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Crude Oil Prices Tumbled More Than 4% on Monday

By spragueoperati | July 12, 2022 | Comments Off on Crude Oil Prices Tumbled More Than 4% on Monday

Recap:  Crude oil prices tumbled more than 4% on Monday as fears of a recession accelerated after Russia cut off natural gas supply to parts of Europe via the Nordstream […]

August NYMEX Natural Gas Futures Contract Closed at $6.034 on Friday, July 8th

By spragueoperati | July 11, 2022 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $6.034 on Friday, July 8th

Friday, July 8th saw the August NYMEX Natural Gas Futures Contract open at $6.271, nearly three cents below Thursday’s closing price of $6.297. Fluctuating within a fifteen-cent range during the […]

Oil Futures Rose in Volatile Trade on Friday

By spragueoperati | July 11, 2022 | Comments Off on Oil Futures Rose in Volatile Trade on Friday

Recap:  Oil futures rose in volatile trade on Friday, as concern over a potential recession-driven demand downturn outweighed tight global supplies. Central banks are raising interest rates to tame inflation, […]

August NYMEX Natural Gas Futures Contract Closed at $6.297 on Thursday, July 7th

By spragueoperati | July 8, 2022 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $6.297 on Thursday, July 7th

Thursday, July 7th saw the August NYMEX Natural Gas Futures Contract open at $5.766, nearly twenty-six cents above Wednesday’s closing price of $5.510. Trading along either side of $5.80 heading […]

Oil Prices Regained Footing on Thursday from Steep Falls in the Previous Two Sessions

By spragueoperati | July 8, 2022 | Comments Off on Oil Prices Regained Footing on Thursday from Steep Falls in the Previous Two Sessions

Recap:  Oil prices regained footing on Thursday from steep falls in the previous two sessions, as investors returned their focus to tight supplies even as fears persisted over the demand […]

August NYMEX Natural Gas Futures Contract Closed at $5.510 on Wednesday, July 6th

By spragueoperati | July 7, 2022 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $5.510 on Wednesday, July 6th

Wednesday, July 6th saw the August NYMEX Natural Gas Futures Contract open at an intraday high of $5.689, seventeen cents above Tuesday’s closing price of $5.523. After opening at the […]

Oil Futures Turned Lower, Dropping to a 12-Week Low

By spragueoperati | July 7, 2022 | Comments Off on Oil Futures Turned Lower, Dropping to a 12-Week Low

Recap: After a brief rebound, oil futures turned lower, dropping to a 12-week low and adding to losses seen on Tuesday. This is a clear indication that traders are concerned […]

August NYMEX Natural Gas Futures Contract Closed at $5.523 on Tuesday, July 5th

By spragueoperati | July 6, 2022 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $5.523 on Tuesday, July 5th

Tuesday, July 5th saw the August NYMEX Natural Gas Futures Contract open at $5.449, twenty-eight cents below Friday’s closing price of $5.730. Prices rose quickly, finding the intraday high of […]

Oil Futures Fell Sharply on Tuesday to a Level Not Seen Since April

By spragueoperati | July 6, 2022 | Comments Off on Oil Futures Fell Sharply on Tuesday to a Level Not Seen Since April

Recap:  Oil futures fell sharply on Tuesday to a level not seen since April, as fears of a global slowdown took over commodity markets while investors expect US energy production […]

August NYMEX Natural Gas Futures Contract Closed at $5.730 on Friday, July 1st

By spragueoperati | July 5, 2022 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $5.730 on Friday, July 1st

Friday, July 1st saw the August NYMEX Natural Gas Futures Contract open at $5.860, forty-four cents above Thursday’s closing price of $5.424. Prices quickly found the intraday high of $5.912 […]