NYMEX Futures: Uptrend Continues, Open Interest Dips

NYMEX Futures Trading: Positive Sentiment, Broad-Based OptimismYesterday, we witnessed a general upward trend in futures trading activity at the New York Mercantile Exchange (NYMEX). Most contracts showed gains, with notable increases in settlement prices. The December twenty-five contract settled at $4,165.20, up $25.20, and this pattern continued through early months of twenty-six. The December twenty-six contract settled at $4,342.20, up $26.90. Despite lower trading volume and a decrease in open interest, the market showed resilience with positive price changes, indicating broad-based optimism among traders regarding future prices.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.