The Latest Breaking News from Nymex

In 2022, the U.S. sold an unprecedented level of its Strategic Petroleum Reserve, sending the SPY to the lowest level since December 1983. The sales weighed on crude oil but appeared to have set a floor under the energy commodity that continues to power the world.

May Nymex natural gas (NGK23 ) on Friday closed up +0.112 (+5.32%). May nat-gas prices Friday recovered from early losses and rallied sharply on the outlook for cooler U.S. April weather that will boost heating demand for nat-gas. Updated weather forecasts from NOAA show that below-normal temperatures are expected for...

May WTI crude oil (CLK23 ) this morning is down -0.11 (-0.15%), and May RBOB gasoline (RBJ23 ) is down -4.034 (-1.50%). April Nymex natural gas (NGJ23 ) is down -0.020 (-0.99%). Crude oil and gasoline prices this morning fell back from 2-week highs and turned lower on concerns of...

Natural gas futures fell from a fourteen-year high at over $10 per MMBtu in August 2022 to below $2 in February 2023. The over 80% decline occurred during what is typically the peak demand season in the fall and winter. Meanwhile, 2022/2023 has been anything but an ordinary year.

April Nymex natural gas (NGJ23 ) on Tuesday closed down -0.058 (-2.78%). Apr nat-gas this morning extended Monday's losses to a new 5-week low. The main bearish factor is the outlook for mild U.S. weather that would reduce heating demand for nat-gas. The Commodity Weather Group said that above-normal temperatures...

May WTI crude oil (CLK23 ) this morning is up +0.71 (+0.98%), and May RBOB gasoline (RBJ23 ) is up +2.60 (+0.98%). April Nymex natural gas (NGJ23 ) is down -0.006 (-0.29%). Crude oil and gasoline prices this morning extended Monday's sharp rally to 2-week highs. Dollar weakness today is...

April Nymex natural gas (NGJ23 ) on Monday closed down -0.146 (-6.18%). Apr nat-gas Monday tumbled to a 5-week low and closed sharply lower on ample U.S. nat-gas inventories and ramped-up production. U.S. nat-gas inventories are +22.7% above their 5-year average as of March 17, and BNEF data showed lower-48...

May WTI crude oil (CLK23 ) this morning is up +1.60 (+2.31%), and May RBOB gasoline (RBJ23 ) is up +3.88 (+1.52%). April Nymex natural gas (NGJ23 ) is down -0.115 (-5.19%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar this morning is bullish for...

April Nymex natural gas (NGJ23 ) on Friday closed up +0.062 (+2.88%). Apr nat-gas Friday posted moderate gains on expectations for colder U.S temperatures to boost heating demand for nat-gas. Forecaster Atmospheric G2 said that below-normal temperatures are expected across the northern, central, and western U.S. from March 29-April 2....