BIZARRE: 35 - What They Never Told You

Nat-Gas Prices Climb on Reduced North American Gas Output

June Nymex natural gas (NGM23 ) on Monday closed up +0.109 (+4.81%). Jun nat-gas Monday climbed to a 2-week high and closed sharply higher. Nat-gas prices have carryover support from last Friday on signs of reduced future U.S. nat-has production when Baker Hughes reported that the number of active U.S....

Barchart · May 15, 2023

Crude Prices Climb on Outlook for Stronger U.S. Fuel Demand this Memorial Day

June WTI crude oil (CLM23 ) this morning is up +1.10 (+1.57%), and June RBOB gasoline (RBM23 ) is up +1.08 (+0.44%). June Nymex natural gas (NGM23 ) is up +0.109 (+4.81%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar today is giving energy prices...

Barchart · May 15, 2023

Nat-Gas Prices Jump as Active U.S. Nat-Gas Rigs Plunge

June Nymex natural gas (NGM23 ) on Friday closed up +0.076 (+3.47%). Jun nat-gas prices Friday jumped to a 1-1/2 week high and closed sharply higher. Above-normal U.S. temperatures have increased demand from electricity providers to power air-conditioning. According to BNEF data, gas demand for power generation is at the...

Barchart · May 12, 2023

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

Dollar Strength and China Economic Concerns Weigh on Crude Prices

June WTI crude oil (CLM23 ) this morning is down -1.51 (-2.06%), and June RBOB gasoline (RBM23 ) is down -3.37 (-1.37%). June Nymex natural gas (NGM23 ) is down -0.013 (-0.58%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is weighing on energy...

Barchart · May 9, 2023

Nat-Gas Prices Jump as Canadian Wildfires Curb Gas Output

June Nymex natural gas (NGM23 ) on Monday closed up +0.101 (+4.73%). Jun nat-gas Monday closed sharply higher. Reduced nat-gas output in Canada sparked short-covering in nat-gas futures Monday. A total of 102 wildfires were burning in Alberta on Monday, with 27 classified as out of control. That has led...

Barchart · May 8, 2023

Crude Prices Gain on Disruptions to Canadian Crude Production

June WTI crude oil (CLM23 ) this morning is up +1.81 (+2.54%), and June RBOB gasoline (RBM23 ) is up +6.68 (+2.81%). June Nymex natural gas (NGM23 ) is up +0.106 (+4.96%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing today on carryover support...

Barchart · May 8, 2023

Nat-Gas Prices Recover on a Broad Rebound in Commodities

June Nymex natural gas (NGM23 ) on Friday closed up +0.036 (+1.71%). Jun nat-gas Friday recovered from a 3-week low and posted moderate gains. A broad rally in commodity prices Friday supported gains in nat-gas as commodity demand concerns eased after Friday's stronger-than-expected U.S. Apr payrolls report. However, gains in...

Barchart · May 5, 2023