Warming Temps, Higher Inventories, Lower Natural Gas

Jim RinaudoGeneral Commentary

The January Natural Gas (NGF25) trading session settled at 3.213 (-0.150) [-4.46%], a high of 3.279, a low of 3.148. Cash price is at 3.366 (+0.159), while open interest for NGF25 is at 296,113. NGF25 settled below its 5 day (3.336), above its 20 day (3.186), below its 50 day (3.263), below its 100 day (3.361), below its 200 day …

Colder Winter Temps Lift Nat Gas – Natural Gas 11/26/24

Jim RinaudoGeneral Commentary

The January Natural Gas (NGF25) trading session settled at 3.467 (+0.024) [+0.70%], a high of 3.528, a low of 3.390. Cash price is at 3.355 (+0.221), while open interest for NGF25 is at 314,592. NGF25 settled above its 5 day (3.417), above its 20 day (3.148), above its 50 day (3.270), above its 100 day (3.373), below its 200 day (3.588) and …

Tariffs, A Ceasefire And OPEC+ Rumors – WTI Crude Oil 11/26/24

Jim RinaudoGeneral Commentary

The January WTI (CLF25) trading session settled at 68.77 (-0.17) [-0.25%], a high of 70.30, a low of 68.05. Cash price is at 68.96 (-2.27), while open interest for CLF25 is at 346,924. CLF25 settled below its 5 day (69.54), below its 20 day (69.39), below its 50 day (69.90), below its 100 day (71.21), below its 200 day (73.55) …

Inventory Builds Sends Crude Prices Lower – WTI Crude Oil

Jim RinaudoGeneral Commentary

The January WTI (CLF25) trading session settled at 68.75 (-0.49) [-0.71%], had a high of 69.96, a low of 68.64. Cash price is at 69.44 (+0.28), while open interest for CLF25 is at 366,848. CLF25 settled above its 5 day (68.59), below its 20 day (69.20), below its 50 day (69.74), below its 100 day (71.59), below its 200 day …