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March NYMEX Natural Gas Futures Contract Closed at $1.766 on Monday, February 10th

By spragueoperati | February 11, 2020 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $1.766 on Monday, February 10th

Monday, February 10th saw the front-month NYMEX Natural Gas Futures Contract open at $1.778, eight cents below Friday’s closing price of $1.858.  Trading modestly higher in the day’s opening ninety […]

Oil has dropped over 25% from a peak in January

By spragueoperati | February 11, 2020 | Comments Off on Oil has dropped over 25% from a peak in January

Recap: Oil prices continued their downward spiral on Monday as the spread of the coronavirus took yet another bite out of demand amid indications OPEC and its allies are unlikely to […]

Oil prices fell on Friday, marking the fifth straight week of declines

By spragueoperati | February 10, 2020 | Comments Off on Oil prices fell on Friday, marking the fifth straight week of declines

Recap:  Oil prices slipped on Friday, marking the fifth straight week of declines, as the spread of the coronavirus continued to spread fear over a slowdown in demand. Prices were […]

March NYMEX Natural Gas Futures Contract Closed at $1.858 on Friday, February 7th

By spragueoperati | February 10, 2020 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $1.858 on Friday, February 7th

Friday, February 7th saw the front-month NYMEX Natural Gas Futures Contract open at $1.858, just below Thursday’s closing price of $1.862.  Reaching as high as $1.894 by 9:15AM, prices extended […]

OPEC and Russia gave mixed signals in regard to additional output cuts

By spragueoperati | February 7, 2020 | Comments Off on OPEC and Russia gave mixed signals in regard to additional output cuts

Recap: Trading was mostly mixed on Thursday, with oil prices giving up early gains, as OPEC and Russia gave mixed signals in regard to additional output cuts and as the coronavirus […]

March NYMEX natural Gas Futures Contract Closed at $1.861 on Wednesday, February 5th

By spragueoperati | February 6, 2020 | Comments Off on March NYMEX natural Gas Futures Contract Closed at $1.861 on Wednesday, February 5th

Wednesday, February 5th saw the front-month NYMEX Natural Gas Futures Contract open at $1.833, four cents above Tuesday’s closing price of $1.872.  Trickling down to an intraday low of $1.825 […]

Oil prices were off to their best day of 2020

By spragueoperati | February 6, 2020 | Comments Off on Oil prices were off to their best day of 2020

Recap: Oil prices rose Wednesday, reversing course from their steady drop to start the year in a move that some traders attributed to unconfirmed media reports that a Chinese university found […]

March NYMEX Natural Gas Futures Contract Closed at $1.872 on Tuesday, February 4th

By spragueoperati | February 5, 2020 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $1.872 on Tuesday, February 4th

Tuesday, February 4th saw the front-month NYMEX Natural Gas Futures Contract open at $1.834, nearly two cents above Monday’s closing price of $1.819.  Recording an intraday low of $1.827 soon […]

OPEC and its allies considered deeper production cuts

By spragueoperati | February 5, 2020 | Comments Off on OPEC and its allies considered deeper production cuts

Recap: Oil futures gave up earlier gains to finish with a loss on Tuesday, with U.S. prices below $50 a barrel for the first time in more than a year, as […]

March NYMEX Natural Gas Futures Contract Closed at $1.819 on Monday, February 3rd

By spragueoperati | February 4, 2020 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $1.819 on Monday, February 3rd

Monday, February 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.854, roughly a penny above Friday’s closing price of $1.841.  Tallying an intraday high of $1.855 soon […]