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April NYMEX Natural Gas Futures Contract Closed at $2.481 on Thursday, March 18th

By spragueoperati | March 19, 2021 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.481 on Thursday, March 18th

Thursday, March 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.484, four cents below Wednesday’s closing price of $2.528. Trending lower so after the opening bell to […]

Brent and WTI lost more than 7% over the last five sessions

By spragueoperati | March 19, 2021 | Comments Off on Brent and WTI lost more than 7% over the last five sessions

Recap: Oil futures got clobbered on Thursday, falling for the fifth straight session, with both Brent and WTI losing more than 7% over the last five sessions. Most of Thursday’s […]

April NYMEX Natural Gas Futures Contract Closed at $2.528 on Wednesday, March 17th

By spragueoperati | March 18, 2021 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.528 on Wednesday, March 17th

Wednesday, March 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.534, three cents below Tuesday’s closing price of $2.562.  Ascending to an intraday high of $2.553 by […]

U.S. crude oil inventories rose for the fourth straight week

By spragueoperati | March 18, 2021 | Comments Off on U.S. crude oil inventories rose for the fourth straight week

Recap: WTI continues to hover around $64 with a surge in prices seeming less likely, as U.S. crude oil inventories rose for the fourth straight week, as refiners ramp up output. […]

April NYMEX Natural Gas Futures Contract Closed at $2.562 on Tuesday, March 16th

By spragueoperati | March 17, 2021 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.562 on Tuesday, March 16th

Tuesday, March 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.503, a penny above Monday’s closing price of $2.492.  Slipping to an intraday low of $2.494 as […]

Refiners in Texas struggle to bounce back from the mid-February deep freeze

By spragueoperati | March 17, 2021 | Comments Off on Refiners in Texas struggle to bounce back from the mid-February deep freeze

Recap: Oil futures fell on Tuesday, as European countries suspended the use of Oxford/AstraZeneca’s vaccine after reports of possible serious side effects. Investors grew worrisome that the slow pace of vaccinations […]

April NYMEX Natural Gas Futures Contract Closed at $2.484 on Monday, March 15th

By spragueoperati | March 16, 2021 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.484 on Monday, March 15th

Monday, March 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.535, almost seven cents below Friday’s closing price of $2.600. Prices would reach their intraday high moments […]

Oil prices slipped on Monday

By spragueoperati | March 16, 2021 | Comments Off on Oil prices slipped on Monday

Recap: Oil prices slipped on Monday, pulling back from earlier gains nurtured by strong Chinese economic news and ongoing supply restraint from OPEC+. China’s industrial output growth quickened in January-February, […]

April NYMEX Natural Gas Futures Contract Closed at $2.600 on Friday, March 12th

By spragueoperati | March 15, 2021 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.600 on Friday, March 12th

Friday, March 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.660, almost even with Thursday’s closing price of $2.664. Prices would reach their intraday high of $2.673 […]

Baker Hughes reported that the number of U.S. oil drilling rigs fell by 1 to 309

By spragueoperati | March 15, 2021 | Comments Off on Baker Hughes reported that the number of U.S. oil drilling rigs fell by 1 to 309

Recap: It was a lackluster trading session for oil futures on Friday, as prices pulled back from Thursday’s RBOB lead rally. Strength in the U.S. dollar weighed on the market, as […]