NYMEX Futures: Mixed Signals, Cautious Market
Update: 2025-12-02
Description
Todays futures trading on the New York Mercantile Exchange shows a mixed bag of results. Most near-term contracts, including January and summer months of 2026, experienced slight declines. For instance, the January 26 contract for a key commodity settled at $58.64, down $0.68. This trend of minor decreases extends into the 2027 and 2028 contracts. The December 27 contract closed at $59.13, down $0.56. Estimated sales were 547,209 contracts, higher than Mondays sales, but open interest was down by 23,975, indicating some traders are closing out positions. Overall, the market sentiment is one of slight caution, with a prevailing modest bearishness among traders.
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