EXPLAINED: 36 | Rare Historical Photos

Nat-Gas Prices Plunge on Ample Supplies and Mild Demand

May Nymex natural gas (NGK23) on Wednesday closed down -0.191 (-8.28%). May nat-gas prices Wednesday fell sharply to a 1-1/2 week low on ample supplies and soft demand. Also, forecasts for above-normal U.S. temperatures that will curb heating demand for nat-gas are undercutting prices after Atmospheric G2 said above-normal temperatures...

Barchart · Apr 26, 2023

Crude Recovers Early Losses as EIA Crude Inventories Fall More Than Expected

June WTI crude oil (CLM23 ) this morning is up +0.03 (+0.04%), and June RBOB gasoline (RBM23 ) is up +1.18 (+0.46%). May Nymex natural gas (NGK23 ) is down -0.151 (-6.55%). Crude oil and gasoline prices this morning recovered from early losses and are slightly higher after weekly EIA...

Barchart · Apr 26, 2023

Nat-Gas Prices Rebound on Outlook for Cold U.S. Temps

May Nymex natural gas (NGK23 ) on Tuesday closed up +0.034 (+1.50%). May nat-gas prices Tuesday recovered from early losses and posted moderate gains on the outlook for colder U.S. temperatures, which would boost heating demand for nat-gas. The National Oceanic and Atmospheric Organization (NOAA) said that below-normal temperatures are...

Barchart · Apr 25, 2023

Nat-Gas Prices Close Moderately Low on Abundant U.S. Supplies

May Nymex natural gas (NGK23 ) on Friday closed down -0.016 (-0.71%). May nat-gas prices Friday settled moderately lower. Abundant U.S. nat-gas supplies are undercutting prices as total U.S. nat-gas stockpiles as of Apr 14 were 1.930 tcf, or +20.5%, above the 5-year average for this time of year. However,...

Barchart · Apr 21, 2023

Crude Climbs on Strength in U.S. Manufacturing Activity

June WTI crude oil (CLM23 ) this morning is up +0.47 (+0.61%), and June RBOB gasoline (RBM23 ) is up +1.90 (+0.74%). May Nymex natural gas (NGK23 ) is down -0.038 (-1.69%). Crude oil and gasoline prices this morning are moderately higher. Crude prices found support from today's U.S. news...

Barchart · Apr 21, 2023

Nat-Gas Prices Rebound on Forecasts for Below-Normal U.S. Temps

May Nymex natural gas (NGK23 ) on Thursday closed up +0.027 (+1.22%). Nat-gas prices Thursday recovered from early losses and closed moderately higher. Forecasts for colder-than-usual U.S. weather that will boost heating demand for nat-gas sparked short covering late Thursday morning after the Commodity Weather Group said below-normal temperatures are...

Barchart · Apr 20, 2023

Economic Concerns Drive Crude Prices Lower

May WTI crude oil (CLK23 ) this morning is down -1.90 (-2.40%), and May RBOB gasoline (RBJ23 ) is down -7.11 (-2.69%). May Nymex natural gas (NGK23 ) is down -0.073 (-3.29%). Crude oil and gasoline prices this morning are retreating, with crude posting a 2-1/2 week low and gasoline...

Barchart · Apr 20, 2023

Nat-Gas Prices Retreat on a Milder U.S. Weather Forecast

May Nymex natural gas (NGK23 ) on Wednesday closed down -0.144 (-6.09%). May nat-gas prices Wednesday fell sharply as updated weather forecasts signal milder U.S. weather, curbing heating demand for nat-gas. Forecaster Atmospheric G2 said that while colder-than-normal temperatures are expected across a large portion of the central and eastern...

Barchart · Apr 19, 2023

Crude Prices Fall as a Slide in Stocks Sparks Risk Aversion

May WTI crude oil (CLK23) this morning is down -1.12 (-1.39%), and May RBOB gasoline (RBJ23) is down -7.17 (-2.61%). May Nymex natural gas (NGK23) is down -0.128 (-5.41%). Crude oil and gasoline prices this morning are moderately lower and dropped to 2-1/2 week lows. A stronger dollar today is...

Barchart · Apr 19, 2023

How are Oil and Sugar Connected?

Sugar and crude oil, the soft and energy commodities, correlate for two reasons. As members of the commodities asset class, sugar and oil prices often move in the same direction during secular raw material bullish or bearish market trends. However, sugar’s role in Brazilian ethanol production makes the sweet commodity…

Barchart · Apr 19, 2023