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Oil Futures Edged Lower on Friday, Pressured by Fresh COVID Lockdowns

By spragueoperati | June 13, 2022 | Comments Off on Oil Futures Edged Lower on Friday, Pressured by Fresh COVID Lockdowns

Recap:  Oil futures edged lower on Friday, pressured by fresh COVID lockdowns in Shanghai and Beijing, while hefty fuel demand in the U.S. kept a floor under prices.  Oil prices […]

July NYMEX Natural Gas Futures Contract Closed at $8.963 on Thursday, June 9th

By spragueoperati | June 10, 2022 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $8.963 on Thursday, June 9th

Thursday, June 9th saw the July NYMEX Natural Gas Futures Contract open at $8.277, forty-two cents below Wednesday’s closing price of $8.699. Falling to an intraday low of $8.016 ahead […]

Oil Edged Lower on Thursday But Remained Close to Three-Month Highs

By spragueoperati | June 10, 2022 | Comments Off on Oil Edged Lower on Thursday But Remained Close to Three-Month Highs

Recap:  Oil edged lower on Thursday but remained close to three-month highs after a surprise build in U.S. crude stocks and as buyers continue to drive it higher. Oil prices […]

July NYMEX Natural Gas Futures Contract Closed at $8.699 on Wednesday, June 8th

By spragueoperati | June 9, 2022 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $8.699 on Wednesday, June 8th

Wednesday, June 8th saw the July NYMEX Natural Gas Futures Contract open at $9.387, nine cents above Tuesday’s closing price of $9.293. Trading within a relatively tight band near $9.550 […]

US Benchmark Oil Prices Climb 3.7% to a Session-High of $123.18 a Barrel

By spragueoperati | June 9, 2022 | Comments Off on US Benchmark Oil Prices Climb 3.7% to a Session-High of $123.18 a Barrel

Recap:  US benchmark oil prices climb 3.7% to a session-high of $123.18 a barrel, putting them less than $7 shy of a  14-year-high of $130.50 reached on March 7, the […]

July NYMEX Natural Gas Futures Contract Closed at $9.293 on Tuesday, June 7th

By spragueoperati | June 8, 2022 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $9.293 on Tuesday, June 7th

Tuesday, June 7th saw the July NYMEX Natural Gas Futures Contract open at $9.275, five cents below Monday’s closing price of $9.322. Marking the intraday low of $9.200 within minutes […]

Oil Futures Began Tuesday’s Session Trading to the Downside, Only to Encounter Buyers Down Below

By spragueoperati | June 8, 2022 | Comments Off on Oil Futures Began Tuesday’s Session Trading to the Downside, Only to Encounter Buyers Down Below

Recap: Oil futures began Tuesday’s session trading to the downside, only to encounter buyers down below. Trading remained choppy throughout the session, as traders honed in on several key factors. […]

July NYMEX Natural Gas Futures Contract Closed at $9.322 on Monday, June 6th

By spragueoperati | June 7, 2022 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $9.322 on Monday, June 6th

Monday, June 6th saw the July NYMEX Natural Gas Futures Contract open at $9.007, forty-eight cents above Friday’s closing price of $8.523. Marking the intraday low of $8.994 within minutes […]

Crude Oil Prices Rose at the Start of Monday’s Session

By spragueoperati | June 7, 2022 | Comments Off on Crude Oil Prices Rose at the Start of Monday’s Session

Recap: Crude oil prices rose at the start of Monday’s session after Saudi Arabia said Sunday it would raise its oil prices for most regions, excluding the United States. The increase in prices […]

July NYMEX Natural Gas Futures Contract Closed at $8.523 on Friday, June 3rd

By spragueoperati | June 6, 2022 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $8.523 on Friday, June 3rd

Friday, June 3rd saw the July NYMEX Natural Gas Futures Contract open at $8.591, eleven cents above Thursday’s closing price of $8.485. Trailing downward to tally the intraday low of […]