The Latest Breaking News from Nymex

Crude Prices Fall as Weekly EIA Crude Inventories Unexpectedly Climb

June WTI crude oil (CLM23 ) this morning is down -0.92 (-1.25%), and June RBOB gasoline (RBM23 ) is up +1.76 (+0.71%). June Nymex natural gas (NGM23 ) is down -0.073 (-3.22%). Crude oil and gasoline prices this morning are mixed, with gasoline climbing to a 1-week high. A weaker...

Barchart · May 10, 2023

Natural Gas Sits Near the Lows- Risk - Reward is Critical

Natural gas prices are just above the $2 per MMBtu level, a far cry from the August 2022 high that took the volatile energy commodity over $10 per MMBtu for the first time since 2008. In the early days of the offseason for demand at the start of the 2023…

Barchart · May 10, 2023

Nat-Gas Prices Climb as Canadian Wildfires Reduce Gas Production

June Nymex natural gas (NGM23 ) on Tuesday closed up +0.029 (+1.30%). Jun nat-gas prices moved higher for a second day on reduced nat-gas production in Canada. A total of 94 wildfires were burning in Alberta on Tuesday, with 26 classified as out of control. That has led to the...

Barchart · May 9, 2023

Crude Prices Sharply Higher as Economic Concerns Ease

June WTI crude oil (CLM23) this morning is up +2.74 (+4.00%), and June RBOB gasoline (RBM23) is up +6.07 (+2.61%). June Nymex natural gas (NGM23) is up +0.025 (+1.19%). Crude oil and gasoline prices this morning are sharply higher. A weaker dollar today is supportive of energy prices. Crude prices...

Barchart · May 5, 2023

Nat-Gas Prices Retreat as U.S. EIA Inventories Rise More Than Forecast

June Nymex natural gas (NGM23 ) on Thursday closed down -0.069 (-3.19%). Jun nat-gas Thursday fell to a 3-week low and closed moderately lower. A larger-than-expected build in weekly U.S. nat-gas supplies weighed on prices after the EIA reported U.S. nat-gas inventories rose +54 bcf last week, more than expectations...

Barchart · May 4, 2023

Crude Prices Weighed Down by Global Demand Concerns

June WTI crude oil (CLM23 ) this morning is down -0.15 (-0.22%), and June RBOB gasoline (RBM23 ) is down -0.08 (-0.03%). June Nymex natural gas (NGM23 ) is down -0.049 (-2.26%). Crude oil and gasoline prices this morning are modestly lower, with crude falling to a 5-month low and...

Barchart · May 4, 2023

Has Palladium Found a Bottom?

Palladium is the least liquid precious metal trading in the futures market. Palladium prices fell steadily from March 2022 through March 2023 but may have found a significant bottom after the one-year price correction that took the metal over 60% lower from the record high.

Barchart · May 4, 2023

Nat-Gas Prices Fall on Warm U.S. Temps and Ample Supplies

June Nymex natural gas (NGM23 ) on Wednesday closed down -0.044 (-1.99%). Jun nat-gas on Wednesday tumbled to a 3-week low and closed moderately lower. A mild U.S. weather outlook that would curb heating demand for nat-gas is undercutting prices. Forecaster Atmospheric G2 said above-normal temperatures are expected across the...

Barchart · May 3, 2023

Crude Prices Sink on the Outlook for Weaker Global Energy Demand

June WTI crude oil (CLM23 ) this morning is down -2.87 (-4.01%), and June RBOB gasoline (RBM23 ) is down -10.73 (-4.41%). June Nymex natural gas (NGM23 ) is down -0.105 (-4.74%). Crude oil and gasoline prices this morning are falling sharply for a second session, with crude posting a...

Barchart · May 3, 2023

Mild U.S. Temps Weigh on Nat-Gas Prices

June Nymex natural gas (NGM23 ) on Tuesday closed down -0.104 (-4.49%). June nat-gas Tuesday fell sharply to a 2-week low on a mild U.S. weather outlook that would curb heating demand for nat-gas. The Commodity Weather Group said above-normal temperatures are expected across the central and southern U.S. states...

Barchart · May 2, 2023