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The market was supported by increasing expectations of deeper output cuts from and OPEC and its allies

By spragueoperati | December 4, 2019 | Comments Off on The market was supported by increasing expectations of deeper output cuts from and OPEC and its allies

Recap: The oil market on Tuesday posted an outside trading day but continued to trade within Friday’s trading range as it traded in and out of positive territory.  The market was […]

January NYMEX Natural Gas Futures Contract Closed at $2.329 on Monday, December 2nd

By spragueoperati | December 3, 2019 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $2.329 on Monday, December 2nd

Monday, December 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.343, six cents above Friday’s closing price of $2.281.  Tumbling to the $2.300 level on Friday as […]

Oil prices rose after signs of a rebound in manufacturing activity in China

By spragueoperati | December 3, 2019 | Comments Off on Oil prices rose after signs of a rebound in manufacturing activity in China

Recap:  Oil futures rose Monday, buoyed after signs of a rebound in manufacturing activity in China as well as the potential for OPEC and its allies to agree on deeper […]

January NYMEX Natural Gas Futures Contract Closed at $2.501 on Wednesday, November 27th

By spragueoperati | December 2, 2019 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $2.501 on Wednesday, November 27th

On Wednesday, November 27th – the January NYMEX Natural Gas Futures Contract began trading as the prompt month.  Opening at $2.530, just below Tuesday’s closing price of $2.533, the contract […]

Oil prices moved lower ate 1.6 million barrel rise in U

By spragueoperati | December 2, 2019 | Comments Off on Oil prices moved lower ate 1.6 million barrel rise in U

Recap: Oil prices turned lower Wednesday after official U.S. inventory data posted a 1.6 million barrel rise in U.S. crude oil stockpiles, which defied analyst predictions for a drawdown. Earlier, oil […]

December NYMEX Natural Gas Futures Contract Closed at $2.533 on Tuesday, November 26th

By spragueoperati | November 27, 2019 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.533 on Tuesday, November 26th

Tuesday, November 26th – settlement day for the December Contract – saw the front-month NYMEX Natural Gas Futures Contract open at $2.460, seven cents below Monday’s closing price of $2.531.  […]

Oil prices edged higher on Tuesday

By spragueoperati | November 27, 2019 | Comments Off on Oil prices edged higher on Tuesday

Recap: Oil prices edged higher Tuesday amid hopes that trade talks between China and the U.S. will ultimately result in a deal that sustains global economic growth and energy demand while […]

December NYMEX Natural Gas Futures Contract Closed at $2.531 on Monday, November 25th

By spragueoperati | November 26, 2019 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.531 on Monday, November 25th

Monday, November 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.527, fourteen cents below Friday’s closing price of $2.665.  Tripping out of the gate to fall to […]

US National Security Adviser, Robert O’Brien, said that an initial trade agreement with China was still possible by the end of the year

By spragueoperati | November 26, 2019 | Comments Off on US National Security Adviser, Robert O’Brien, said that an initial trade agreement with China was still possible by the end of the year

Recap: The oil market traded higher on Monday as positive comments from the US and China renewed hopes in the global markets that the two countries could sign an interim deal […]

December NYMEX Natural Gas Futures Contract Closed at $2.665 on Friday, November 22nd

By spragueoperati | November 25, 2019 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $2.665 on Friday, November 22nd

Friday, November 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.613, roughly five cents above Thursday’s closing price of $2.567.  Climbing from an intraday low of $2.607 […]