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April NYMEX Natural Gas Futures Contracts Closed at $2.683 on Tuesday, February 27th

Par spragueoperati | février 28, 2018 | 0 commentaire

On Tuesday, February 27th – the April NYMEX Natural Gas Futures Contracts began trading as the prompt month.  Opening at $2.652, three cents below Monday’s closing price of $2.686, traders […]

The oil market seems to be pressured by the strength in the dollar

Par spragueoperati | février 28, 2018 | 0 commentaire

Recap: The oil market opened 15 cents higher and quickly posted a high of $64.08 before it started to erase its previous gains.  The oil market seemed to have been […]

Oil prices continued their upward route to a three week high

Par spragueoperati | février 27, 2018 | 0 commentaire

Recap: Oil prices continued their upward route on Monday, rising to a three-week high, supported by OPEC’s commitment to output cuts, supply disruptions in Libya and by strong U.S. demand. […]

March NYMEX Natural Gas Futures Contracts Closed at $2.625 on Friday, February 23rd

Par spragueoperati | février 26, 2018 | 0 commentaire

Friday, February 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.579, five cents below Thursday’s closing price of $2.634.  Slipping to notch the intraday low of $2.576 […]

Oil prices finished higher for the second straight week

Par spragueoperati | février 26, 2018 | 0 commentaire

Recap: Oil prices finished higher for the second straight week, tacking on more than 3%, gaining support from falling Libyan production, bullish rhetoric from Saudi Arabia’s energy minister and a decline […]

March NYMEX Natural Gas Futures Contracts Closed at $2.634 on Thursday, February 22nd

Par spragueoperati | février 23, 2018 | 0 commentaire

Thursday, February 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.641, two cents below Wednesday’s closing price of $2.659.  Climbing to seesaw along the $2.65 mark through […]

EIA report indicated US crude oil stocks fell 1.6 million

Par spragueoperati | février 23, 2018 | 0 commentaire

Recap: Oil prices, which were heading lower early in the session, reversed course after the release of the EIA report, which indicated U.S. crude oil stocks fell 1.6 million. In […]

Oil prices headed lower early in the session on Wednesday

Par spragueoperati | février 22, 2018 | 0 commentaire

Recap: Oil prices headed lower early in the session on Wednesday, following a mixed move on Thursday. The ease came as the dollar strengthened amid expectations that U.S. crude oil […]

March NYMEX Natural Gas Futures Contracts Closed at $2.659 on Wednesday, February 21st

Par spragueoperati | février 22, 2018 | 0 commentaire

Wednesday, February 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.647, three cents above Tuesday’s closing price of $2.616.  Building upon the previous day’s gains, the under-valued […]

Differing U.S. data reported last week showed U.S. crude oil inventories held at Cushing shrinking and shale output continuing to rise

Par spragueoperati | février 21, 2018 | 0 commentaire

Recap: Oil prices were mixed on Tuesday, with Brent coming under pressure as maintenance gets under way in that region and with WTI increasing on concerns of tighter supplies out […]