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Crude oil prices finished mixed on Monday

October 19, 2021
Recap: Crude oil prices finished mixed on Monday after both blends retreated from multiyear highs on tight supply concerns. Trading was mixed as U.S. industrial output for September fell, tempering early enthusiasm about demand. However, WTI held onto gains on concerns that deman ... Read More
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November NYMEX Natural Gas Futures Contract Closed at $4.989 on Monday, October 18th

October 19, 2021
Monday, October 18th saw the front-month NYMEX Natural Gas Futures Contract open at $5.166, twenty-four cents below Friday’s closing price of $5.410. Gapping lower over the weekend, prices tallied to an intraday high of $5.240 at 11:00AM before posting a steep decline. Slipping t ... Read More

November NYMEX Natural Gas Futures Contract Closed at $5.410 on Friday, October 15th

October 18, 2021
Friday, October 15th saw the front-month NYMEX Natural Gas Futures Contract open at $5.624, six cents below Thursday’s closing price of $5.687. The contract then arced lower to touch the $5.505 mark, only to rise to an intraday high of $5.628 at 11:10AM. Trending lower into the a ... Read More

Oil futures hit three year highs as natural gas and coal prices continue to rise

October 18, 2021
Recap:  Oil futures hit fresh three year highs on Friday, with Brent topping $85 a barrel and WTI climbing back above the $82 mark. Forecasts of supply deficits over the next few months as the easing of coronavirus restrictions sparked demand, with sky rocketing natural gas and c ... Read More
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Domestic crude inventories increased more than 6 million barrels last week

October 15, 2021
Recap: Oil futures pared early gains after the EIA report showed U.S. crude oil stockpiles increasing by the most since March. Futures in New York climbed as much as 1.5% earlier in the session on Thursday. Domestic crude inventories increased more than 6 million barrels last wee ... Read More
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November NYMEX Natural Gas Futures Contract Closed at $5.687 on Thursday, October 15th

October 15, 2021
Thursday, October 14th saw the front-month NYMEX Natural Gas Futures Contract open at $5.821, twenty-three cents above Wednesday’s closing price of $5.590. Trading sideways near $5.810 heading into the weekly storage publication, prices surged to an intraday high of $5.964 as the ... Read More

November NYMEX Natural Gas Futures Contract Closed at $5.590 on Wednesday, October 14th

October 14, 2021
Wednesday, October 13th saw the front-month NYMEX Natural Gas Futures Contract open at $5.481, two cents below Tuesday’s closing price of $5.505. Losing ground early on as weather forecasts remain bearish for most of the country, prices slipped to an intraday low of $5.353 at 10: ... Read More

Refinery margins for distillate fuels are expected to surge about 47% this winter

October 14, 2021
Recap: Oil futures pulled back on Wednesday on expectations that demand growth will slip as inflation and supply chain issues strain major economies. However, swelling power generation prices limited losses. Weighing on prices, China, the world's biggest crude importer, released ... Read More
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November NYMEX Natural Gas Futures Contract Closed at $5.505 on Tuesday, October 12th

October 13, 2021
Tuesday, October 12th saw the front-month NYMEX Natural Gas Futures Contract open at $5.242, ten cents below Monday’s closing price of $5.345. Finding a two-week intraday low of $5.210 shortly past 9:00AM, prices moved steadily throughout the morning following the previous day’s ... Read More

WTI has moved forward for the fourth session in a row

October 13, 2021
Recap: Oil futures continued to perform strongly on Tuesday, remaining close to seven year highs, but ended the session on a mixed note. WTI has moved forward for the fourth session in a row, while Brent settled lower after the International Monetary Fund trimmed global economic ... Read More
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