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Both WTI and Brent suffered a loss of more than 7%

By spragueoperati | March 13, 2020 | Comments Off on Both WTI and Brent suffered a loss of more than 7%

Recap: Oil futures finished sharply lower Thursday, with both WTI and Brent suffering a loss of more than 7%, after President Donald Trump imposed restrictions on travel from Europe to the […]

April NYMEX Natural Gas Futures Contract Closed at $1.878 on Wednesday, March 11th

By spragueoperati | March 12, 2020 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.878 on Wednesday, March 11th

Wednesday, March 10th saw the front-month NYMEX Natural Gas Futures Contract open at $1.936, even with Tuesday’s closing price of $1.936.  Breaking out early on, as those who shorted the […]

Oil futures ended lower on Wednesday

By spragueoperati | March 12, 2020 | Comments Off on Oil futures ended lower on Wednesday

Recap: Oil futures ended lower on Wednesday, pressured by U.S. government data reporting domestic crude supplies rose for a seventh week in a row, and by Saudi Arabia’s move to […]

April NYMEX Natural Gas Futures Contract Closed at $1.936 on Tuesday, March 10th

By spragueoperati | March 11, 2020 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.936 on Tuesday, March 10th

Tuesday, March 10th saw the front-month NYMEX Natural Gas Futures Contract open at $1.849, seven cents above Monday’s closing price of $1.778.  Climbing from an intraday low of $1.834 at […]

Oil prices jumped by more than 7% on Tuesday

By spragueoperati | March 11, 2020 | Comments Off on Oil prices jumped by more than 7% on Tuesday

Recap: Oil prices jumped by more than 7% on Tuesday, recovering from the biggest rout in nearly 30 years a day earlier, as the possibility of economic stimulus encouraged buying, and […]

April NYMEX Natural Gas Futures Contract Closed at $1.778 on Monday, March 9th

By spragueoperati | March 10, 2020 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.778 on Monday, March 9th

Monday, March 9th saw the front-month NYMEX Natural Gas Futures Contract open at $1.653, five cents below Friday’s closing price of $1.708.  Opening at a fresh multi-year intraday low, prices […]

Oil futures plunged to a four-year low Monday

By spragueoperati | March 10, 2020 | Comments Off on Oil futures plunged to a four-year low Monday

Recap: Oil futures plunged to a four-year low Monday, suffering their biggest one-day drop since the Gulf War in 1991 as OPEC and Russia appear headed for an all-out price […]

April NYMEX Natural Gas Futures Contract Closed at $1.708 on Friday, March 6th

By spragueoperati | March 9, 2020 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.708 on Friday, March 6th

Friday, March 6th saw the front-month NYMEX Natural Gas Futures Contract open at $1.745, three cents below Thursday’s closing price of $1.772.  Extending to an intraday high of $1.761 within […]

Oil prices fell more than 8% on Friday

By spragueoperati | March 9, 2020 | Comments Off on Oil prices fell more than 8% on Friday

Recap: Oil prices fell more than 8% on Friday, to their lowest level in 3 years, on reports that Russia refused to support OPEC’s plan to further reduce output. Russia […]

April NYMEX Natural Gas Futures Contract Closed at $1.772 on Thursday, March 5th

By spragueoperati | March 6, 2020 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.772 on Thursday, March 5th

Thursday, March 5th saw the front-month NYMEX Natural Gas Futures Contract open at $1.816, a penny below Wednesday’s closing price of $1.827.  Ascending to an intraday high of $1.823 by […]