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June NYMEX Natural Gas Futures Contract Closed at $1.771 on Wednesday, May 20th

By spragueoperati | May 21, 2020 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $1.771 on Wednesday, May 20th

Wednesday, May 20th saw the front-month NYMEX Natural Gas Futures Contract open at $1.877, nearly five cents above Tuesday’s closing price of $1.830.  Extending to an intraday high of $1.889 […]

The EIA reported U.S. crude oil inventories fell by 5 million barrels for the week ending May 15

By spragueoperati | May 21, 2020 | Comments Off on The EIA reported U.S. crude oil inventories fell by 5 million barrels for the week ending May 15

Recap: Oil futures climbed to their highest level in 10 weeks after the EIA reported U.S. crude oil inventories fell by 5 million barrels for the week ending May 15, […]

June NYMEX Natural Gas Futures Contract Closed at $1.830 on Tuesday, May 19th

By spragueoperati | May 20, 2020 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $1.830 on Tuesday, May 19th

Tuesday, May 19th saw the front-month NYMEX Natural Gas Futures Contract open at $1.837, five cents above Monday’s closing price of $1.783.  Volatile trading took hold throughout the morning, balancing […]

Oil prices gained early in the session due to production cuts and signs of increasing demand

By spragueoperati | May 20, 2020 | Comments Off on Oil prices gained early in the session due to production cuts and signs of increasing demand

Recap: WTI settled higher on Tuesday as the June contract expired, with prices getting a boost from global production cuts, as demand improves. Oil prices gained early in the session due […]

June NYMEX Natural Gas Futures Contract Closed at $1.783 on Monday, May 18th

By spragueoperati | May 19, 2020 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $1.783 on Monday, May 18th

Monday, May 18th saw the front-month NYMEX Natural Gas Futures Contract open at $1.742, nearly ten cents above Friday’s closing price of $1.646.  Tallying an intraday low of $1.741 as […]

Crude oil prices surged to a two-month high on Monday

By spragueoperati | May 19, 2020 | Comments Off on Crude oil prices surged to a two-month high on Monday

Recap: Crude oil prices surged to a two-month high on Monday, with June WTI trading at a high of $33.32, the highest level a spot contract traded since March 16. […]

The number of US oil and natural gas rigs operating fell to an all-time low for a second consecutive week

By spragueoperati | May 18, 2020 | Comments Off on The number of US oil and natural gas rigs operating fell to an all-time low for a second consecutive week

Recap: WTI traded higher on Friday, following through to the upside after yesterday’s strong gains, as data showed demand for crude picking up in China after the easing of curbs […]

June NYMEX Natural Gas Futures Contract Closed at $1.681 on Thursday, May 14th

By spragueoperati | May 15, 2020 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $1.681 on Thursday, May 14th

Thursday, May 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.631, nearly two cents above Wednesday’s closing price of $1.616.  Slipping to an intraday low of $1.617 […]

WTI rose to its highest level in six weeks

By spragueoperati | May 15, 2020 | Comments Off on WTI rose to its highest level in six weeks

Recap: WTI rose to its highest level in six weeks, on the back of recent pledges by OPEC and its allies to cut output, a surprise fall in U.S. crude […]

June NYMEX Natural Gas Futures Contract Closed at $1.616 on Wednesday, May 13th

By spragueoperati | May 14, 2020 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $1.616 on Wednesday, May 13th

Wednesday, May 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.716, just below Tuesday’s closing price of $1.720.  Reaching an intraday high of $1.726 within minutes of […]