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Recap: Oil futures were little changed on Friday, after a strong recovery from Monday’s selloff, underpinned by expectations that supply will remain tight through the year. The price of oil and […]
Sprague announces a cash distribution of $0.6675 per unit PORTSMOUTH, N.H., July 23, 2021 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors […]
Thursday, July 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $3.934, three cents below Wednesday’s closing price of $3.959. Trading along either side of $3.945 through 10:30AM, […]
Recap: Oil futures rose for the third straight day, further ignoring the bearish U.S. inventory report and the spread of the Covid-19 Delta variant, as well as reports on Thursday stating […]
Wednesday, July 21st saw the front-month NYMEX Natural Gas Futures Contract open at $3.910, nearly four cents above Tuesday’s closing price of $3.876. Falling to an intraday low of $3.891 […]
Recap: Oil futures jumped on Wednesday despite data showing an unexpected 2.1 million barrel build in U.S. crude oil inventories, which broke an eight week streak of declines. The driver behind […]
Tuesday, July 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.852, seven cents above Monday’s closing price of $3.779. Continuing its pre-session momentum to reach an intraday […]
Recap: Perhaps a little bit overdone to the downside, oil futures bounced back on Tuesday, erasing some of the panic selling seen on Monday after OPEC+ agreed to boost supplies, and […]
Monday, July 19th saw the front-month NYMEX Natural Gas Futures Contract open at $3.748, seven cents above Friday’s closing price of $3.674. Slipping to an intraday low of $3.712 ahead […]
Recap: Oil futures plummeted more than 8% on Monday as OPEC and its allies agreed to increase monthly output by 400,000 barrels per day, while the spread of the delta variant […]