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August NYMEX Natural Gas Futures Contract Closed at $1.824 on Wednesday, July 8th

By spragueoperati | July 9, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.824 on Wednesday, July 8th

Wednesday, July 8th saw the front-month NYMEX Natural Gas Futures Contract open at $1.838, four cents below Tuesday’s closing price of $1.876.  Ascending to an intraday high of $1.859 three […]

Oil futures finished at their highest level since March on Wednesday

By spragueoperati | July 9, 2020 | Comments Off on Oil futures finished at their highest level since March on Wednesday

Recap: Oil futures finished at their highest level since March on Wednesday, as U.S. gasoline consumption showed signs of a recovery, but gains were limited due to the rise in […]

August NYMEX Natural Gas Futures Contract Closed at $1.876 on Tuesday, July 7th

By spragueoperati | July 8, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.876 on Tuesday, July 7th

Tuesday, July 7th saw the front-month NYMEX Natural Gas Futures Contract open at $1.864, three cents above Monday’s closing price of $1.830.  Climbing from an intraday low of $1.863 minutes […]

The EIA reported that it raised its 2020 world oil demand growth forecast by 190,000 bpd to 8.15 million bpd

By spragueoperati | July 8, 2020 | Comments Off on The EIA reported that it raised its 2020 world oil demand growth forecast by 190,000 bpd to 8.15 million bpd

Recap: Oil prices ended lower on Tuesday, as the uptick in the number of coronavirus cases and its impact on demand continues to weigh on trader’s minds. In early trading, the […]

August NYMEX Natural Gas Futures Contract Closed at $1.830 on Monday, July 6th

By spragueoperati | July 7, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.830 on Monday, July 6th

Monday, July 6th saw the front-month NYMEX Natural Gas Futures Contract open at $1.804, seven cents above Thursday’s closing price of $1.734.  Climbing to an intraday high of $1.836 by […]

Oil futures settled mixed on Monday

By spragueoperati | July 7, 2020 | Comments Off on Oil futures settled mixed on Monday

Recap: Oil futures settled mixed on Monday, with U.S. prices pressured by the increase in the number of Covid19 cases, while Brent held firm after Saudi Arabia raised its prices amid […]

August NYMEX Natural Gas Futures Contract Closed at $1.734 on Thursday, July 2nd

By spragueoperati | July 6, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.734 on Thursday, July 2nd

Thursday, July 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.694, two cents above Wednesday’s closing price of $1.671.  Edging higher to reach toward the $1.700 level […]

Both WTI and Brent futures on Thursday marked their highest settlements since March 6

By spragueoperati | July 6, 2020 | Comments Off on Both WTI and Brent futures on Thursday marked their highest settlements since March 6

Recap: Oil futures settled higher on Thursday, supported by the robust decline in last week’s U.S. crude oil inventories and a fall in U.S. unemployment during the month of June, […]

August NYMEX Natural Gas Futures Contract Closed at $1.671 on Wednesday, July 1st

By spragueoperati | July 2, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.671 on Wednesday, July 1st

Wednesday, July 1st saw the front-month NYMEX Natural Gas Futures Contract open at $1.677, seven cents below Tuesday’s closing price of $1.751.  Surging to an intraday high of $1.722 at […]

The oil market kicked off the start of the month and quarter by posting an up day across the board

By spragueoperati | July 2, 2020 | Comments Off on The oil market kicked off the start of the month and quarter by posting an up day across the board

Recap: The oil market kicked off the start of the month and quarter by posting an up day across the board. But what was surprising was this market established the […]