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Oil prices gradually lost ground as concern over airstrikes in Syria began to ease

Par spragueoperati | avril 17, 2018 | 0 commentaire

Recap: Oil prices opened the session trading unchanged, but gradually lost ground as concern over airstrikes in Syria began to ease. May WTI fell 2 cents shy of reaching Friday’s […]

May NYMEX Natural Gas Futures Contracts Closed at $2.752 on Monday, April 16th

Par spragueoperati | avril 17, 2018 | 0 commentaire

Monday, April 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.764, three cents above Friday’s closing price of $2.735.  Rising confidently in pre-market trading and continuing upward […]

The IEA reported that it expects the world’s demand for oil to increase by 1.5 million bpd in 2018

Par spragueoperati | avril 16, 2018 | 0 commentaire

Recap: Following Thursday’s inside trading, the oil market on Friday traded higher ahead of the weekend.  The market opened 11 cents higher at $67.18 and traded mostly sideways before it […]

May NYMEX Natural Gas Futures Contracts Closed at $2.735 on Friday, April 13th

Par spragueoperati | avril 16, 2018 | 0 commentaire

Friday, April 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.715, three cents above Thursday’s closing price of $2.686.  Supported by short-covering and an increase in consumption […]

The crude oil market remained near its highs last seen in December 2014

Par spragueoperati | avril 13, 2018 | 0 commentaire

Recap: The crude oil market posted an inside trading day, but remained near its highs last seen in December 2014 on geopolitical risks.  The market was supported by worries over military […]

May NYMEX Natural Gas Futures Contracts Closed at $2.686 on Thursday, April 12th

Par spragueoperati | avril 13, 2018 | 0 commentaire

Thursday, April 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.693, nearly two cents above Wednesday’s closing price of $2.675.  Climbing initially to the intraday high of […]

EIA report showed an increase in US oil production to a new record level of 10.525 million bpd

Par spragueoperati | avril 12, 2018 | 0 commentaire

Recap: The oil market continued to trend higher on Wednesday and traded to its highest level since late 2014 amid rising tensions in the Middle East.  The market opened up […]

The crude market breached its previous highs and extended Monday’s gains

Par spragueoperati | avril 11, 2018 | 0 commentaire

Recap: The oil market opened 12 cents lower at $63.30 as it retraced some of Monday’s sharp gains.  The market posted a low of $63.20 but quickly bounced off that […]

May NYMEX Natural Gas Futures Contracts Closed at $2.656 on Tuesday, April 10th

Par spragueoperati | avril 11, 2018 | 0 commentaire

Tuesday, April 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.668, roughly two cents below Monday’s closing price of $2.693.  Tumbling to the intraday low of $2.643 […]

The market was well supported by a rebound in the stock market as concerns over a trade war between the US and China eased

Par spragueoperati | avril 10, 2018 | 0 commentaire

Recap: The crude market on Monday posted an inside trading day as it retraced Friday’s losses. The market was well supported by a rebound in the stock market as concerns […]