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December NYMEX Natural Gas Futures Contract Closed at $2.845 on Wednesday, October 30th

By Emily Beckett | October 31, 2024 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.845 on Wednesday, October 30th

Wednesday, October 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.807, down $0.052 compared to Tuesday’s closing price of $2.859. Recording the intraday low of $2.770 by […]

The Oil Market’s Sell Off Following Monday’s 6% Decline in Prices

By Emily Beckett | October 30, 2024 | Comments Off on The Oil Market’s Sell Off Following Monday’s 6% Decline in Prices

Recap:  The oil market continued to sell off on Tuesday following Monday’s 6% decline in prices on a report that Israel’s Prime Minister Benjamin Netanayu will hold a meeting for […]

December NYMEX Natural Gas Futures Contract Closed at $2.859 on Tuesday, October 29th

By Emily Beckett | October 30, 2024 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.859 on Tuesday, October 29th

Tuesday, October 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.269, down $0.040 compared to Monday’s closing price of $2.309. Posting a staggered ascent throughout the session, […]

Israel’s Retaliatory Strike Against Iran Spared Oil and Nuclear Facilities

By Emily Beckett | October 29, 2024 | Comments Off on Israel’s Retaliatory Strike Against Iran Spared Oil and Nuclear Facilities

Recap:  The oil market fell more than $4 on Monday after Israel’s retaliatory strike against Iran on Saturday spared Iranian oil and nuclear facilities. Israel’s response appeared to have been […]

November NYMEX Natural Gas Futures Contract Closed at $2.309 on Monday, October 28th

By Emily Beckett | October 29, 2024 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.309 on Monday, October 28th

Monday, October 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.364, down $0.196 compared to Friday’s closing price of $2.560. Marking the intraday high of $2.391 by […]

A Planned Resumption of Ceasefire Talks in the Coming Days

By Emily Beckett | October 28, 2024 | Comments Off on A Planned Resumption of Ceasefire Talks in the Coming Days

Recap:  The oil market on Friday posted an inside trading day after it posted an outside trading day on Thursday as the market remains supported by the geopolitical tensions in […]

November NYMEX Natural Gas Futures Contract Closed at $2.560 on Friday, October 25th

By Emily Beckett | October 28, 2024 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.560 on Friday, October 25th

Friday, October 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.490, down $0.032 compared to Thursday’s closing price of $2.522. Marking the intraday low of $2.478 at […]

Concerns That Slow Economic Growth in Europe Could Reduce Energy Demand

By Emily Beckett | October 25, 2024 | Comments Off on Concerns That Slow Economic Growth in Europe Could Reduce Energy Demand

Recap:  After posting an inside trading day on Wednesday, the oil market on Thursday posted an outside trading day. The market weighed the uncertainty surrounding the conflict in the Middle […]

November NYMEX Natural Gas Futures Contract Closed at $2.522 on Thursday, October 24th

By Emily Beckett | October 25, 2024 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.522 on Thursday, October 24th

Thursday, October 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.432, up $0.090 compared to Wednesday’s closing price of $2.342. A supportive shift in overnight forecasts saw […]

December WTI Futures Posted an Inside Trading Day on its First Day

By Emily Beckett | October 24, 2024 | Comments Off on December WTI Futures Posted an Inside Trading Day on its First Day

Recap:  The December WTI futures contract on Wednesday posted an inside trading day on its first day as the spot contract. The market posted the session’s trading range early in […]