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Oil prices fell on Thursday stemming three straight sessions of gains

By spragueoperati | August 28, 2020 | Comments Off on Oil prices fell on Thursday stemming three straight sessions of gains

Recap: Oil prices fell on Thursday, stemming three straight sessions of gains, as traders anticipated a quick recovery for the energy market in the Gulf of Mexico after one of the […]

September NYMEX Natural Gas Futures Contract Closed at $2.461 on Wednesday, August 26th

By spragueoperati | August 27, 2020 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.461 on Wednesday, August 26th

Wednesday, August 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.517, three cents above Tuesday’s closing price of $2.489.  Volatile trading throughout the morning saw prices fluctuate […]

The EIA revealed a fifth straight week of declines in U.S. crude oil inventories

By spragueoperati | August 27, 2020 | Comments Off on The EIA revealed a fifth straight week of declines in U.S. crude oil inventories

Recap: Oil futures were mixed on Wednesday, holding on to five month highs as Hurricane Laura forced the shutdown of crude oil output in the Gulf of Mexico and data released […]

September NYMEX Natural Gas Futures Contract Closed at $2.451 on Tuesday, August 25th

By spragueoperati | August 26, 2020 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.451 on Tuesday, August 25th

Tuesday, August 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.539, two cents above Monday’s closing price of $2.513.  Jumping to an intraday high of $2.550 within […]

Oil prices logged their highest finish since early March

By spragueoperati | August 26, 2020 | Comments Off on Oil prices logged their highest finish since early March

Recap: Oil prices logged their highest finish since early March, as the energy sector in the Gulf of Mexico prepared for Hurricane Laura, which is expected to reach the area […]

September NYMEX Natural Gas Futures Contract Closed at $2.513 on Monday, August 24th

By spragueoperati | August 25, 2020 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.513 on Monday, August 24th

Monday, August 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.475, three cents above Friday’s closing price of $2.448.  Marking the intraday low upon the opening bell, […]

Oil futures rose Monday as a pair of tropical storms closed in on the Gulf of Mexico

By spragueoperati | August 25, 2020 | Comments Off on Oil futures rose Monday as a pair of tropical storms closed in on the Gulf of Mexico

Recap: Oil futures rose Monday as a pair of tropical storms, which are expected to make landfall within-days of each other, closed in on the Gulf of Mexico, forcing the […]

September NYMEX Natural Gas Futures Contract Closed at $2.448 on Friday, August 21st

By spragueoperati | August 24, 2020 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.448 on Friday, August 21st

Friday, August 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.324, a penny below Thursday’s closing price of $2.352.  Falling to an intraday low $2.280 by 9:30AM, […]

Baker Hughes reported that the number of U.S. oil rigs rose by 11 to 183

By spragueoperati | August 24, 2020 | Comments Off on Baker Hughes reported that the number of U.S. oil rigs rose by 11 to 183

Recap: Oil futures traded lower on Friday pressured by enduring concern over the coronavirus and its impact on demand, strength in the dollar and weak economic data out of the Eurozone […]

September NYMEX Natural Gas Futures Contract Closed at $2.352 on Thursday, August 20th

By spragueoperati | August 21, 2020 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.352 on Thursday, August 20th

Thursday, August 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.418, a penny below Wednesday’s closing price of $2.426.  Finding support near $2.410 throughout the session’s opening […]