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API reported a 10.2 million barrel drop in supplies

Par spragueoperati | Décembre 13, 2018 | Commentaires fermés sur API reported a 10.2 million barrel drop in supplies

Recap: It was an erratic trading session for oil prices on Wednesday, with prices trading on both sides of unchanged. Crude oil futures began the session trading above unchanged as […]

Libya’s National Oil Company declared force majeure on exports from the El Sharara oilfield

Par spragueoperati | Décembre 12, 2018 | Commentaires fermés sur Libya’s National Oil Company declared force majeure on exports from the El Sharara oilfield

Recap: Oil prices rose on Tuesday aided by a rise in global equity markets and after Libya’s National Oil Company declared force majeure on Monday on exports from the El Sharara […]

January NYMEX Natural Gas Futures Contracts Closed at $4.407 on Tuesday, December 11th

Par spragueoperati | Décembre 12, 2018 | Commentaires fermés sur January NYMEX Natural Gas Futures Contracts Closed at $4.407 on Tuesday, December 11th

Tuesday, December 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.446, eight cents below Monday’s closing price of $4.545.  Following a jump to the intraday high of […]

January NYMEX Natural Gas Futures Contracts Closed at $4.545 on Monday, December 10th

Par spragueoperati | Décembre 11, 2018 | Commentaires fermés sur January NYMEX Natural Gas Futures Contracts Closed at $4.545 on Monday, December 10th

Monday, December 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.427, six cents below Friday’s closing price of $4.488.  Ascending from the intraday low of $4.416 as […]

OPEC and non-OPEC output cut agreement will be signed in three months’ time

Par spragueoperati | Décembre 11, 2018 | Commentaires fermés sur OPEC and non-OPEC output cut agreement will be signed in three months’ time

Recap: The oil market looked ready to post an inside trading day as it failed to breach Friday’s trading range for most of the session.  The crude market opened at […]

January NYMEX Natural Gas Futures Contracts Closed at $4.488 on Friday, December 7th

Par spragueoperati | Décembre 10, 2018 | Commentaires fermés sur January NYMEX Natural Gas Futures Contracts Closed at $4.488 on Friday, December 7th

Friday, December 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.388, six cents above Thursday’s closing price of $4.327.  Setting its sights high out of the gate, the […]

Crude oil futures rallied after OPEC members and nonmembers decided to cut production in January

Par spragueoperati | Décembre 10, 2018 | Commentaires fermés sur Crude oil futures rallied after OPEC members and nonmembers decided to cut production in January

Recap: Crude oil futures rallied on Friday as OPEC members and nonmembers agreed to cut back on production starting in January. After the release of the aforementioned news, January WTI […]

OPEC announced that it was delaying its decision to cut output until it meets with other producers

Par spragueoperati | Décembre 7, 2018 | Commentaires fermés sur OPEC announced that it was delaying its decision to cut output until it meets with other producers

Recap: The 7.3 million barrel draw in U.S. crude oil inventories did little to prop up prices after OPEC announced that it was delaying its decision to cut output until […]

January NYMEX Natural Gas Futures Contracts Closed at $4.327 on Thursday, December 6th

Par spragueoperati | Décembre 7, 2018 | Commentaires fermés sur January NYMEX Natural Gas Futures Contracts Closed at $4.327 on Thursday, December 6th

Thursday, December 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.366, ten cents below Wednesday’s closing price of $4.469.  Retreating from the intraday high of $4.404 as […]

January NYMEX Natural Gas Futures Contracts Closed at $4.469 on Wednesday, December 5th

Par spragueoperati | Décembre 6, 2018 | Commentaires fermés sur January NYMEX Natural Gas Futures Contracts Closed at $4.469 on Wednesday, December 5th

Wednesday, December 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.547, nine cents above Tuesday’s closing price of $4.457.  Tallying the intraday high of $4.557 within minutes […]