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Monday, June 29th saw the front-month NYMEX Natural Gas contract open at $3.197, $0.056 below Friday’s closing price of $3.253. Recording the intraday high of $3.211 at 9:30AM, traders largely […]
Recap: The oil market on Friday continued to trade lower within a downward trend channel as crude continued to flow through the Strait of Hormuz despite the strike on a […]
Recap: The crude market ended a four-day losing streak and ended Thursday’s session 2.3% higher after a cargo ship was hit by an unknown projectile near Oman, renewing concerns over […]
Recap: The oil market extended its previous losses on Wednesday in light of signs of increased tanker activity in the Strait of Hormuz. Ship-tracking data showed that three stranded supertankers, […]
Recap: The crude market continued to trend lower on Tuesday amid signs of some progress in in the U.S.-Iran peace talks. The market extended its previous losses after the U.S. […]
The Sprague Natural Gas MarketWatch will be on hiatus until Tuesday, June 30th. Monday, June 22nd saw the front-month NYMEX Natural Gas contract open at $3.268, $0.035 above Thursday’s closing […]
Recap: The crude market traded lower, remaining within its recent trading range, amid progress in talks between the U.S. and Iran. The market traded higher during Friday’s shortened trading session […]
Thursday, June 18th saw the front-month NYMEX Natural Gas contract open at $3.140, $0.005 below Wednesday’s closing price of $3.145. Recording the intraday low of $3.126 at 9:30AM, prices traded […]
Recap: The oil market traded lower on Thursday falling back to levels seen before the start of the Iran war following the signing of the U.S.-Iran interim deal to end […]
Recap: The oil market ended the session higher after the market weighed the uncertainty over the U.S.-Iran deal and concerns over the IEA’s warning of excess supply next year. The […]