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Oil prices fell dramatically on Thursday

By spragueoperati | August 2, 2019 | Comments Off on Oil prices fell dramatically on Thursday

Recap: Oil prices fell dramatically on Thursday after U.S. President Donald Trump threatened new tariffs on Chinese imports starting September 1. Prices, which were already experiencing their first loss in six […]

September NYMEX Natural Gas Futures Contract Closed at $2.202 on Thursday, August 1st

By spragueoperati | August 2, 2019 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.202 on Thursday, August 1st

Thursday, August 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.317, eight cents above Wednesday’s closing price of $2.233.  Marking an intraday high of $2.318 out of […]

The EIA reported that U.S. crude oil inventories fell 8.5 million barrels

By spragueoperati | August 1, 2019 | Comments Off on The EIA reported that U.S. crude oil inventories fell 8.5 million barrels

Recap: Oil prices rose for the fifth straight session, gaining support from the larger than expected inventory draw in U.S. crude oil stockpiles. According to the EIA, U.S. crude oil […]

September NYMEX Natural Gas Futures Contract Closed at $2.233 on Wednesday, July 31st

By spragueoperati | August 1, 2019 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.233 on Wednesday, July 31st

Wednesday, July 31st saw the front-month NYMEX Natural Gas Futures Contract open at $2.187, five cents above Tuesday’s closing price of $2.137.  Ascending from the intraday low of $2.177 within […]

Oil prices rose for a fourth day on Tuesday

By spragueoperati | July 31, 2019 | Comments Off on Oil prices rose for a fourth day on Tuesday

Recap: Oil prices rose for a fourth day on Tuesday on optimism the U.S. Federal Reserve will this week cut interest rates for the first time in more than 10 […]

September NYMEX Natural Gas Futures Contract Closed at $2.137 on Tuesday, July 30th

By spragueoperati | July 31, 2019 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.137 on Tuesday, July 30th

On Tuesday, July 30th – the September NYMEX Natural Gas Futures Contract began trading as the prompt month. Opening at $2.128, a penny above Monday’s closing price of $2.116, prices […]

WTI and Brent rose above their respective 10-day moving averages for the first time in almost 2 weeks

By spragueoperati | July 30, 2019 | Comments Off on WTI and Brent rose above their respective 10-day moving averages for the first time in almost 2 weeks

Recap: Oil futures ended higher Monday, with analysts tying support to the planned resumption of trade talks between the U.S. and China as well as expectations the Federal Reserve will […]

August NYMEX Natural Gas Futures Contract Closed at $2.116 on Monday, July 29th

By spragueoperati | July 30, 2019 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.116 on Monday, July 29th

On Monday, July 29th – settlement day for the August contract – the front-month NYMEX Natural Gas Futures Contract open at $2.162, slightly below Friday’s closing price of $2.169.  Tallying […]

Oil prices were supported by tensions in the Middle East and last week’s EIA report

By spragueoperati | July 29, 2019 | Comments Off on Oil prices were supported by tensions in the Middle East and last week’s EIA report

Recap: Oil prices were pushed higher on Friday, supported by tensions in the Middle East and last week’s EIA report, which indicated U.S. crude oil inventories decreased by 10.4 million […]

August NYMEX Natural Gas Futures Contract Closed at $2.169 on Friday, July 26th

By spragueoperati | July 29, 2019 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.169 on Friday, July 26th

Friday, July 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.198, more than four cents below Thursday’s closing price of $2.244.  Reaching up to an intraday high […]