The Latest Breaking News from Nymex

October Nymex natural gas (NGV23) on Tuesday closed +0.120 (+4.40%), adding to Monday's rally of +3.18%. Nat-gas prices on Tuesday rallied sharply after the EIA, in its monthly Drilling Productivity Report released on Monday, predicted that U.S. gas production from U.S. shale basins will edge lower in October versus September....

October Nymex natural gas (NGV23 ) on Monday closed +0.084 (+3.18%). Nat-gas prices on Monday closed higher on pipeline maintenance and forecasts for above-normal temps in the Great Lakes and Texas. The Commodity Weather Group sees mostly normal temps in the East Coast and West, but above-normal temps in the...

The 2023 summer has ended, and the temperatures will cool over the coming four months as the winter approaches. Winter is the peak season for natural gas demand. While it remains to be seen if the 2023/2024 coldest months are above or below the average, the uncertainty of natural gas…

October Nymex natural gas (NGV23 ) on Monday closed +0.003 (+0.12%). Nat-gas prices on Monday closed slightly higher after a mixed weather outlook. According to Maxar Technologies, wet and windy weather is expected in the Northeast, and dry and mild weather conditions are expected for the rest of the U.S....

October Nymex natural gas (NGV23 ) on Friday closed +0.026 (+1.01%). Nat-gas prices on Friday settled moderately higher on carryover support from a rally in European nat-gas prices. European gas prices have surged more than 10% over the past two sessions on supply concerns after LNG workers at key Chevron...

Crude oil futures have been in a bullish trend since early May 2023. In 2022, Nearby NYMEX and Brent futures prices rose to a fourteen-year high at over $130 per barrel. After halving in value at the May 2023 low, crude oil is back on a bullish path, and a…

October Nymex natural gas (NGV23 ) on Thursday closed +0.069 (+2.75%). Nat-gas prices on Thursday rebounded from a 2-week low and rallied moderately on a smaller build in weekly supplies after EIA nat-gas inventories rose +33 bcf, below expectations of +41 bcf. Nat-gas prices Thursday initially fell to a 2-week...

October Nymex natural gas (NGV23 ) on Wednesday closed -0.072 (-2.79%). Nat-gas prices on Wednesday extended Tuesday's sharp decline to a 2-week low. Nat-gas prices were undercut by forecasts for cooler-than-normal U.S. temperatures that would reduce nat-gas demand from electricity providers to run air conditioning. The Commodity Weather Group said...

NYMEX heating oil prices rose to a record high in April 2023, soaring past the previous 2008 peak. Heating oil is a distillate fuel, and the NYMEX futures are a proxy for jet and diesel fuels. Despite heating oil’s use as a winter fuel, distillates experience less seasonality than gasoline…