FORGOTTEN HISTORY: 34 - Caught on Camera

Crude Prices Tumble on Global Demand Concerns

July WTI crude oil (CLN23 ) this morning is down -2.92 (-4.02%), and July RBOB gasoline (RBN23 ) is down -10.93 (-4.22%). July Nymex natural gas (NGN23 ) is down -0.124 (-5.13%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 2-week low and...

Barchart · May 30, 2023

Nat-Gas Prices Under Pressure from Mild U.S. Temperatures

June Nymex natural gas (NGM23 ) on Thursday closed down -0.126 (-5.46%). Jun nat-gas Friday dropped to a 2-week low and closed sharply lower. Forecasts for seasonal U.S. temperatures that will reduce nat-gas demand from electricity providers to power air conditioning weighed on nat-gas prices. The Commodity Weather Group is...

Barchart · May 26, 2023

Crude Rallies with Risk Assets on Signs of Progress in Debt Ceiling Negotiations

July WTI crude oil (CLN23 ) this morning is up +0.71 (+0.99%), and July RBOB gasoline (RBN23 ) is up +3.05 (+1.19%). June Nymex natural gas (NGM23 ) is down -0.083 (-3.60%). Crude oil and gasoline prices today are moderately higher. Signs that U.S. lawmakers are close to a deal...

Barchart · May 26, 2023

Nat-Gas Prices Decline on Mild Weather Outlook

June Nymex natural gas (NGM23 ) on Tuesday closed down -0.079 (-3.29%). Jun nat-gas Tuesday fell moderately as mild U.S. temperatures are seen curbing nat-gas demand for power generation. Forecaster Atmospheric G2 said normal to slightly cooler-than-normal temperatures will be seen across the southern and eastern states next week, reducing...

Barchart · May 23, 2023

Crude Prices Jump after Saudi Energy Minister Warns of Pain to Short Sellers

July WTI crude oil (CLN23 ) this morning is up +1.17 (+1.62%), and July RBOB gasoline (RBN23 ) is up +4.02 (+1.58%). June Nymex natural gas (NGM23 ) is down -0.046 (-1.92%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 1-1/2 week high and...

Barchart · May 23, 2023

Platinum – The Bullish Trend Reaches a Critical Point

Platinum is a rare industrial and precious metal with many applications, including as a financial asset. Most of the world’s annual platinum supplies come from South Africa and Russia. While gold and palladium prices reached record highs in 2022, platinum remains significantly below its record 2008 peak.

Barchart · May 23, 2023

Nat-Gas Prices Plunge on Cool Spring U.S. Temps and Ample Supplies

June Nymex natural gas (NGM23 ) on Monday closed down -0.185 (-7.16%). Jun nat-gas prices Monday fell sharply amid ample U.S. supplies and a cooler U.S. weather forecast that will reduce the demand from electricity providers to power air conditioning. Nat-gas inventories in the U.S. were +17.8% above their 5-year...

Barchart · May 22, 2023

Crude Gains on the Outlook for Stronger U.S Fuel Demand this Memorial Day

June WTI crude oil (CLM23 ) this morning is up +0.45 (+0.63%), and June RBOB gasoline (RBM23 ) is up +4.58 (+1.78%). June Nymex natural gas (NGM23 ) is down -0.194 (-7.50%). Crude oil and gasoline prices this morning are moderately higher on the outlook for stronger U.S. fuel demand...

Barchart · May 22, 2023

Nat-Gas Prices Give Up Early Gains on Forecasts for Normal U.S. Temps

June Nymex natural gas (NGM23 ) on Friday closed down -0.007 (-0.27%). Jun nat-gas prices Friday fell back from a 2-1/2 month high and closed slightly lower. Nat-gas prices Friday gave up their advance after updated weather forecasts called for mostly seasonal temperatures in the central and eastern U.S. next...

Barchart · May 19, 2023

Risk-Off Sentiment Weighs on Crude Prices as Stocks Turn Lower

June WTI crude oil (CLM23 ) this morning is down -0.67 (-0.93%), and June RBOB gasoline (RBM23 ) is down -0.29 (-0.11%). June Nymex natural gas (NGM23 ) is up +0.077 (+2.97%). Crude oil and gasoline prices this morning gave up an early advance and are moderately lower. A risk-off...

Barchart · May 19, 2023