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November NYMEX Natural Gas Futures Contracts Closed at $3.250 on Friday, October 19th

October 22, 2018
Friday, October 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.172, more than two cents below Thursday’s closing price of $3.198.  Launching from the intraday low as markets opened, prices rose as high as $3.248 by 9:50AM.  Seesawing within a two-cent ran ... Read More

Oil prices posted their second straight week of losses

October 22, 2018
Recap: Despite oil prices rising on Friday, they posted their second straight week of losses, as forecasts for forward demand were lowered, and as U.S crude oil inventories climbed. Adding to the week’s losses was the ongoing trade war between China and the U.S., which is expecte ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.198 on Thursday, October 18th

October 19, 2018
Thursday, October 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.256, roughly six cents below Wednesday’s closing price of $3.320.  Settling near $3.240 by 9:30AM the contract then took pause as the weekly storage release drew near.  Ascending to the intr ... Read More

Oil prices opened higher on Thursday, but were not able to gather momentum to the upside

October 19, 2018
Recap: Oil prices opened slightly higher on Thursday, but were unable to gather momentum to the upside. Macroeconomic worries and lower demand forecasts outweighed concern regarding supply shortfalls due to the impending U.S. sanctions against Iran, and in turn pushed prices to f ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.320 on Wednesday, October 17th

October 18, 2018
Wednesday, October 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.261, two cents above Tuesday’s closing price of $3.239.  Following a quiet morning where traders weighed expectations for below average temperatures in high-demand areas against what today’ ... Read More

There was a 6.5 million barrel build in U.S. crude oil inventories

October 18, 2018
Recap: The larger than expected 6.5 million barrel build in U.S. crude oil inventories sparked a length lightening sell-off in both WTI and Brent. WTI fell to a four week low, while Brent touched down at a three week low after the bearish inventory report, which coincides with th ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.239 on Tuesday, October 16th

October 17, 2018
Tuesday, October 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.230, a penny below Monday’s closing price of $3.242.  In a choppy day of trading, prices slipped to the intraday low of $3.210 by 9:30AM before mounting a staggered ascent to the intraday hig ... Read More

Oil prices climbed for the third straight day on Tuesday

October 17, 2018
Recap: Oil prices climbed for the third straight day on Tuesday, gathering strength from geopolitical tensions between the U.S. and Saudi Arabia over the disappearance of a U.S journalist. Oil prices received a boost as well from a stronger equities market. Gains were limited by ... Read More
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Falling equities and the long term outlook for demand kept a lid on prices

October 16, 2018
Recap: Oil prices bounced early in the session on Monday, as tensions between the U.S. and Saudi Arabia, appeared to heighten, giving rise to concern about supplies. However, falling equities and the long term outlook for demand kept a lid on prices.  The situation between the U. ... Read More
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November NYMEX Natural Gas Futures Contracts Closed at $3.161 on Friday, October 12th

October 15, 2018
Friday, October 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.232, a penny above Thursday’s closing price of $3.222.  Extending to the intraday high of $3.237 as markets opened, sellers soon entered the market and drove the contract to the intraday low o ... Read More
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