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September NYMEX Natural Gas Futures Contract Closed at $2.152 on Wednesday, August 12th

By spragueoperati | August 13, 2020 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.152 on Wednesday, August 12th

Wednesday, August 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.137, nearly four cents Tuesday’s closing price of $2.171.  Slipping to an intraday low of $2.085 by […]

Fuel demand rose to 19.37 million b/d last week

By spragueoperati | August 13, 2020 | Comments Off on Fuel demand rose to 19.37 million b/d last week

Recap: The oil markets finished higher Wednesday, led by the gasoline market which finished up 3.3% followed by a 2.5% and a 1.5% gain recorded respectively in crude oil and […]

September NYMEX Natural Gas Futures Contract Closed at $2.171 on Tuesday, August 11th

By spragueoperati | August 12, 2020 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.171 on Tuesday, August 11th

Tuesday, August 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.163, a penny above Monday’s closing price of $2.153.  Ascending to an intraday high of $2.201 shortly […]

The EIA reported that U.S. crude oil production is expected to fall by 990,000 bpd in 2020

By spragueoperati | August 12, 2020 | Comments Off on The EIA reported that U.S. crude oil production is expected to fall by 990,000 bpd in 2020

Recap: The oil markets over night and early this morning were supported by the news that Russia claimed it was the first country to grant regulatory approval to a COVID-19 […]

September NYMEX Natural Gas Futures Contract Closed at $2.153 on Monday, August 10th

By spragueoperati | August 11, 2020 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.153 on Monday, August 10th

Monday, August 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.212, two cents below Thursday’s closing price of $2.238.  Ascending to an intraday high of $2.223 by […]

Oil markets finished the day higher finding support from positive economic news

By spragueoperati | August 11, 2020 | Comments Off on Oil markets finished the day higher finding support from positive economic news

Recap: Like most commodity and equity markets today, the oil markets finished the day higher finding support from positive economic news coming out of China earlier in the day, as […]

September NYMEX Natural Gas Futures Contract Closed at $2.238 on Friday August 7th

By spragueoperati | August 10, 2020 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.238 on Friday August 7th

Friday, August 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.191, three cents above Thursday’s closing price of $2.165.  Seeking direction early on as the contract traded […]

A better than expected U.S. jobs report and a stronger dollar were not enough to hold up prices

By spragueoperati | August 10, 2020 | Comments Off on A better than expected U.S. jobs report and a stronger dollar were not enough to hold up prices

Recap: Oil futures traded lower on Friday as tensions between the U.S. and China heated after President Trump imposed a ban on dealings with the owners of TikTok and WeChat, […]

September NYMEX Natural Gas Futures Contract Closed at $2.165 on Thursday, August 6th

By spragueoperati | August 7, 2020 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.165 on Thursday, August 6th

Thursday, August 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.243, five cents above Wednesday’s closing price of $2.191.  Achieving an intraday high of $2.284 by 9:20AM, […]

Oil prices were mixed for most of the session on Thursday

By spragueoperati | August 7, 2020 | Comments Off on Oil prices were mixed for most of the session on Thursday

Recap: Oil prices were mixed for most of the session on Thursday, but managed to hover near five-month highs, gaining support from a weak dollar, and Iraq’s planned production cuts, as […]