Search Results

Oil futures rebounded after opening lower on the day

By spragueoperati | August 2, 2021 | Comments Off on Oil futures rebounded after opening lower on the day

Recap: Oil futures rebounded after opening lower on the day, but remained on track to post weekly gains with demand growing faster than supply, while vaccinations are expected to alleviate the […]

September NYMEX Natural Gas Futures Contract Closed at $4.059 on Thursday, July 29th

By spragueoperati | July 30, 2021 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $4.059 on Thursday, July 29th

Thursday, July 29th saw the front-month NYMEX Natural Gas Futures Contract open at $3.970, just above Wednesday’s closing price of $3.967.  Marking the intraday low of $3.969 early on, prices […]

Oil futures continue to grow as data showed a decline in U.S. crude oil inventories

By spragueoperati | July 30, 2021 | Comments Off on Oil futures continue to grow as data showed a decline in U.S. crude oil inventories

Recap:  Oil futures resumed their ascent on Thursday, after data released on Wednesday showed U.S. crude oil inventories falling by 4.1 million barrels for the week ended July 23, marking […]

August NYMEX Natural Gas Futures Contract Settled at $4.044 on Wednesday, July 28th

By spragueoperati | July 29, 2021 | Comments Off on August NYMEX Natural Gas Futures Contract Settled at $4.044 on Wednesday, July 28th

Wednesday, July 28th – settlement day for the August contract – saw the front-month NYMEX Natural Gas Futures Contract open at $3.997, two cents above Tuesday’s closing price of $3.971.  […]

The EIA reported a 4.1 million barrel drop in U.S. crude oil inventories

By spragueoperati | July 29, 2021 | Comments Off on The EIA reported a 4.1 million barrel drop in U.S. crude oil inventories

Recap: Oil futures rose on Wednesday, as the focus has shifted from the spread of COVID-19 to tight supplies after the EIA reported a 4.1 million barrel drop in U.S. crude […]

August NYMEX Natural Gas Futures Contract Closed at $3.971

By spragueoperati | July 28, 2021 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $3.971

Tuesday, July 27th saw the front-month NYMEX Natural Gas Futures Contract open at $4.036, seven cents below Monday’s closing price of $4.102.  Marking an intraday high of $4.052 within minutes […]

The COVID-19 Delta variant increased fear that global demand would be significantly impacted

By spragueoperati | July 28, 2021 | Comments Off on The COVID-19 Delta variant increased fear that global demand would be significantly impacted

Recap: Oil prices eased on Tuesday as the spread of the COVID-19 Delta variant increased fear that global demand would be significantly impacted, despite tightening supplies and rising vaccine rates. Volatility […]

August NYMEX Natural Gas Futures Contract Closed at $4.102 on Monday, July 26th

By spragueoperati | July 27, 2021 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $4.102 on Monday, July 26th

Monday, July 26th saw the front-month NYMEX Natural Gas Futures Contract open at $4.163, above Friday’s closing price of $4.060.  Ascending to another two-and-a-half year intraday high of $4.187 minutes […]

Oil futures fell in overnight trading

By spragueoperati | July 27, 2021 | Comments Off on Oil futures fell in overnight trading

Recap: Oil futures fell in overnight trading as the spread of the COVID-19 Delta variant raised concern about demand, but losses were limited by the forecast that crude oil supply […]

August NYMEX Natural Gas Futures Contract Closed at $4.060 on Friday, July 23rd

By spragueoperati | July 26, 2021 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $4.060 on Friday, July 23rd

Friday, July 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.997, just below Thursday’s closing price of $4.003.  Falling to an intraday low of $3.976 by 9:15AM, […]