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September NYMEX Natural Gas Futures Contract Closed at $9.330 on Wednesday, August 24th

Par spragueoperati | août 25, 2022 | Commentaires fermés sur September NYMEX Natural Gas Futures Contract Closed at $9.330 on Wednesday, August 24th

Wednesday, August 24th saw the September NYMEX Natural Gas Futures Contract open at $9.232, four cents above Tuesday’s closing price $9.193. Falling to an intraday low of $9.100 near 10:30AM, […]

Prices Bounced Between Gains and Losses After the Weekly EIA Report Showed a Drop in U.S. Crude Oil Inventories

Par spragueoperati | août 25, 2022 | Commentaires fermés sur Prices Bounced Between Gains and Losses After the Weekly EIA Report Showed a Drop in U.S. Crude Oil Inventories

Recap:  Trading in oil futures on Wednesday was extremely choppy, as prices bounced between gains and losses after the weekly EIA report showed a drop in U.S. crude oil inventories […]

September NYMEX Natural Gas Futures Contract Closed at $9.193 on Tuesday, August 23rd

Par spragueoperati | août 24, 2022 | Commentaires fermés sur September NYMEX Natural Gas Futures Contract Closed at $9.193 on Tuesday, August 23rd

Tuesday, August 23rd saw the September NYMEX Natural Gas Futures Contract open at $9.753, seven cents above Monday’s closing price $9.680. Continuing the Monday’s rally, prices rose to a fresh […]

Oil Prices Jumped on Tuesday After the Saudi Energy Minister Said OPEC and its Allies Could Cut Production

Par spragueoperati | août 24, 2022 | Commentaires fermés sur Oil Prices Jumped on Tuesday After the Saudi Energy Minister Said OPEC and its Allies Could Cut Production

Recap: Oil prices jumped on Tuesday after the Saudi Energy minister said OPEC and its allies could cut production amid “harmful volatility” in the market. Prince Abdulaziz bin Salman told […]

September NYMEX Natural Gas Futures Contract Closed at $9.680 on Monday, August 22nd

Par spragueoperati | août 23, 2022 | Commentaires fermés sur September NYMEX Natural Gas Futures Contract Closed at $9.680 on Monday, August 22nd

Monday, August 22nd saw the September NYMEX Natural Gas Futures Contract open at $9.863, fifty-three cents above Friday’s closing price $9.336. In response to surging European prices, the contract rose […]

Saudi Energy Minister Said OPEC+ Could Cut Production to Confront Market Challenges

Par spragueoperati | août 23, 2022 | Commentaires fermés sur Saudi Energy Minister Said OPEC+ Could Cut Production to Confront Market Challenges

Recap: After falling by more than 3%, oil futures gained traction to slice into losses after the Saudi energy minister said OPEC+ could cut production to confront market challenges. Saudi […]

September NYMEX Natural Gas Futures Contract Closed at $9.336 on Friday, August 19th

Par spragueoperati | août 22, 2022 | Commentaires fermés sur September NYMEX Natural Gas Futures Contract Closed at $9.336 on Friday, August 19th

Friday, August 19th saw the September NYMEX Natural Gas Futures Contract open at $8.973, twenty-one cents below Monday’s closing price $9.188. Marking the intraday low of $8.935 within minutes of […]

The Market Continued on its Upward Trend in Mid-Day Trading as it Breached its Previous High

Par spragueoperati | août 22, 2022 | Commentaires fermés sur The Market Continued on its Upward Trend in Mid-Day Trading as it Breached its Previous High

Recap:  On Friday, the oil market traded mostly sideways and looked ready to post an inside trading day. However, the market continued on its upward trend in mid-day trading as […]

Sprague Resources LP Announces Anticipated Closing Date of Merger with Hartree Affiliate and Intention to Delist Its Common Units

Par spragueoperati | août 19, 2022 | Commentaires fermés sur Sprague Resources LP Announces Anticipated Closing Date of Merger with Hartree Affiliate and Intention to Delist Its Common Units

PORTSMOUTH, N.H., Aug. 19, 2022 (GLOBE NEWSWIRE) — Sprague Resources LP (the “Partnership”) (NYSE: SRLP) today announced that it has notified the New York Stock Exchange (“NYSE”) of the anticipated […]

The Market was Driven Higher by the Momentum from Wednesday’s Bullish EIA Crude Inventory

Par spragueoperati | août 19, 2022 | Commentaires fermés sur The Market was Driven Higher by the Momentum from Wednesday’s Bullish EIA Crude Inventory

Recap:  The oil market continued to trade higher on Thursday after it posted an inside trading day on Wednesday. The market was driven higher by the momentum from Wednesday’s bullish […]