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November NYMEX Natural Gas Futures Contract Closed at $6.874 on Thursday, September 29th

By spragueoperati | September 30, 2022 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $6.874 on Thursday, September 29th

Thursday, September 29th saw the November NYMEX Natural Gas Futures Contract open at $6.765, nineteen cents below Wednesday’s closing price of $6.955. Trading near $6.670 leading up to the weekly […]

Concerns Over Production Disruptions From Hurricane Ian Subsided

By spragueoperati | September 30, 2022 | Comments Off on Concerns Over Production Disruptions From Hurricane Ian Subsided

Recap: Oil futures finished lower on Thursday as a sharp decline in U.S. stock markets sparked broader risk aversion across asset classes including energy commodities and as concerns over production […]

November NYMEX Natural Gas Futures Contract Closed at $6.955 on Wednesday, September 28th

By spragueoperati | September 29, 2022 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $6.955 on Wednesday, September 28th

Wednesday, September 28th saw the October NYMEX Natural Gas Futures Contract open at $6.635, two cents below Tuesday’s closing price of $6.651. October settled higher at $6.868 Set to take […]

A Mostly Bullish EIA Report Showed Across-the-Board US Inventory Declines

By spragueoperati | September 29, 2022 | Comments Off on A Mostly Bullish EIA Report Showed Across-the-Board US Inventory Declines

Recap:  Oil prices extended earlier gains, after a mostly bullish EIA report that showed across-the-board US inventory declines in the three main categories–crude, gasoline and distillates.The weekly report also showed a […]

October NYMEX Natural Gas Futures Contract Closed at $6.651 on Tuesday, September 27th

By spragueoperati | September 28, 2022 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $6.651 on Tuesday, September 27th

Tuesday, September 27th saw the October NYMEX Natural Gas Futures Contract open at $6.920, two cents above Monday’s closing price of $6.903. Seeking direction as prices fluctuated within a thirteen-cent […]

U.S. Consumer Confidence is Seeing Some Improvement as Gasoline Prices Decline from Their All-Time Highs in June

By spragueoperati | September 28, 2022 | Comments Off on U.S. Consumer Confidence is Seeing Some Improvement as Gasoline Prices Decline from Their All-Time Highs in June

Recap:  Oil futures bounced off of seven month lows after a report shows U.S. consumer confidence is seeing some improvement as gasoline prices decline from their all-time highs in June. […]

October NYMEX Natural Gas Futures Contract Closed at $6.903 on Monday, September 26th

By spragueoperati | September 27, 2022 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $6.903 on Monday, September 26th

Monday, September 26th saw the October NYMEX Natural Gas Futures Contract open at $6.706, twelve cents below Friday’s closing price of $6.828. Slipping to a two-month intraday low of $6.526 […]

Oil Futures Posted Sharp Declines for the Second Straight Sessions

By spragueoperati | September 27, 2022 | Comments Off on Oil Futures Posted Sharp Declines for the Second Straight Sessions

Recap:  Oil futures posted sharp declines for the second straight sessions, marking their lowest level since January 3. The market has now fallen by 8.1% over the past two trading […]

October NYMEX Natural Gas Futures Contract Closed at $6.828 on Friday, September 23rd

By spragueoperati | September 26, 2022 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $6.828 on Friday, September 23rd

Friday, September 23rd saw the October NYMEX Natural Gas Futures Contract open at $6.923, seventeen cents below Thursday’s closing price of $7.089. Healthy production and continued comfortable weather conditions directed […]

WTI Fell Below $80 a Barrel for the First Time Since January Amid Continued Concerns Over Energy Demand

By spragueoperati | September 26, 2022 | Comments Off on WTI Fell Below $80 a Barrel for the First Time Since January Amid Continued Concerns Over Energy Demand

Recap:  WTI fell below $80 a barrel for the first time since January amid continued concerns over energy demand, as recession fears gripped financial markets, sinking equities and government bonds, […]