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April NYMEX Natural Gas Futures Contract Closed at $2.514 on Thursday, March 16th

By spragueoperati | March 17, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.514 on Thursday, March 16th

Thursday, March 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.472, three cents above Wednesday’s closing price of $2.439. Ascending to the $2.500 level by 10:00AM, the […]

Fears of a Global Banking Crisis

By spragueoperati | March 17, 2023 | Comments Off on Fears of a Global Banking Crisis

Recap:  The oil market posted an inside trading day following Wednesday’s sharp selloff on fears of a global banking crisis. The market traded mostly sideways in overnight trading as Credit […]

April NYMEX Natural Gas Futures Contract Closed at $2.439 on Wednesday, March 15th

By spragueoperati | March 16, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.439 on Wednesday, March 15th

Wednesday, March 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.521, five cents below Tuesday’s closing price of $2.573. Recording the intraday high of $2.530 within minutes […]

The Oil Market Sold Off to its Lowest Level in More Than a Year

By spragueoperati | March 16, 2023 | Comments Off on The Oil Market Sold Off to its Lowest Level in More Than a Year

Recap:  The oil market sold off to its lowest level in more than a year as a brewing banking crisis could impact global economic growth. In overnight trading, the oil […]

April NYMEX Natural Gas Futures Contract Closed at $2.573 on Tuesday, March 14th

By spragueoperati | March 15, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.573 on Tuesday, March 14th

Tuesday, March 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.641, four cents above Monday’s closing price of $2.606. Recording the intraday high of $2.642 within minutes […]

Concerns of a Broader Recession that Could Reduce Demand

By spragueoperati | March 15, 2023 | Comments Off on Concerns of a Broader Recession that Could Reduce Demand

Recap: The oil market continued on its downward path on Tuesday following Monday’s trading session, when the market saw a $5 trading range. The market posted a high of $74.90 […]

April NYMEX Natural Gas Futures Contract Closed at $2.606 on Monday, March 13th

By spragueoperati | March 14, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.606 on Monday, March 13th

Monday, March 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.401, three cents below Friday’s closing price of $2.430. Taking flight from the intraday low as markets […]

The Market Whipsawed on Monday Amid Worries of a Possible Banking Crisis

By spragueoperati | March 14, 2023 | Comments Off on The Market Whipsawed on Monday Amid Worries of a Possible Banking Crisis

Recap:  The oil market posted an outside trading day as the market whipsawed on Monday amid worries of a possible banking crisis. The market traded to a high of $77.47 […]

April NYMEX Natural Gas Futures Contract Closed at $2.430 on Friday, March 10th

By spragueoperati | March 13, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.430 on Friday, March 10th

Friday, March 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.495, five cents below Thursday’s closing price of $2.543. Recording the intraday high of $2.550 within minutes […]

The Session Ended in Positive Territory Following the Release of the February Payroll Report

By spragueoperati | March 13, 2023 | Comments Off on The Session Ended in Positive Territory Following the Release of the February Payroll Report

Recap:  The crude oil market on Friday traded lower early in the session as it continued on its recent downward path but retraced some of its previous losses and ended […]