NYMEX Futures: Downward Trend in Key Contracts

Todays futures trading numbers from the New York Mercantile Exchange reveal a downward trend, with significant drops in various contracts. The December twenty-fifth contract settled at fifty-nine dollars and fourteen cents, down thirty cents, while the January twenty-sixth contract settled at fifty-nine dollars, a decrease of twenty-five cents. The February twenty-sixth contract finished at fifty-eight dollars and sixty-nine cents, down twenty-eight cents. Estimated sales for the day were six hundred eighty-nine thousand, seven hundred twenty-five contracts, a noticeable drop from Wednesdays sales. Open interest also decreased, suggesting a slight cooling in overall market activity. In other commodities, a different products December twenty-fifth contract settled at two hundred fifty-three dollars and thirty-three cents, a significant drop of ten dollars and twenty-four cents. These figures reflect a dynamic trading day on the New York Mercantile Exchange.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.