Search Results

October NYMEX Natural Gas Futures Contract Closed at $1.835 on Monday, September 21st

By spragueoperati | September 22, 2020 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $1.835 on Monday, September 21st

Monday, September 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.946 ten cents below Friday’s closing price of $2.048 on Friday.  Declining rapidly as markets opened, the […]

October NYMEX Natural Gas Futures Contract Closed at $2.048 on Friday, September 18th

By spragueoperati | September 21, 2020 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.048 on Friday, September 18th

Friday, September 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.015 three cents below Thursday’s closing price of $2.042.  Straddling $2.015 for the majority of the session, […]

Sprague Energy and Frac Shack America Inc. Announce Expansion of Strategic Relationship

By spragueoperati | September 21, 2020 | Comments Off on Sprague Energy and Frac Shack America Inc. Announce Expansion of Strategic Relationship

Washington, PA (September 16, 2020) – Sprague Energy LLC (“Sprague”) and Frac Shack America Inc. (“Frac Shack”) have announced an expansion of their strategic relationship to provide customers with an […]

Baker Hughes reported that the oil and gas rig count increased by 1 to 255

By spragueoperati | September 21, 2020 | Comments Off on Baker Hughes reported that the oil and gas rig count increased by 1 to 255

Recap: After opening slightly lower on the day, oil prices reversed to the upside, supported by bullish signals out of this week’s OPEC meeting. However, gains were capped after Libyan commander […]

October NYMEX Natural Gas Futures Contract Closed at $2.042 on Thursday, September 17th

By spragueoperati | September 18, 2020 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.042 on Thursday, September 17th

Thursday, September 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.183, eight cents below Wednesday’s closing price of $2.267.  Falling dramatically in the day’s opening hour, prices […]

OPEC+’s regularly scheduled monthly joint committee meeting sent oil prices skyrocketing on Thursday

By spragueoperati | September 18, 2020 | Comments Off on OPEC+’s regularly scheduled monthly joint committee meeting sent oil prices skyrocketing on Thursday

Recap: Strong words out of OPEC+’s regularly scheduled monthly joint committee meeting sent oil prices skyrocketing on Thursday, as its members reassured the oil industry that it was committed to […]

October NYMEX Natural Gas Futures Contract Closed at $2.267 on Wednesday, September 16th

By spragueoperati | September 17, 2020 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.267 on Wednesday, September 16th

Wednesday, September 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.333, three cents below Tuesday’s closing price of $2.362.  Trading slightly higher to record an intraday high […]

The EIA reported a 4.4 million barrel draw in U.S. crude oil inventories

By spragueoperati | September 17, 2020 | Comments Off on The EIA reported a 4.4 million barrel draw in U.S. crude oil inventories

Recap: Oil futures climbed more than 4% on Wednesday after the EIA reported a 4.4 million barrel draw in U.S. crude oil inventories, while Hurricane Sally curtailed production in the Gulf […]

October NYMEX Natural Gas Futures Contract Closed at $2.362 on Tuesday, September 15th

By spragueoperati | September 16, 2020 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.362 on Tuesday, September 15th

Tuesday, September 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.328, two cents above Monday’s closing price of $2.310.  Ascending from an intraday low of $2.304 near […]

The IEA lowered its 2020 outlook for demand by 200,000 barrel per day

By spragueoperati | September 16, 2020 | Comments Off on The IEA lowered its 2020 outlook for demand by 200,000 barrel per day

Recap: Oil futures rose on Tuesday, getting a boost from supply disruptions due to Hurricane Sally, which shut in more than a quarter of offshore crude production in the Gulf […]