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April NYMEX Natural Gas Futures Contract Closed at $2.543 on Thursday, March 9th

By spragueoperati | March 10, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.543 on Thursday, March 9th

Thursday, March 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.597, nearly five cents above Wednesday’s closing price of $2.551. Ascending to the intraday high of $2.639 […]

The Market Traded Sideways in Overnight Trading

By spragueoperati | March 10, 2023 | Comments Off on The Market Traded Sideways in Overnight Trading

Recap:  The oil market posted an outside trading day as the market, which looked to have taken a breather early in the session after two previous down days, continued on […]

April NYMEX Natural Gas Futures Contract Closed at $2.551 on Wednesday, March 8th

By spragueoperati | March 9, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.551 on Wednesday, March 8th

Wednesday, March 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.641, nearly five cents below Tuesday’s closing price of $2.687. Achieving the intraday high of $2.646 by […]

Fears that More Aggressive U.S. Interest Rate Hikes Would Pressure Economic Growth

By spragueoperati | March 9, 2023 | Comments Off on Fears that More Aggressive U.S. Interest Rate Hikes Would Pressure Economic Growth

Recap:  The oil market on Wednesday extended its losses amid fears that more aggressive U.S. interest rate hikes would pressure economic growth. The Federal Reserve Chair reaffirmed his message of […]

April NYMEX Natural Gas Futures Contract Closed at $2.687 on Tuesday, March 7th

By spragueoperati | March 8, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.687 on Tuesday, March 7th

Tuesday, March 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.632, six cents above Monday’s closing price of $2.572. Following the previous session’s retreat, the contract traded […]

The Market Continued to Trade Higher Following Five Days of Gains

By spragueoperati | March 8, 2023 | Comments Off on The Market Continued to Trade Higher Following Five Days of Gains

Recap: The oil market posted an outside trading day on Tuesday as the market continued to trade higher following five days of gains before it gave up all of Monday’s […]

April NYMEX Natural Gas Futures Contract Closed at $2.572 on Monday, March 6th

By spragueoperati | March 7, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.572 on Monday, March 6th

Monday, March 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.630, thirty-eight cents below Friday’s closing price of $3.009. Moving cautiously higher to achieve an intraday high […]

The Crude Market on Monday Erased its Earlier Losses and Settled in Positive Territory

By spragueoperati | March 7, 2023 | Comments Off on The Crude Market on Monday Erased its Earlier Losses and Settled in Positive Territory

Recap:  The crude market on Monday erased its earlier losses and settled in positive territory for the fifth consecutive session. The market retraced some of its previous losses amid the […]

April NYMEX Natural Gas Futures Contract Closed at $3.009 on Friday, March 3rd

By spragueoperati | March 6, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $3.009 on Friday, March 3rd

Friday, March 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.828, six cents above Thursday’s closing price of $2.765. Withdrawing to the intraday low of $2.800 by […]

The Oil Market Traded Sideways in Overnight Trading but Breached its Previous Range

By spragueoperati | March 6, 2023 | Comments Off on The Oil Market Traded Sideways in Overnight Trading but Breached its Previous Range

Recap: On Friday, the oil market traded sideways in overnight trading but breached its previous range and posted an outside trading day by noon as the market was headline driven. The […]