Search Results

Data showed that Chinese crude oil imports rose to the equivalent of 11.8 million barrels per day in September

By spragueoperati | October 14, 2020 | Comments Off on Data showed that Chinese crude oil imports rose to the equivalent of 11.8 million barrels per day in September

Recap: Oil prices ended higher on Tuesday, as data from China showed a jump in Chinese crude imports. WTI recaptured the $40 level after data showed that Chinese crude oil […]

Oil prices slipped to their lowest level in a week on Monday

By spragueoperati | October 13, 2020 | Comments Off on Oil prices slipped to their lowest level in a week on Monday

Recap: Oil prices slipped to their lowest level in a week on Monday, as production in Norway, Libya and the Gulf of Mexico began to recover. WTI traded back below […]

November NYMEX Natural Gas Futures Contract Closed at $2.741 on Friday, October 9th

By spragueoperati | October 12, 2020 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.741 on Friday, October 9th

Friday, October 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.744, twelve cents above Thursday’s closing price of $2.627.  Ascending to an intraday high of $2.821 by […]

The Bureau of Safety and Environmental Enforcement reported that personnel have been evacuated from a total of 274 production platforms

By spragueoperati | October 12, 2020 | Comments Off on The Bureau of Safety and Environmental Enforcement reported that personnel have been evacuated from a total of 274 production platforms

Recap: The oil markets were on a bit of a rollercoaster today. While the movement of Hurricane Delta across the Gulf of Mexico as a Category 2 or 3 hurricane […]

November NYMEX Natural Gas Futures Contract Closed at $2.627 on Thursday, October 8th

By spragueoperati | October 9, 2020 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.627 on Thursday, October 8th

Thursday, October 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.532, seven cents below Wednesday’s closing price of $2.606.  Marking an intraday low of $2.512 soon after […]

Saudi Arabia is reviewing and potentially delaying its support for higher crude oil production levels by OPEC+ early next year

By spragueoperati | October 9, 2020 | Comments Off on Saudi Arabia is reviewing and potentially delaying its support for higher crude oil production levels by OPEC+ early next year

Recap: The oil markets continued to trend higher throughout the day Thursday, driven higher by several factors, the first, the continued march of Hurricane Delta through the center of energy […]

Wednesday NYMEX Natural Gas Futures Contract Closed at $2.606 on Wednesday, October 7th

By spragueoperati | October 8, 2020 | Comments Off on Wednesday NYMEX Natural Gas Futures Contract Closed at $2.606 on Wednesday, October 7th

Wednesday, October 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.635, eleven cents above Tuesday’s closing price of $2.520.  Tallying an intraday high of $2.686 by 9:20AM, […]

Hurricane Delta shut more than 80% of U.S. Gulf offshore crude oil production

By spragueoperati | October 8, 2020 | Comments Off on Hurricane Delta shut more than 80% of U.S. Gulf offshore crude oil production

Recap: Oil futures settled lower on Wednesday, but losses were pared as Hurricane Delta shuts more than 80% of U.S. Gulf offshore crude oil production. November WTI had gained ground […]

November NYMEX Natural Gas Futures Contract Closed at $2.520 on Tuesday, October 6th

By spragueoperati | October 7, 2020 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.520 on Tuesday, October 6th

Tuesday, October 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.635, two cents above Monday’s closing price of $2.615.  Tallying an intraday high of $2.650 within minutes […]

Crude oil futures gained for the second straight day on Tuesday

By spragueoperati | October 7, 2020 | Comments Off on Crude oil futures gained for the second straight day on Tuesday

Recap: Crude oil futures gained for the second straight day on Tuesday, as Hurricane Delta intensified as it approaches the Yucatan peninsula and is headed toward the Gulf of Mexico. […]