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OPEC indicated that it would most likely stick to current production cuts

By spragueoperati | May 21, 2019 | Comments Off on OPEC indicated that it would most likely stick to current production cuts

Recap: After trading at their highest level in almost 3 weeks, oil prices eased on Monday as OPEC indicated it would most likely stick to current production cuts. June WTI […]

June NYMEX Natural Gas Futures Contract Closed at $2.673 on Monday, May 20th

By spragueoperati | May 21, 2019 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.673 on Monday, May 20th

Monday, May 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.686, more than three cents above Friday’s closing price of $2.631.  Building upon Friday’s weather-induced ascent, prices […]

Oil prices traded mostly flat in what was a volatile session

By spragueoperati | May 20, 2019 | Comments Off on Oil prices traded mostly flat in what was a volatile session

Recap: After moving higher in overnight trading on Friday, oil prices traded mostly flat in what was a volatile session.  In early trading, July Brent was up 61 cents at […]

June NYMEX Natural Gas Futures Contract Closed at $2.631 on Friday, May 17th

By spragueoperati | May 20, 2019 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.631 on Friday, May 17th

Friday, May 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.643, just above Thursday’s closing price of $2.639.  Fluctuating within a wide range through the morning hours, […]

Oil prices climbed for the third straight session on Thursday

By spragueoperati | May 17, 2019 | Comments Off on Oil prices climbed for the third straight session on Thursday

Recap: Oil prices climbed for the third straight session on Thursday, as tensions in the Mid-East heated after a Saudi-led coalition launched air strikes on Iranian aligned Houthi forces in […]

June NYMEX Natural Gas Futures Contract Closed at $2.639 on Thursday, May 16th

By spragueoperati | May 17, 2019 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.639 on Thursday, May 16th

Thursday, May 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.605, just above Wednesday’s closing price of $2.601.  Following the previous session’s weather and technical trading –induced […]

June NYMEX Natural Gas Futures Contract Closed at $2.601 on Wednesday, May 15th

By spragueoperati | May 16, 2019 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.601 on Wednesday, May 15th

Wednesday, May 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.654, slightly below Tuesday’s closing price of $2.659.  Tallying an intraday high of $2.655 out of the […]

The EIA reported a 5.4 million barrel decrease in U.S. crude oil inventories

By spragueoperati | May 16, 2019 | Comments Off on The EIA reported a 5.4 million barrel decrease in U.S. crude oil inventories

Recap: Oil prices rose on Wednesday, erasing early losses, as traders focused on rising tensions in the Middle East, despite the EIA reporting a 5.4 million barrel decrease in U.S. crude […]

Oil prices rose as much as 2 percent on Tuesday

By spragueoperati | May 15, 2019 | Comments Off on Oil prices rose as much as 2 percent on Tuesday

Recap: Oil prices rose as much as 2 percent on Tuesday after Saudi Arabia said some of its oil infrastructure was attacked by drones, just two days after Saudi oil […]

June NYMEX Natural Gas Futures Contract Closed at $2.659 on Tuesday, May 14th

By spragueoperati | May 15, 2019 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.659 on Tuesday, May 14th

Tuesday, May 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.657, nearly four cents above Monday’s closing price of $2.621.  Fluctuating along $2.650 through the morning hours, […]