Search Results

Oil market traded higher on Friday despite energy companies shutting in production

By spragueoperati | August 30, 2021 | Comments Off on Oil market traded higher on Friday despite energy companies shutting in production

Recap:  The oil market on Friday continued to trend higher after it posted an inside trading day on Thursday.  The market remained well supported as energy companies shut in production […]

September NYMEX Natural Gas Futures Contract Closed at $4.184 on Thursday, August 26th

By spragueoperati | August 27, 2021 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $4.184 on Thursday, August 26th

Thursday, August 26th saw the front-month NYMEX Natural Gas Futures Contract open at $3.963, nearly seven cents above Wednesday’s closing price of $3.897. Marking an intraday low of $3.958 soon […]

Oil market posted an inside trading day after three-day rally

By spragueoperati | August 27, 2021 | Comments Off on Oil market posted an inside trading day after three-day rally

Recap:  The oil market on Thursday posted an inside trading day as it erased some of Wednesday’s gains and remained in negative territory for much of the day.  Following a […]

September NYMEX Natural Gas Futures Contract Closed at $3.897 on Wednesday, August 25th

By spragueoperati | August 26, 2021 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $3.897 on Wednesday, August 25th

Wednesday, August 25th saw the front-month NYMEX Natural Gas Futures Contract open at $3.905, a penny above Tuesday’s closing price of $3.896. Posting a steady climb to start the day, […]

The EIA reported that the four week average of U.S. total product supplied increased to nearly 21 million bpd

By spragueoperati | August 26, 2021 | Comments Off on The EIA reported that the four week average of U.S. total product supplied increased to nearly 21 million bpd

Recap: On Wednesday, the oil market steadied following its sharp gains over the past couple of sessions on the news that Mexico was set to resume its shut in production following […]

September NYMEX Natural Gas Futures Contract Closed at $3.896 on Tuesday, August 24th

By spragueoperati | August 25, 2021 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $3.896 on Tuesday, August 24th

Tuesday, August 24th saw the front-month NYMEX Natural Gas Futures Contract open at $3.917, three cents below Monday’s closing price of $3.945.  Attaining an intraday high of $3.944 by 9:20AM, […]

The oil market rose almost 3% on Tuesday

By spragueoperati | August 25, 2021 | Comments Off on The oil market rose almost 3% on Tuesday

Recap: The oil market extended Monday’s sharp gains as it rose almost 3% on Tuesday as concerns over diminishing demand eased following the FDA’s full approval of the Pfizer/BioNTech Covid-19 vaccine […]

September NYMEX Natural Gas Futures Contract Closed at $3.945 on Monday, August 23rd

By spragueoperati | August 24, 2021 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $3.945 on Monday, August 23rd

Monday, August 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.900, five cents above Friday’s closing price of $3.851. Trending lower to record an intraday low of […]

The oil market rallied over 5% on Monday

By spragueoperati | August 24, 2021 | Comments Off on The oil market rallied over 5% on Monday

Recap: On Monday, the oil market rallied over 5%, as the U.S. dollar weakened and the strength in the equities markets lent support to the oil complex following a seven-day losing […]

September NYMEX Natural Gas Futures Contract Closed at $3.851 on Friday, August 20th

By spragueoperati | August 23, 2021 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $3.851 on Friday, August 20th

Friday, August 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.929, ten cents above Thursday’s closing price of $3.830. Tallying an intraday high of $3.951 soon after […]