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May NYMEX Natural Gas Futures Contract Closed at $2.462 on Wednesday, April 24th

By spragueoperati | April 25, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.462 on Wednesday, April 24th

Wednesday, April 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.473, two cents above Tuesday’s closing price of $2.455.  Ascending to the intraday high of $2.485 by […]

The U.S. decided to end waivers for buyers of Iranian crude oil

By spragueoperati | April 24, 2019 | Comments Off on The U.S. decided to end waivers for buyers of Iranian crude oil

Recap: Oil prices rose to fresh six month highs after OPEC members said they would raise output only if demand warranted it. This comes on the heels of a U.S. […]

May NYMEX Natural Gas Futures Contract Closed at $2.455 on Tuesday, April 23rd

By spragueoperati | April 24, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.455 on Tuesday, April 23rd

Tuesday, April 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.517, slightly below Monday’s closing price of 2.524.  Plummeting more than 2% within the day’s opening hour […]

Oil prices reached fresh highs for the year

By spragueoperati | April 23, 2019 | Comments Off on Oil prices reached fresh highs for the year

Recap: Oil prices climbed more than 3 percent on Monday, reaching fresh highs for the year, after the U.S. announced that it would no longer issue waivers allowing certain countries to […]

May NYMEX Natural Gas Futures Contract Closed at $2.524 on Monday, April 22nd

By spragueoperati | April 23, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.524 on Monday, April 22nd

Monday, April 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.524, roughly three cents above Thursday’s closing price of $2.490.  Impacted by oversold conditions and climbing oil […]

Oil prices held steady on Thursday

By spragueoperati | April 22, 2019 | Comments Off on Oil prices held steady on Thursday

Recap: Oil prices held steady on Thursday with spot month futures in WTI unable to sustain itself above $64.00 a barrel and June Brent holding close to $72.00 a barrel. May […]

May NYMEX Natural Gas Futures Contract Closed at $2.490 on Thursday, April 18th

By spragueoperati | April 19, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.490 on Thursday, April 18th

Thursday, April 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.503, slightly below Wednesday’s closing price of $2.517.  Trailing downward early on to test three-year lows once […]

Prices gathered support off of strong economic growth in China and an unexpected fall in U.S. crude oil stocks

By spragueoperati | April 18, 2019 | Comments Off on Prices gathered support off of strong economic growth in China and an unexpected fall in U.S. crude oil stocks

Recap: Brent oil reached a fresh high for the year, trading above $72.00 a barrel for the first time since mid-November, while WTI advanced above $64.00 a barrel to a session […]

May NYMEX Natural Gas Futures Contract Closed at $2.517 on Wednesday, April 18th

By spragueoperati | April 18, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.517 on Wednesday, April 18th

Wednesday, April 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.560, a penny below Tuesday’s closing price of $2.572.  Reaching the intraday high of $2.561 within minutes […]

Oil prices steadied on Tuesday

By spragueoperati | April 17, 2019 | Comments Off on Oil prices steadied on Tuesday

Recap: Oil prices steadied on Tuesday, as exports from Iran and Venezuela continued to slide and as fighting in Libya increased, raising concern over tightening global supplies. After slipping 41 […]