $3.185 on Friday, October 26th

October 29, 2018
Friday, October 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.143, six cents below Thursday’s closing price of $3.202.  Trading lower through 10:20AM as the contract marked the intraday low of $3.102, prices quickly reversed direction with aims to reclai ... Read More

Oil price gains were limited by falling equity markets and concerns about trade wars

October 29, 2018
Recap: Oil prices reversed early losses on Friday, gaining support from the impending U.S. sanctions against Iran. However, gains were limited by falling equity markets and concerns about trade wars and their impact on demand. Prices posted a third weekly decline due to the afore ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.202 on Thursday, October 25th

October 26, 2018
Thursday, October 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.205, four cents above Wednesday’s closing price of $3.166.  Fluctuating along either side of $3.195 through 10:30AM, the larger than expected EIA storage injection then directed prices to th ... Read More

Saudi Arabia and Russia have agreed to extend their production agreement to preserve oil stability

October 26, 2018
Recap: After drifting lower in overnight trading, oil prices reversed course as they received a boost from a rebound in equity markets and after the Saudi energy minister signaled major producers may have to step in and support oil prices. Prices rose almost 1 percent on Thursday ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.166 on Wednesday, October 24th

October 25, 2018
Wednesday, October 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.236, two cents above Tuesday’s closing price of $3.212.  Tallying the intraday high of $3.236 as markets opened, benefitting from a pre-session run up from the $3.190 level, prices were soo ... Read More

The EIA reported total U.S. oil inventories drew by 8 million barrels

October 25, 2018
Recap: After falling hard on Tuesday, WTI shot higher during Wednesday’s trading session after the EIA reported total U.S. oil inventories drew by 8 million barrels on the week ending October 19th. Total commercial oil inventories now stand some 16.9 million below a year ago. Whe ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.212 on

October 24, 2018
Tuesday, October 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.158, two cents above Monday’s closing price of $3.138.  Aiming to overcome the previous session’s losses out of the gate, the contract mounted a steady ascent from the intraday low as markets ... Read More

Oil prices fell to a two-month low

October 24, 2018
Recap: Oil prices slumped on Tuesday, falling to a two-month low, as traders reacted to a sell-off in U.S. equity markets, which raised concern about demand. December WTI fell below $66.00 a barrel for the first time since August 22, as it experienced its largest one day sell-off ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.138 on Monday, October 22nd

October 23, 2018
Monday, October 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.171, eight cents below Friday’s closing price of $3.250.  Coming down from last week’s gains, weather forecasts have turned milder than the previously expected below average temperatures.  See ... Read More

On Monday, oil prices finished the trading session close to unchanged

October 23, 2018
Recap: Oil prices pared early losses on Monday, finishing the trading session close to unchanged. After falling by 1.2%, November WTI reversed course, going off the board at $69.17 a barrel, up 5 cents, or 0.07%. Prices popped as traders took into account the mounting tensions be ... Read More
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