Search Results

August NYMEX Natural Gas Futures Contract Closed at $3.660 on Wednesday, July 14th

By spragueoperati | July 15, 2021 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $3.660 on Wednesday, July 14th

Wednesday, July 14th saw the front-month NYMEX Natural Gas Futures Contract open at an intraday high of $3.755, six cents above Friday’s closing price of $3.696. After open, prices fell […]

The EIA report showed that domestic crude supplies fell for an 8th week in a row

By spragueoperati | July 15, 2021 | Comments Off on The EIA report showed that domestic crude supplies fell for an 8th week in a row

Recap: Oil futures reversed early gains on Wednesday after Reuters reported that Saudi Arabia and the United Arab Emirates reached a compromise over a global supply deal that will allow the […]

August NYMEX Natural Gas Futures Contract Closed at $3.696 on Tuesday, July 13th

By spragueoperati | July 14, 2021 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $3.696 on Tuesday, July 13th

Tuesday, July 13th saw the front-month NYMEX Natural Gas Futures Contract open at $3.697, five cents below Friday’s closing price of $3.749.  Prices traded in a tight band throughout the […]

The IEA warned that deadlock in the OPEC+ alliance may cause global markets to “tighten significantly”

By spragueoperati | July 14, 2021 | Comments Off on The IEA warned that deadlock in the OPEC+ alliance may cause global markets to “tighten significantly”

Recap: Oil futures turned higher on Tuesday, as tight supplies and expectations for another draw in U.S. and global crude oil inventories provided support. Gains were originally kept at bay, as […]

August NYMEX Natural Gas Futures Contract Closed at $3.749 on Monday, July 12th

By spragueoperati | July 13, 2021 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $3.749 on Monday, July 12th

Monday, July 12th saw the front-month NYMEX Natural Gas Futures Contract open at an intraday low of $3.700, three cents above Friday’s closing price of $3.674.  Prices reached their intraday […]

Concerns about slowing global growth outweighed the prospect of tightening supply

By spragueoperati | July 13, 2021 | Comments Off on Concerns about slowing global growth outweighed the prospect of tightening supply

Recap: Oil futures turned lower on Monday as concerns about slowing global growth outweighed the prospect of tightening supply after talks among key producers to raise output in coming months […]

August NYMEX Natural Gas Futures Contract Closed at $3.674 on Friday, July 9th

By spragueoperati | July 12, 2021 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $3.674 on Friday, July 9th

Friday, July 9th saw the front-month NYMEX Natural Gas Futures Contract open at $3.720, three cents above Thursday’s closing price of $3.687.  Marking an intraday high of $3.730 early on, […]

Investors are weighing in on the historic drop in U.S. inventories

By spragueoperati | July 12, 2021 | Comments Off on Investors are weighing in on the historic drop in U.S. inventories

Recap: Oil futures rose for a second day on Friday as the market continued to react to the latest U.S. inventory report, while signs of strong Asian demand from both […]

August NYMEX Natural Gas Futures Contract Closed at $3.687 on Thursday, July 8th

By spragueoperati | July 9, 2021 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $3.687 on Thursday, July 8th

Thursday, July 8th saw the front-month NYMEX Natural Gas Futures Contract open at $3.593, just below Wednesday’s closing price of $3.596.  Ascending to $3.630 ahead of the weekly storage publication, […]

The EIA reported a 6.9 million barrel draw in U.S. crude oil inventories

By spragueoperati | July 9, 2021 | Comments Off on The EIA reported a 6.9 million barrel draw in U.S. crude oil inventories

Recap: Crude oil futures climbed throughout the session, stretching beyond the settlement price in late afternoon trading, after the Energy Information Administration reported a 6.9 million barrel draw in U.S. […]