Search Results

Oil prices rose after EIA inventory report showed a significant drop in crude oil stockpiles

By spragueoperati | August 29, 2019 | Comments Off on Oil prices rose after EIA inventory report showed a significant drop in crude oil stockpiles

Recap: Oil prices rocketed more than 3% on Wednesday after the EIA inventory report indicated that U.S. crude oil stockpiles fell by 10 million barrels during the week ending August […]

October NYMEX Natural Gas Futures Contract Closed at $2.222 on Wednesday, August 28th

By spragueoperati | August 29, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.222 on Wednesday, August 28th

On Wednesday, August 28th – settlement day for the September contract – the front-month NYMEX Natural Gas Futures Contract opened at $2.235, three cents above Tuesday’s closing price of $2.202. […]

September NYMEX Natural Gas Futures Contract Closed at $2.202 on Tuesday, August 27th

By spragueoperati | August 28, 2019 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.202 on Tuesday, August 27th

Tuesday, August 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.208, two cents below Monday’s closing price of $2.230. Falling to an intraday low of $2.175 by […]

Both WTI and Brent opened the session trading higher on the day

By spragueoperati | August 28, 2019 | Comments Off on Both WTI and Brent opened the session trading higher on the day

Recap: Oil prices rebounded on Tuesday, finding support on calming U.S.-China trade-war fears and as prospects for a deal that would allow Iran to resume some of its crude exports […]

September NYMEX Natural Gas Futures Contract Closed at $2.230 on Monday, August 26th

By spragueoperati | August 27, 2019 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.230 on Monday, August 26th

Monday, August 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.191, four cents above Friday’s closing price of $2.152. Rising from an intraday low of $2.190 soon […]

Losses were limited by growing hopes that the U.S. and China could meet a trade deal that would be satisfactory to both countries

By spragueoperati | August 27, 2019 | Comments Off on Losses were limited by growing hopes that the U.S. and China could meet a trade deal that would be satisfactory to both countries

Recap:  Oil prices gave up early gains to trade mostly lower on Monday after France’s president boosted hopes that a deal between the U.S. and Iran could be struck however; […]

September NYMEX Natural Gas Futures Contract Closed at $2.152 on Friday, August 23rd

By spragueoperati | August 26, 2019 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.152 on Friday, August 23rd

Friday, August 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.128, three cents below Thursday’s closing price of $2.159.  Rising from an intraday low of $2.120 soon […]

China announced plans for retaliatory import tariffs on about $75 billion worth of U.S. goods

By spragueoperati | August 26, 2019 | Comments Off on China announced plans for retaliatory import tariffs on about $75 billion worth of U.S. goods

Recap: Oil prices fell on Friday after China announced plans for retaliatory import tariffs on about $75 billion worth of U.S. goods, including crude oil. This put U.S. oil prices on […]

September NYMEX Natural Gas Futures Contract Closed at $2.159 on Thursday, August 22nd

By spragueoperati | August 23, 2019 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.159 on Thursday, August 22nd

Thursday, August 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.176, just above Wednesday’s closing price of $2.170. Fluctuating along either side of $2.175 through 10:30AM, prices […]

The EIA report showed a 2.7 million barrel decrease

By spragueoperati | August 23, 2019 | Comments Off on The EIA report showed a 2.7 million barrel decrease

Recap: Oil prices weakened on Thursday, pressured by worries about the global economy and lower equity markets, as uncertainty over the outlook for U.S. interest rate cuts left investors on […]