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Oil Futures Rose on Thursday after China Eased COVID Restrictions in Two Major Cities

By spragueoperati | December 2, 2022 | Comments Off on Oil Futures Rose on Thursday after China Eased COVID Restrictions in Two Major Cities

Recap: Oil futures rose on Thursday after China eased COVID restrictions in two major cities, while the U.S. dollar slumped on the view that the Federal Reserve might slow down […]

January NYMEX Natural Gas Futures Contract Closed at $6.930 on Wednesday, November 30th

By spragueoperati | December 1, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $6.930 on Wednesday, November 30th

Wednesday, November 30th saw the January NYMEX Natural Gas Futures Contract open at $7.181, five cents below Tuesday’s closing price of $7.235. Peaking at an intraday high of $7.285 at […]

Oil Prices Rose as Much as $3 on Wednesday Amid Optimism

By spragueoperati | December 1, 2022 | Comments Off on Oil Prices Rose as Much as $3 on Wednesday Amid Optimism

Recap: Oil prices rose as much as $3 on Wednesday amid optimism that China will ease lockdown restrictions, bolstering the economy and demand for fuel, while supplies dropped in the […]

January NYMEX Natural Gas Futures Contract Closed at $7.235 on Tuesday, November 29th

By spragueoperati | November 30, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $7.235 on Tuesday, November 29th

Tuesday, November 29th saw the January NYMEX Natural Gas Futures Contract open at $7.282, nine cents above Monday’s closing price of $7.196. Climbing to the intraday high of $7.421 by […]

Oil Futures Firmed on Tuesday

By spragueoperati | November 30, 2022 | Comments Off on Oil Futures Firmed on Tuesday

Recap:  Oil futures firmed on Tuesday, as traders hoped the loosening of China’s strict COVID-19 restrictions would lead to an increase in demand. The potential for new output cuts from […]

January NYMEX Natural Gas Futures Contract Closed at $7.196 on Monday, November 28th

By spragueoperati | November 29, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $7.196 on Monday, November 28th

Monday, November 28th saw the December NYMEX Natural Gas Futures Contract open at $6.521, fifty cents below Friday’s closing price of $7.024. With limited trading activity the December contract settled […]

Oil Prices Slipped in Early Trading on Monday

By spragueoperati | November 29, 2022 | Comments Off on Oil Prices Slipped in Early Trading on Monday

Recap:  Oil prices slipped in early trading on Monday, falling close to their lowest level this year, as street protests against strict COVID-19 curbs in China, the world’s biggest crude […]

Oil Prices Fell as Much as 4% on Wednesday

By spragueoperati | November 28, 2022 | Comments Off on Oil Prices Fell as Much as 4% on Wednesday

Recap: Oil prices fell as much as 4% on Wednesday as the Group of Seven (G7) nations looked at a price cap on Russian oil above where it is currently trading […]

December NYMEX Natural Gas Futures Contract Closed at $6.779 on Tuesday, November 22nd

By spragueoperati | November 23, 2022 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $6.779 on Tuesday, November 22nd

Tuesday, November 22nd saw the December NYMEX Natural Gas Futures Contract open at $6.548, twenty-three cents below Monday’s closing price of $6.776. Marking an intraday low of $6.512 out of […]

Oil Futures Recovered Early Tuesday From the Steep Slump Instigated on Monday

By spragueoperati | November 23, 2022 | Comments Off on Oil Futures Recovered Early Tuesday From the Steep Slump Instigated on Monday

Recap:  Oil futures recovered early Tuesday from the steep slump instigated Monday by mixed news that OPEC and its allies were mulling churning out more oil. Oil prices increased on […]