The Latest Breaking News from Nymex

In March 2022, nearby palladium futures rose to a new record $3,380.50 per ounce high. Over the past seventeen months, the price corrected 64.5%, reaching a $1,201.50 low in August 2023. Palladium was just above the recent bottom at around $1270 per ounce on August 21.

September Nymex natural gas (NGU23 ) on Monday closed +0.081 (+3.18%). Nat-gas prices Monday moved sharply higher on the outlook for excessive heat in the U.S. to boost nat-gas demand from electricity providers to power air conditioning. EBW Analytics Group said well above normal temperatures are expected across the central...

While the number of electric vehicles on the road continues to rise, gasoline remains the fuel powering most vehicles. Gasoline is a seasonal energy commodity that tends to increase during spring and summer, the peak driving season, and fall during fall and winter. At the end of the 2023 summer,…

September Nymex natural gas (NGU23 ) on Friday closed -0.070 (-2.67%). Nat-gas prices Friday dropped to a 2-week low and closed moderately lower. Ample U.S. nat-gas supplies and forecasts for cooler U.S. weather that will curb nat-gas demand from electricity providers to power air conditioning weighed on prices. U.S. nat-gas...

September Nymex natural gas (NGU23 ) on Thursday closed +0.029 (+1.12%). Nat-gas prices Thursday moved higher on a hotter U.S. weather outlook. The Commodity Weather Group said forecasts show above-normal temperatures extending from the Midwest to the Southeast through the end of next week, which will boost nat-gas demand from...

September Nymex natural gas (NGU23 ) on Wednesday closed -0.067 (-2.52%). On Wednesday, Nat-gas prices extended Tuesday's losses to a 1-1/2 week low and closed moderately lower. Forecasts for cooler U.S. temperatures that will reduce nat-gas demand from electricity providers to power air conditioning are weighing on nat-gas prices. NatGasWeather.com...

September Nymex natural gas (NGU23 ) on Tuesday closed -0.136 (-4.87%). Nat-gas prices Tuesday dropped to a 1-week low and closed sharply lower. Prices retreated on the outlook for cooler U.S. temperatures later this month, which will reduce nat-gas demand from electricity providers to power air conditioning. The Commodity Weather...

September Nymex natural gas (NGU23 ) on Monday closed +0.025 (+0.90%). Nat-gas prices Monday posted moderate gains. Prices pushed higher on forecasts for hot temperatures to move in the central U.S. next week, which will boost nat-gas demand from electricity providers to power air conditioning. Gains in nat-gas were limited...

September Nymex natural gas (NGU23 ) on Friday closed +0.007 (+0.25%). Nat-gas prices Friday recovered from early losses and closed slightly higher. Short-covering emerged in nat-gas futures Friday afternoon after the weekly report from Baker Hughes showed active U.S. nat gas rigs fell to a 1-1/2 year low. Nat-gas also...

Platinum is a rare precious metal with significant industrial applications, but over the past years, that has not helped the price. While gold and palladium rose to all-time highs in 2022, platinum could not manage a rally to anywhere near the 2008 record peak. After attempting to move above the…

September Nymex natural gas (NGU23 ) on Thursday closed -0.196 (-6.62%). Nat-gas prices Thursday plunged after weekly EIA nat-gas supplies rose more than expected. Also, a cooler U.S. weather forecast weighed on nat-gas prices as the cooler temperatures will curb nat-gas demand from electricity providers to power air conditioning. EIA...