Energy Futures Plunge, Trading Volumes Surge

Futures trading on the New York Mercantile Exchange saw a significant downturn in energy contracts on November fourteenth, with prices settling lower than opening figures across various months. November twenty-fifth contracts closed at four thousand eighty-seven dollars and sixty cents, down by ninety-nine dollars and thirty cents. This trend continued into December and beyond, with even contracts for January and February showing substantial drops. Estimated sales for the day reached three hundred seventy-four thousand, seven hundred thirty-four contracts, slightly lower than Thursdays sales. The overall picture indicates a clear trend of declining prices in the futures market, with active trading volumes.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.