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February NYMEX Natural Gas Futures Contract Closed at $3.850 on Wednesday, December 29th

By spragueoperati | December 30, 2021 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.850 on Wednesday, December 29th

Wednesday, December 29th saw the front-month NYMEX Natural Gas Futures Contract open at $4.033, two cents below Wednesday’s closing price of $4.055. Prices would hit an intraday high of $4.041 […]

Both Brent and WTI traded at their highest level in a month after the release of the EIA report

By spragueoperati | December 30, 2021 | Comments Off on Both Brent and WTI traded at their highest level in a month after the release of the EIA report

Recap: Oil futures steadied on Wednesday, after government data showed U.S. crude and fuel inventories fell last week, but concern that rising coronavirus cases might reduce demand weighed on prices. […]

January NYMEX Natural Gas Futures Contract Closed at $4.055 on Tuesday, December 28th

By spragueoperati | December 29, 2021 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $4.055 on Tuesday, December 28th

Tuesday, December 28th saw the front-month NYMEX Natural Gas Futures Contract open at $3.972, almost nine cents below Monday’s closing price of $4.060. Prices would drop to their intraday low […]

 WTI gained for the fifth straight session

By spragueoperati | December 29, 2021 | Comments Off on  WTI gained for the fifth straight session

Recap: WTI gained for the fifth straight session, but fell from session highs, as investors placed bets that the omicron variant of coronavirus would have only limited impact on economic growth. […]

January NYMEX Natural Gas Futures Contract Closed at $4.060 on Monday, December 27th

By spragueoperati | December 28, 2021 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $4.060 on Monday, December 27th

Monday, December 27th – saw the front-month NYMEX Natural Gas Futures Contract open at an intraday low of $3.884, fifteen cents above Thursday’s closing price of $3.731. Prices saw steady, […]

Oil futures rose to their highest level since November

By spragueoperati | December 28, 2021 | Comments Off on Oil futures rose to their highest level since November

Recap: Despite surging cases of the Omicron coronavirus variant, oil futures pulled out gains on Monday, rising to their highest level since November on hopes that there would be a […]

January NYMEX Natural Gas Futures Contract Closed at $3.731 on Thursday, December 23rd

By spragueoperati | December 27, 2021 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.731 on Thursday, December 23rd

Thursday, December 23rd – saw the front-month NYMEX Natural Gas Futures Contract open at $3.792 eighteen cents below Wednesday’s closing price of $3.976. Continuing the pre-session decline, prices slipped to […]

The oil market has wavered in recent days over how seriously to take the threat of another slump in fuel demand

By spragueoperati | December 27, 2021 | Comments Off on The oil market has wavered in recent days over how seriously to take the threat of another slump in fuel demand

Recap: Oil futures extended their gains in a lightly traded market on Thursday on signs that the worst effects of the Omicron variant might me more containable than previously feared, […]

January NYMEX Natural Gas Futures Contract Closed at $3.976 on Wednesday, December 22nd

By spragueoperati | December 23, 2021 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.976 on Wednesday, December 22nd

Wednesday, December 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $4.025, nearly sixteen cents above Tuesday’s closing price of $3.869. Picking up ground overnight as updated forecasts […]

The EIA reported a 4.7 million barrel draw in U.S. crude oil inventories

By spragueoperati | December 23, 2021 | Comments Off on The EIA reported a 4.7 million barrel draw in U.S. crude oil inventories

Recap: Oil futures extended their gains on Wednesday after the EIA reported a 4.7 million barrel draw in U.S. crude oil inventories and as traders shook off worries about the […]