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Several of the Largest U.S. Refineries Were Shut on Friday

By spragueoperati | December 27, 2022 | Comments Off on Several of the Largest U.S. Refineries Were Shut on Friday

Fundamental News:  TC Energy Corp said it will start returning to service its Keystone Pipeline’s idled segment to Cushing, Oklahoma in the next several days after a U.S. regulator approved […]

January NYMEX Natural Gas Futures Contract Closed at $4.999 on Thursday, December 22nd

By spragueoperati | December 23, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $4.999 on Thursday, December 22nd

Thursday, December 22nd saw the January NYMEX Natural Gas Futures Contract open at $5.215, twelve cents below Wednesday’s closing price of $5.332. Ascending to the intraday high of $5.425 ahead […]

Oil futures fell on Thursday in a volatile trading session

By spragueoperati | December 23, 2022 | Comments Off on Oil futures fell on Thursday in a volatile trading session

Recap: Oil futures fell on Thursday in a volatile trading session as the impact of tighter U.S. crude oil supplies due to a winter storm in the U.S. was outweighed by […]

January NYMEX Natural Gas Futures Contract Closed at $5.332 on Wednesday, December 21st

By spragueoperati | December 22, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $5.332 on Wednesday, December 21st

Wednesday, December 21st saw the January NYMEX Natural Gas Futures Contract open at $5.519, nineteen cents above Tuesday’s closing price of $5.326. Tallying the intraday high of $5.609 by 9:15AM, […]

Oil prices rose by more than $2 a barrel on Wednesday

By spragueoperati | December 22, 2022 | Comments Off on Oil prices rose by more than $2 a barrel on Wednesday

Recap: Oil prices rose by more than $2 a barrel on Wednesday after data showed a larger-than-expected draw in U.S. crude stockpiles, but gains were capped by a snowstorm that is […]

January NYMEX Natural Gas Futures Contract Closed at $5.326 on Tuesday, December 20th

By spragueoperati | December 21, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $5.326 on Tuesday, December 20th

Tuesday, December 20th saw the January NYMEX Natural Gas Futures Contract open at $5.416, nearly forty-four cents below Monday’s closing price of $5.851. Losing ground overnight as traders focused on […]

US benchmark crude-oil contract for February delivery finishes 1.1% higher

By spragueoperati | December 21, 2022 | Comments Off on US benchmark crude-oil contract for February delivery finishes 1.1% higher

Recap: The most-active US benchmark crude-oil contract for February delivery finishes 1.1% higher at $76.23 a barrel, helped by a weaker dollar that made overseas purchases of dollar-denominated crude more attractive […]

January NYMEX Natural Gas Futures Contract Closed at $5.851 on Monday, December 19th

By spragueoperati | December 20, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $5.851 on Monday, December 19th

Monday, December 19th saw the January NYMEX Natural Gas Futures Contract open at $6.111, forty-nine cents below Friday’s closing price of $6.600. Recording the intraday high of $6.136 within minutes […]

Oil prices rose on Monday

By spragueoperati | December 20, 2022 | Comments Off on Oil prices rose on Monday

Recap: Oil prices rose on Monday, as optimism around China relaxing its COVID-19 restrictions outweighed fears of a global recession that would weigh on energy demand. Spreading Covid-19 in China […]

January NYMEX Natural Gas Futures Contract Closed at $6.600 on Friday, December 16th

By spragueoperati | December 19, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $6.600 on Friday, December 16th

Friday, December 16th saw the January NYMEX Natural Gas Futures Contract open at $6.484, forty-nine cents below Thursday’s closing price of $6.970. Recording the intraday low of $6.410 by 9:15AM, […]