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Baker Hughes reported that the oil and gas rig count increased by 1 to 255

Par spragueoperati | septembre 21, 2020 | Commentaires fermés sur Baker Hughes reported that the oil and gas rig count increased by 1 to 255

Recap: After opening slightly lower on the day, oil prices reversed to the upside, supported by bullish signals out of this week’s OPEC meeting. However, gains were capped after Libyan commander […]

October NYMEX Natural Gas Futures Contract Closed at $2.042 on Thursday, September 17th

Par spragueoperati | septembre 18, 2020 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.042 on Thursday, September 17th

Thursday, September 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.183, eight cents below Wednesday’s closing price of $2.267.  Falling dramatically in the day’s opening hour, prices […]

OPEC+’s regularly scheduled monthly joint committee meeting sent oil prices skyrocketing on Thursday

Par spragueoperati | septembre 18, 2020 | Commentaires fermés sur OPEC+’s regularly scheduled monthly joint committee meeting sent oil prices skyrocketing on Thursday

Recap: Strong words out of OPEC+’s regularly scheduled monthly joint committee meeting sent oil prices skyrocketing on Thursday, as its members reassured the oil industry that it was committed to […]

October NYMEX Natural Gas Futures Contract Closed at $2.267 on Wednesday, September 16th

Par spragueoperati | septembre 17, 2020 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.267 on Wednesday, September 16th

Wednesday, September 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.333, three cents below Tuesday’s closing price of $2.362.  Trading slightly higher to record an intraday high […]

The EIA reported a 4.4 million barrel draw in U.S. crude oil inventories

Par spragueoperati | septembre 17, 2020 | Commentaires fermés sur The EIA reported a 4.4 million barrel draw in U.S. crude oil inventories

Recap: Oil futures climbed more than 4% on Wednesday after the EIA reported a 4.4 million barrel draw in U.S. crude oil inventories, while Hurricane Sally curtailed production in the Gulf […]

October NYMEX Natural Gas Futures Contract Closed at $2.362 on Tuesday, September 15th

Par spragueoperati | septembre 16, 2020 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.362 on Tuesday, September 15th

Tuesday, September 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.328, two cents above Monday’s closing price of $2.310.  Ascending from an intraday low of $2.304 near […]

The IEA lowered its 2020 outlook for demand by 200,000 barrel per day

Par spragueoperati | septembre 16, 2020 | Commentaires fermés sur The IEA lowered its 2020 outlook for demand by 200,000 barrel per day

Recap: Oil futures rose on Tuesday, getting a boost from supply disruptions due to Hurricane Sally, which shut in more than a quarter of offshore crude production in the Gulf […]

October NYMEX Natural Gas Futures Contract Closed at $2.310 on Monday, September 14th

Par spragueoperati | septembre 15, 2020 | Commentaires fermés sur October NYMEX Natural Gas Futures Contract Closed at $2.310 on Monday, September 14th

Monday, September 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.368, ten cents above Friday’s closing price of $2.269.  Climbing to an intraday high of $2.385 soon […]

The Bureau of Safety and Environmental Enforcement said Hurricane Sally forced energy firms to shut in 21.4% of offshore crude oil production in the northern Gulf of Mexico

Par spragueoperati | septembre 15, 2020 | Commentaires fermés sur The Bureau of Safety and Environmental Enforcement said Hurricane Sally forced energy firms to shut in 21.4% of offshore crude oil production in the northern Gulf of Mexico

Recap: The trading session on Monday was subdued as demand concerns tied to the pandemic eclipsed any damage concerns due to Hurricane Sally, which is approaching the Gulf of Mexico, […]

October NYMEX Natural Gas Futures Contracts Closed at $2.269 on Friday, September 11th

Par spragueoperati | septembre 14, 2020 | Commentaires fermés sur October NYMEX Natural Gas Futures Contracts Closed at $2.269 on Friday, September 11th

Friday, September 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.294, three cents below Thursday’s closing price of $2.323.  Jumping to an intraday high of $2.335 within […]