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May NYMEX Natural Gas Futures Contract Closed at $1.783 on Wednesday, April 8th

By spragueoperati | April 9, 2020 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $1.783 on Wednesday, April 8th

Wednesday, April 8th saw the front-month NYMEX Natural Gas Futures Contract open at $1.842, a penny below Tuesday’s closing price of $1.852.  Continuing the three-day rally early on, prices rose […]

Crude oil inventories rose by a record 15.2 million barrels

By spragueoperati | April 9, 2020 | Comments Off on Crude oil inventories rose by a record 15.2 million barrels

Recap: Oil prices pared early gains of more than 10%, with Brent briefly trading in negative territory after the EIA released an overwhelmingly bearish U.S. inventory report. Crude oil inventories rose […]

May NYMEX Natural Gas MarketWatch 04.08.20

By spragueoperati | April 8, 2020 | Comments Off on May NYMEX Natural Gas MarketWatch 04.08.20

Tuesday, April 7th saw the front-month NYMEX Natural Gas Futures Contract open at $1.798, nearly seven cents above Monday’s closing price of $1.731.  Slipping to an intraday low of $1.785 […]

The EIA lowered its 2020 forecast for WTI and Brent prices

By spragueoperati | April 8, 2020 | Comments Off on The EIA lowered its 2020 forecast for WTI and Brent prices

Recap: Oil futures gave up early gains on Tuesday to settle lower, pressured after the EIA lowered its 2020 forecast for WTI and Brent prices and its outlook for domestic production […]

May NYMEX Natural Gas Futures Contract Closed at $1.731 on Monday, April 6th

By spragueoperati | April 7, 2020 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $1.731 on Monday, April 6th

Monday, April 6th saw the front-month NYMEX Natural Gas Futures Contract open at $1.666, four cents above Friday’s closing price of $1.621.  Continuing Friday’s momentum, prices surged early on to […]

WTI fell for the first time in 3 sessions

By spragueoperati | April 7, 2020 | Comments Off on WTI fell for the first time in 3 sessions

Recap: WTI fell for the first time in 3 sessions after a meeting by key producers was pushed back to Thursday, contributing to uncertainty in the market, as traders await […]

May NYMEX Natural Gas Futures Contract Closed at $1.621 on Friday, April 3rd

By spragueoperati | April 6, 2020 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $1.621 on Friday, April 3rd

Friday, April 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.550, nearly even to Thursday’s closing price of $1.552.  Recording an intraday low of $1.534 soon after […]

U.S. prices tallied a weekly gain of almost 32%

By spragueoperati | April 6, 2020 | Comments Off on U.S. prices tallied a weekly gain of almost 32%

Recap: Oil futures surged on Friday, with U.S. prices tallying a weekly gain of almost 32%. Prices extended their Thursday rally on growing expectations that major oil producers will reach an […]

May NYMEX Natural Gas Futures Contract Closed at $1.552 on Thursday, April 2nd

By spragueoperati | April 3, 2020 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $1.552 on Thursday, April 2nd

Thursday, April 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.578, a penny below Wednesday’s closing price of $1.587.  Ascending to an intraday high of $1.585 within […]

Oil price jumped on Thursday

By spragueoperati | April 3, 2020 | Comments Off on Oil price jumped on Thursday

Recap: Oil price jumped on Thursday after U.S. President Donald Trump tweeted that he had brokered a deal between Saudi Arabia and Russia that would take at least 10 million […]