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December NYMEX Natural Gas Futures Contract Closed at $2.995 on Friday, November 13th

By spragueoperati | November 16, 2020 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.995 on Friday, November 13th

Friday, November 13th saw the front-month NYMEX Natural Gas Futures Contract open at $3.023, five cents above Thursday’s closing price $2.976.  Ascending to an intraday high of $3.087 within minutes […]

The oil market on Friday fell for the second consecutive session

By spragueoperati | November 16, 2020 | Comments Off on The oil market on Friday fell for the second consecutive session

Recap: The oil market on Friday fell for the second consecutive session, pressured by increasing output from Libya and the concerns that the increasing coronavirus infections may slow a recovery […]

November NYMEX Natural Gas Futures Contract Closed at $2.976 on Thursday, November 12th

By spragueoperati | November 13, 2020 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.976 on Thursday, November 12th

Thursday, November 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.999, three cents below Wednesday’s closing price $3.031.  Churning higher throughout the morning, it achieved an intraday […]

Oil futures were pressured by the unexpected increase in U.S. crude oil inventories

By spragueoperati | November 13, 2020 | Comments Off on Oil futures were pressured by the unexpected increase in U.S. crude oil inventories

Recap: Oil futures fell on Thursday, pressured by the unexpected increase in U.S. crude oil inventories and lower demand expectations due to the spread of COVID-19. Prices had traded higher […]

December NYMEX Natural Gas Futures Contract Closed at $3.031 on Wednesday, November 11th

By spragueoperati | November 12, 2020 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $3.031 on Wednesday, November 11th

Wednesday, November 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.939, a penny below Tuesday’s closing price $2.949.  Climbing to $2.988 by 9:30AM, the contract traded along […]

API inventory numbers showed a 5.1 million barrel draw in U.S. crude oil stockpiles.

By spragueoperati | November 12, 2020 | Comments Off on API inventory numbers showed a 5.1 million barrel draw in U.S. crude oil stockpiles.

Recap: For the first time since the beginning of September, WTI tested the $43 level, while Brent touched above $45, as traders continued to react to the possibility of a […]

December NYMEX Natural Gas Futures Contract Closed at $2.949 on Tuesday, November 10th

By spragueoperati | November 11, 2020 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.949 on Tuesday, November 10th

Tuesday, November 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.895, four cents above Monday’s closing price $2.859.  Slipping to an intraday low of $2.855 soon after […]

Oil prices continued to post gains on Tuesday

By spragueoperati | November 11, 2020 | Comments Off on Oil prices continued to post gains on Tuesday

Recap: Oil prices continued to post gains on Tuesday, as hopes that a coronavirus vaccine could be available as early as the end of the year and that the negative […]

December NYMEX Natural Gas Futures Contract Closed at $2.859 on Monday, November 9th

By spragueoperati | November 10, 2020 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.859 on Monday, November 9th

Monday, November 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.887, nearly even to Friday’s closing price $2.888.  Extending to an intraday high of $2.913 within minutes […]

Oil prices experienced their largest daily gain in more than five months

By spragueoperati | November 10, 2020 | Comments Off on Oil prices experienced their largest daily gain in more than five months

Recap: Oil prices experienced their largest daily gain in more than five months, after Pfizer, a multinational pharmaceutical corporation and one of the world's largest pharmaceutical companies, announced promising results […]