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November NYMEX Natural Gas Futures Contract Closed at $6.435 on Monday, October 10th

By spragueoperati | October 11, 2022 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $6.435 on Monday, October 10th

Monday, October 10th saw the November NYMEX Natural Gas Futures Contract open at $6.717, three cents below Friday’s closing price of $6.748. Reaching an intraday high of $6.901 ahead of […]

Oil Futures Slipped on Monday as Recession Fears Overshadowed Tight Supplies

By spragueoperati | October 11, 2022 | Comments Off on Oil Futures Slipped on Monday as Recession Fears Overshadowed Tight Supplies

Recap:  Oil futures slipped on Monday as recession fears overshadowed tight supplies. Investors weighed the possibility of a global recession and its impact on demand for fuel, against potentially tighter […]

November NYMEX Natural Gas Futures Contract Closed at $6.748 on Friday, October 7th

By spragueoperati | October 10, 2022 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $6.748 on Friday, October 7th

Friday, October 7th saw the November NYMEX Natural Gas Futures Contract open at $6.808, twenty cents above Wednesday’s closing price of $6.972. Climbing to $6.918 by 9:45AM, prices fell soon […]

Oil Futures Climbed for a Fifth Session in a Row on Friday

By spragueoperati | October 10, 2022 | Comments Off on Oil Futures Climbed for a Fifth Session in a Row on Friday

Recap:  Oil futures climbed for a fifth session in a row on Friday, with prices for the front-month U.S. contract ending 16.5% higher for the week. Oil prices had been […]

November NYMEX Natural Gas Futures Contract Closed at $6.972 on Thursday, October 6th

By spragueoperati | October 7, 2022 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $6.972 on Thursday, October 6th

Thursday, October 6th saw the November NYMEX Natural Gas Futures Contract open at $7.131, twenty cents above Wednesday’s closing price of $6.930. Achieving the intraday high of $7.138 within minutes […]

Oil Prices Rose on Thursday, Holding at Three-Week Highs

By spragueoperati | October 7, 2022 | Comments Off on Oil Prices Rose on Thursday, Holding at Three-Week Highs

Recap:  Oil prices rose on Thursday, holding at three-week highs after OPEC+ agreed to tighten global crude supply with a deal to cut production targets by 2 million barrels per […]

November NYMEX Natural Gas Futures Contract Closed at $6.930 on Wednesday, October 5th

By spragueoperati | October 6, 2022 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $6.930 on Wednesday, October 5th

Wednesday, October 5th saw the November NYMEX Natural Gas Futures Contract open at $6.973, fourteen cents above Tuesday’s closing price of $6.837. Gaining thirty cents in the minutes leading up […]

Oil Prices Ticked Higher on Wednesday

By spragueoperati | October 6, 2022 | Comments Off on Oil Prices Ticked Higher on Wednesday

Recap:  Oil prices ticked higher on Wednesday after it was reported that the OPEC+ monitoring committee had agreed to cutting output by 2 million barrels a day. The cut was […]

November NYMEX Natural Gas Futures Contract Closed at $6.837 on Tuesday, October 4th

By spragueoperati | October 5, 2022 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $6.837 on Tuesday, October 4th

Tuesday, October 4th saw the November NYMEX Natural Gas Futures Contract open at $6.453, two cents below Monday’s closing price of $6.470. Marking the intraday low of $6.412 by 9:15AM, […]

OPEC+ May Be Considering an Even Larger Cut Than Previously Expected

By spragueoperati | October 5, 2022 | Comments Off on OPEC+ May Be Considering an Even Larger Cut Than Previously Expected

Recap:  Oil futures jumped on Tuesday after it was reported that OPEC+ may be considering an even larger cut than previously expected.  An anonymous source reported that the group is […]