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June NYMEX Natural Gas Futures Contract Closed at $2.955 on Tuesday, May 11th

By spragueoperati | May 12, 2021 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.955 on Tuesday, May 11th

Tuesday, May 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.897, nearly four cents below Monday’s closing price of $2.932.  Falling to an intraday low of $2.881 […]

OPEC left its 2021 demand forecast unchanged in its monthly Oil Market Report

By spragueoperati | May 12, 2021 | Comments Off on OPEC left its 2021 demand forecast unchanged in its monthly Oil Market Report

Recap: Oil futures pressed higher on Tuesday as the Colonial Pipeline resumed operations after shutting down following a cyberattack and OPEC left its 2021 demand forecast unchanged in its monthly Oil […]

June NYMEX Natural Gas Futures Contract Closed at $2.932 on Monday, May 10th

By spragueoperati | May 11, 2021 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.932 on Monday, May 10th

Monday, May 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.927, three cents below Friday’s closing price of $2.958.  Following a brief jump to $2.939 as the […]

The U.S. government and Colonial Pipeline worked to secure the network that transports nearly half of the East Coast’s supplies

By spragueoperati | May 11, 2021 | Comments Off on The U.S. government and Colonial Pipeline worked to secure the network that transports nearly half of the East Coast’s supplies

Recap: After jumping to their highest level in almost three years, RBOB futures peeled early gains to trade in negative territory, after Colonial Pipeline said Sunday evening that some of […]

June NYMEX Natural Gas Futures Contract Closed at $2.958 on Friday, May 7th

By spragueoperati | May 10, 2021 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.958 on Friday, May 7th

Friday, May 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.941, a penny above Thursday’s closing price of $2.928.  Trending lower to reach an intraday low of […]

Oil futures seesawed between gains and losses on Friday

By spragueoperati | May 10, 2021 | Comments Off on Oil futures seesawed between gains and losses on Friday

Recap: Oil futures seesawed between gains and losses on Friday, in what was a choppy trading session, following a disappointing U.S. jobs report. Crude’s advance this week comes amid strength […]

June NYMEX Natural Gas Futures Contract Closed at $2.928

By spragueoperati | May 7, 2021 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.928

Thursday, May 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.937, nearly even to Wednesday’s closing price of $2.938.  Trading along either side of $2.940 heading into […]

Rising number of COVID-19 cases in India continues to overshadow the decrease in U.S. crude oil inventories

By spragueoperati | May 7, 2021 | Comments Off on Rising number of COVID-19 cases in India continues to overshadow the decrease in U.S. crude oil inventories

Recap: Oil futures fell from early gains, as the rising number of COVID-19 cases in India continues to overshadow the huge decrease in U.S. crude oil inventories. Hopes that India's deadly […]

Sprague Resources LP Reports First Quarter 2021 Results

By spragueoperati | May 6, 2021 | Comments Off on Sprague Resources LP Reports First Quarter 2021 Results

June NYMEX Natural Gas Futures Contract Closed at $2.938 on Wednesday, May 5th

By spragueoperati | May 6, 2021 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.938 on Wednesday, May 5th

Wednesday, May 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.964, nearly even to Tuesday’s closing price of $2.967.  Ascending to $2.975 early on, prices slipped to […]