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August NYMEX Natural Gas Futures Contract Closed at $2.251 on Friday, July 19th

Par spragueoperati | juillet 22, 2019 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.251 on Friday, July 19th

Friday, July 19th saw the front-month NYMEX Natural Gas Futures Contract open at 2.291, just above Thursday’s closing price of $2.287.  Peaking at the intraday high of $2.292 within minutes […]

The IEA is reducing its 2019 oil demand forecast due to a slowing global economy

Par spragueoperati | juillet 19, 2019 | Commentaires fermés sur The IEA is reducing its 2019 oil demand forecast due to a slowing global economy

Recap: After posting early gains on increased tensions in the Middle East, crude oil futures experienced considerable losses, as prices broke through key technical support levels. Prices had been trading […]

August NYMEX Natural Gas Futures Contract Closed at $2.827 on Thursday, July 17th

Par spragueoperati | juillet 19, 2019 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.827 on Thursday, July 17th

Thursday July 18th saw the front-month NYMEX Natural Gas Futures Contract open at 2.333, three cents above Wednesday’s closing price of $2.304.  Trading within two cents of $2.337 until 10:30AM […]

Domestic crude supplies fell for a fifth straight week

Par spragueoperati | juillet 18, 2019 | Commentaires fermés sur Domestic crude supplies fell for a fifth straight week

Recap: Crude oil futures moved lower Wednesday as U.S. government data revealed that domestic crude supplies fell for a fifth straight week, but the stocks were down by less than […]

August NYMEX Natural Gas Futures Contract Closed at $2.304 on Wednesday, July 17th

Par spragueoperati | juillet 18, 2019 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.304 on Wednesday, July 17th

Wednesday July 17th saw the front-month NYMEX Natural Gas Futures Contract open at 2.338, roughly three cents above Tuesday’s closing price of $2.306. Prices fluctuated through the early afternoon reaching […]

The tensions between the U.S. and Iran appears to be easing

Par spragueoperati | juillet 17, 2019 | Commentaires fermés sur The tensions between the U.S. and Iran appears to be easing

Recap: After firming in early morning trading, oil prices turned lower on Tuesday, as U.S. offshore production resumed after Hurricane Barry and as tensions between the U.S. and Iran appeared […]

August NYMEX Natural Gas Futures Contract Closed at $2.306 on Tuesday, July 16th

Par spragueoperati | juillet 17, 2019 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.306 on Tuesday, July 16th

Tuesday July 16th saw the front-month NYMEX Natural Gas Futures Contract open at 2.322, eight cents below Monday’s closing price of $2.408.  Now in the wake of Hurricane Barry making […]

Oil prices turned lower on Monday

Par spragueoperati | juillet 16, 2019 | Commentaires fermés sur Oil prices turned lower on Monday

Recap: Oil prices turned lower on Monday, as the impact of a tropical storm on U.S. Gulf Coast production and refining appeared to be less than expected and on mixed […]

August NYMEX Natural Gas Futures Contract Closed at $2.408 on Monday, July 15th

Par spragueoperati | juillet 16, 2019 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.408 on Monday, July 15th

Monday July 15th saw the front-month NYMEX Natural Gas Futures Contract open at 2.413, four cents below Friday’s closing price of $2.458.  Natural Gas prices moved lower Monday, easing some […]

The IEA said increasing US oil output will outpace global demand and lead to a large inventory build around the world in the next nine months.

Par spragueoperati | juillet 15, 2019 | Commentaires fermés sur The IEA said increasing US oil output will outpace global demand and lead to a large inventory build around the world in the next nine months.

Recap: The oil market traded higher but failed to breach its previous high as concerns over a global surplus in the months ahead limited its gains.  The IEA said increasing […]