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December NYMEX Natural Gas Futures Contract Closed at $2.650 on Friday, November 20th

By spragueoperati | November 23, 2020 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.650 on Friday, November 20th

Friday, November 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.657, six cents above Thursday’s closing price $2.592.  In a relatively quiet day, prices traded within two […]

Oil prices rose for the third straight week

By spragueoperati | November 23, 2020 | Comments Off on Oil prices rose for the third straight week

Recap: Oil prices rose for the third straight week with WTI settling above $42 a barrel for the first time since the beginning of September, and Brent barely missing the […]

December NYMEX Natural Gas Futures Contract Closed at $2.592 on Thursday, November 19th

By spragueoperati | November 20, 2020 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.592 on Thursday, November 19th

Thursday, November 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.568, fifteen cents below Wednesday’s closing price $2.712.  Trading near $2.550 through 10:00AM, prices briefly rose to […]

Oil futures traded modestly lower on Thursday

By spragueoperati | November 20, 2020 | Comments Off on Oil futures traded modestly lower on Thursday

Recap: Oil futures traded modestly lower on Thursday, as the coronavirus situation in the U.S. worsens, and new restrictions are imposed. While concern about the number of new COVID-19 cases […]

December NYMEX Natural Gas Futures Contract Closed at $2.712 on Wednesday, November 18th

By spragueoperati | November 19, 2020 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.712 on Wednesday, November 18th

Wednesday, November 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.743, five cents above Tuesday’s closing price $2.692.  Trading within two cents of $2.730 through 11:00, the […]

The market was also supported by a smaller than expected increase in U.S. crude oil inventories

By spragueoperati | November 19, 2020 | Comments Off on The market was also supported by a smaller than expected increase in U.S. crude oil inventories

Recap: Oil futures traded higher on Wednesday, on vaccine related optimism and hopes that OPEC would delay plans to increase output. The market was also supported by a smaller than […]

December NYMEX Natural Gas Futures Contract Closed at $2.692 on Tuesday, November 17th

By spragueoperati | November 18, 2020 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.692 on Tuesday, November 17th

Tuesday, November 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.707, a penny above Monday’s closing price $2.697.  Trading along either side of $2.700 through 11:00AM, tallying […]

Oil prices peeled back recent gains Tuesday on signs of exhaustion

By spragueoperati | November 18, 2020 | Comments Off on Oil prices peeled back recent gains Tuesday on signs of exhaustion

Recap: Oil prices peeled back recent gains Tuesday on signs of exhaustion as the rising number of coronavirus cases overshadowed hopes for a vaccine. The short term economic outlook remains cloudy […]

December NYMEX Natural Gas Futures Contract Closed at $2.697 on Monday, November 16th

By spragueoperati | November 17, 2020 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.697 on Monday, November 16th

Monday, November 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.840, fifteen cents below Friday’s closing price $2.995.  Peaking at an intraday high of $2.841 within minutes […]

A report showed China’s crude oil throughput rose 2.6% in October

By spragueoperati | November 17, 2020 | Comments Off on A report showed China’s crude oil throughput rose 2.6% in October

Recap: Oil futures traded higher in overnight trading, spurred by a report that showed China’s crude oil throughput rose 2.6% in October from a year earlier to its highest-ever level […]