The Latest Breaking News from Nymex

While gold rose to a new all-time high in Q2 and Q3 2024 and silver rose to the highest price since December 2012 in May 2024, platinum is struggling at the $1,000 per ounce level. Platinum is less than half the price at the 2008 high.

Nearby NYMEX crude oil prices reached a 2024 high in mid-April. After falling to an early June low, prices recovered to a lower high in early July, where they ran out of upside steam. As the fall and winter approach, crude oil is trending lower, but the upcoming U.S. election…

Sep Nymex natural gas (NGU24 ) on Wednesday closed up by +0.015 (+0.71%). Sep nat-gas prices Thursday climbed to a 2-week high after weekly EIA nat-gas supplies rose less than expected. The EIA reported that nat-gas inventories rose +21 bcf, below expectations of +25 bcf and below the five-year average...

Nearby U.S. natural gas prices are flirting with the $2 per MMBtu level despite a record-hot summer, during which cooling demand has increased. Over the coming months, the market will shift to concerns over the peak heating season, when natural gas futures prices tend to reach highs.

Sep Nymex natural gas (NGU24 ) on Tuesday closed up by +0.068 (+3.50%). Sep nat-gas prices Tuesday posted moderate gains as short-covering emerged after US weather forecasts turned hotter for the middle of this month. On Tuesday, the Commodity Weather Group said that forecasts shifted hotter for the midwestern to...

Sep Nymex natural gas (NGU24 ) on Monday closed down -0.025 (-1.27%). Sep nat-gas prices on Monday dropped to a 3-1/2 month nearest futures low and closed moderately lower. Forecasts for cooler US weather amid elevated nat-gas stockpiles are weighing on prices. Forecaster Maxar Technologies said Monday that forecasts trended...

Sep Nymex natural gas (NGU24 ) on Wednesday closed down -0.090 (-4.23%). Sep nat-gas prices on Wednesday closed sharply lower but remained above Tuesday's 3-month nearest futures low. Forecasts for cooler temperatures in the Midwest that will curb nat-gas demand from electricity providers to power air conditioning weighed on prices....

Sep Nymex natural gas (NGU24 ) on Tuesday closed up +0.090 (+4.42%). Sep nat-gas prices on Tuesday recovered from a 3-month nearest futures low and closed sharply higher. Fund short covering emerged in nat-gas futures Tuesday when the Commodity Weather Group said forecasts had shifted hotter for the middle of...

Sep Nymex natural gas (NGU24 ) on Monday closed down -0.015 (-0.73%). Sep nat-gas prices Monday extended the sharp week-long sell-off and posted a new contract low. Meanwhile, Aug nat-gas prices dropped to a 3-month low on the nearest futures chart and are hovering just moderately above the 4-year nearest-futures...

Sep Nymex natural gas (NGU24 ) on Friday closed down -0.021 (-1.01%), posting the fourth consecutive decline. Sep nat-gas prices on Friday extended the sharp 4-session sell-off and posted a new contract low. Meanwhile, Aug nat-gas prices fell to a new 2-3/4 month low on the nearest futures chart and...

Sep Nymex natural gas (NGU24 ) on Thursday closed down -0.086 (-3.99%). Sep nat-gas prices on Thursday extended the sharp 3-session sell-off and closed just mildly above the contract low posted on July 17. Meanwhile, Aug nat-gas prices are hovering just moderately above the 4-year low posted earlier this year...