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Market Insights
Natural Gas
Basis
NYMEX
Oil prices finished up as traders weigh in on possibility of an OPEC output cut back
November 15, 2018
Recap: Oil prices recovered on Wednesday, stemming the longest losing streak on record. After opening the session below unchanged, prices broke to the upside in early morning trading as traders weighed in on the possibility OPEC and allied producers would agree to cut back on out ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $4.101 on Tuesday, November 13th
November 14, 2018
Tuesday, November 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.961, roughly seventeen cents above Monday’s closing price of $3.788. Slipping to the intraday low of $3.921 shortly after the opening bell, the contract soon shot higher to reach above the ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $3.788 on Monday, November 12th
November 13, 2018
Monday, November 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.833, roughly eleven cents above Friday’s closing price of $3.719. Spurred on by increasingly cold forecasts to cover key demand parts of the country over the next two weeks, prices tallied t ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $3.719 on Friday, November 9th
November 12, 2018
Friday, November 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.663, twelve cents above Thursday’s closing price of $3.543. Despite the week’s bearish storage injection, prices surged higher Friday morning as cold weather continues to drive substantial ga ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $3.543 on Thursday, November 9th
November 9, 2018
Thursday, November 8th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.544, one cent below Wednesday’s closing price of $3.555. Ascending to the $3.56 level at 9:30AM, prices returned to the day’s opening mark an hour later as the storage report loomed. Sinki ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $3.555 on Wednesday, November 7th
November 8, 2018
Wednesday, November 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.507, five cents below Tuesday’s closing price of $3.555. In a volatile day of trading, the contract traded within a five-cent range through the morning, marking the intraday low $3.492 at ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $3.555 on Tuesday, November 6th
November 7, 2018
Tuesday, November 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.539, three cents below Monday’s closing price of $3.567. Inching gradually higher through the morning as wary traders evaluated their positions amidst bullish weather forecasts, prices rose ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $3.567 on Monday, November 5th
November 6, 2018
Monday, November 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.536, twenty-five cents above Friday’s closing price of $3.284. Surging overnight in anticipation of below average temperatures in the coming weeks, the contract floated along either side of $ ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $3.284 on Friday, November 2nd
November 5, 2018
Friday, November 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.185, five cents below Wednesday’s closing price of $3.237. Ascending from the intraday low of $3.166 at 9:10AM, prices then rose to the $3.20 where they stabilized through midday. Launching ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $3.237 on Thursday, November 1st
November 2, 2018
Thursday, November 1st saw the front-month NYMEX Natural Gas Futures Contracts open at $3.277, nearly two cents above Wednesday’s closing price of $3.261. Ascending to trade along either side of $3.285 through 10:30AM, a lower than expected storage injection temporarily sent pri ...
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