Search Results

The Bureau of Safety and Environmental Enforcement said Hurricane Sally forced energy firms to shut in 21.4% of offshore crude oil production in the northern Gulf of Mexico

By spragueoperati | September 15, 2020 | Comments Off on The Bureau of Safety and Environmental Enforcement said Hurricane Sally forced energy firms to shut in 21.4% of offshore crude oil production in the northern Gulf of Mexico

Recap: The trading session on Monday was subdued as demand concerns tied to the pandemic eclipsed any damage concerns due to Hurricane Sally, which is approaching the Gulf of Mexico, […]

October NYMEX Natural Gas Futures Contracts Closed at $2.269 on Friday, September 11th

By spragueoperati | September 14, 2020 | Comments Off on October NYMEX Natural Gas Futures Contracts Closed at $2.269 on Friday, September 11th

Friday, September 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.294, three cents below Thursday’s closing price of $2.323.  Jumping to an intraday high of $2.335 within […]

Crude oil markets fell for the second straight week

By spragueoperati | September 14, 2020 | Comments Off on Crude oil markets fell for the second straight week

Recap: Crude oil markets fell for the second straight week, with both Brent and WTI breaking down below $40 a barrel. This was the first consecutive weekly decline since April, […]

October NYMEX Natural Gas Futures Contract Closed at $2.323 on Thursday, September 10th

By spragueoperati | September 11, 2020 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.323 on Thursday, September 10th

Thursday, September 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.347, six cents below Wednesday’s closing price of $2.406.  Seeking direction in the session’s opening ninety minutes, […]

The EIA reported a 2 million barrel increase in U.S. crude oil inventories

By spragueoperati | September 11, 2020 | Comments Off on The EIA reported a 2 million barrel increase in U.S. crude oil inventories

Recap: Oil futures fell on Thursday after the EIA reported a 2 million barrel increase in U.S. crude oil inventories, stemming six consecutive weeks of declines, and heightening concerns of an […]

Wednesday NYMEX Natural Gas Futures Contract Closed at $2.406 on Wednesday, September 9th

By spragueoperati | September 10, 2020 | Comments Off on Wednesday NYMEX Natural Gas Futures Contract Closed at $2.406 on Wednesday, September 9th

Wednesday, September 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.467, nearly seven cents above Tuesday’s closing price of $2.400.  Ascending to an intraday high of $2.480 […]

Oil prices bounced off of three-month lows on Wednesday

By spragueoperati | September 10, 2020 | Comments Off on Oil prices bounced off of three-month lows on Wednesday

Recap: Oil prices bounced off of three-month lows on Wednesday, amid rising demand concerns, as the coronavirus continues to spread. October WTI gained as much as $1.70, or 4.6%, to […]

October NYMEX Natural Gas Futures Contract Closed at $2.400 on Tuesday, September 8th

By spragueoperati | September 9, 2020 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.400 on Tuesday, September 8th

Tuesday, September 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.523, nearly seven cents below Friday’s closing price of $2.588.  Jumping to an intraday high of $2.554 […]

Oil prices slid to their lowest level since June

By spragueoperati | September 9, 2020 | Comments Off on Oil prices slid to their lowest level since June

Recap: Oil prices slide to their lowest level since June on Tuesday, as Saudi Aribia cut its selling price amid a global rise in the number of coronavirus cases, which has […]

October NYMEX Natural Gas Futures Contract Closed at $2.588 on Friday, September 4th

By spragueoperati | September 8, 2020 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.588 on Friday, September 4th

Friday, September 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.509, two cents above Thursday’s closing price of $2.487.  Falling to an intraday low of $2.431 by […]