Search Results

A weekend drone attack damaged 2 of Saudi Arabia’s state owned oil facilities

By spragueoperati | September 17, 2019 | Comments Off on A weekend drone attack damaged 2 of Saudi Arabia’s state owned oil facilities

Recap: Oil prices spiked on Monday after a weekend drone attack damaged 2 of Saudi Arabia’s state owned oil facilities which account for nearly 10 million barrels of the country’s crude […]

October NYMEX Natural Gas Futures Contract Closed at $2.614 on Friday, September 13th

By spragueoperati | September 16, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.614 on Friday, September 13th

Friday, September 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.573, nearly even to Thursday’s closing price of $2.574.  Ascending to $2.594 at 9:30AM only to fall […]

WTI and Brent posted sizable weekly falls

By spragueoperati | September 16, 2019 | Comments Off on WTI and Brent posted sizable weekly falls

Recap: Oil futures finished lower on Friday, with both WTI and Brent posting sizable weekly falls as worries about a slowing global economy amidst the prospect of rising inventories overshadowed hints […]

October NYMEX Natural Gas Futures Contract Closed at $2.574 on Thursday, September 12th

By spragueoperati | September 13, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.574 on Thursday, September 12th

Thursday, September 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.529, two cents below Wednesday’s closing price of $2.552. Jumping to $2.550 as markets opened only to […]

A meeting of OPEC and its allies ended without deeper cuts in output

By spragueoperati | September 13, 2019 | Comments Off on A meeting of OPEC and its allies ended without deeper cuts in output

Recap: Oil prices ended lower on Thursday, marking the third straight selloff, as a meeting of OPEC and its allies ended without deeper cuts in output, but with a pledge […]

October NYMEX Natural Gas Futures Contract Closed at $2.552 on Wednesday, September 11th

By spragueoperati | September 12, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.552 on Wednesday, September 11th

Wednesday, September 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.542, four cents below Tuesday’s closing price of $2.580. Searching for direction early on, prices rose above […]

Oil prices fell due to a report that President Trump is considering easing sanctions on Iran

By spragueoperati | September 12, 2019 | Comments Off on Oil prices fell due to a report that President Trump is considering easing sanctions on Iran

Recap: Oil prices fell more than 2% on Wednesday after a report that President Trump is considering easing sanctions on Iran, which could increase global crude oil supplies. A weaker demand […]

October NYMEX Natural Gas Futures Contract Closed at $2.580 on Tuesday, September 10th

By spragueoperati | September 11, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.580 on Tuesday, September 10th

Tuesday, September 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.642, six cents above Monday’s closing price of $2.585.  Extending to reach another multi-month intraday high of […]

The EIA cut its U.S. and global benchmark crude-price

By spragueoperati | September 11, 2019 | Comments Off on The EIA cut its U.S. and global benchmark crude-price

Recap: U.S. oil futures turned lower Tuesday, as traders bet that the departure of U.S. National Security Adviser John Bolton will ease tensions with Iran, potentially leading to the lifting […]

October NYMEX Natural Gas Futures Contract Closed at $2.585 on Monday, September 9th

By spragueoperati | September 10, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.585 on Monday, September 9th

Monday, September 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.520, two cents above Friday’s closing price of $2.496.  Posting a similar pattern to Friday’s activity, prices […]