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July NYMEX Natural Gas Futures Contract Closed at $2.186 on Friday, June 21st

By spragueoperati | June 24, 2019 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.186 on Friday, June 21st

Friday, June 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.199, nearly even to Thursday’s closing price of $2.185.  With an absence of any updates to short-term […]

Oil prices jumped as much as 6% on Thursday

By spragueoperati | June 21, 2019 | Comments Off on Oil prices jumped as much as 6% on Thursday

Recap: Oil prices jumped as much as 6% on Thursday after Iran shot down a U.S. military drone near the Strait of Hormuz, raising fears of a military confrontation between the […]

July NYMEX Natural Gas Futures Contract Closed at $2.185 on Thursday, June 20th

By spragueoperati | June 21, 2019 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.185 on Thursday, June 20th

Thursday, June 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.275, nearly even to Wednesday’s closing price of $2.276.  Ascending to the $2.30 level by 10:00AM as […]

The EIA reported a larger than expected drawdown in U.S. crude oil stocks

By spragueoperati | June 20, 2019 | Comments Off on The EIA reported a larger than expected drawdown in U.S. crude oil stocks

Recap: Oil prices shot to the upside after the EIA reported a larger than expected drawdown in U.S. crude oil stocks, the first in three weeks. August WTI, which was trading […]

Oil prices posted sharp gains on Tuesday

By spragueoperati | June 19, 2019 | Comments Off on Oil prices posted sharp gains on Tuesday

Recap: Oil prices posted sharp gains on Tuesday after U.S. President Donald Trump announced he would hold an extensive meeting with Chinese President Xi Jinping at the G20 summit to […]

July NYMEX Natural Gas Futures Contract Closed at $2.328 on Tuesday, June 18th

By spragueoperati | June 19, 2019 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.328 on Tuesday, June 18th

Tuesday, June 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.392, slightly above Monday’s closing price of $2.386.  Falling from the intraday high as markets opened, the […]

Traders mulled over last week’s decision by the IEA to lower its 2019 forecast for global demand

By spragueoperati | June 18, 2019 | Comments Off on Traders mulled over last week’s decision by the IEA to lower its 2019 forecast for global demand

Recap: Oil prices slid on Monday after poor Chinese economic data heightened fears of lower worldwide demand and as traders mulled over last week’s decision by the IEA to lower its […]

July NYMEX Natural Gas Futures Contract Closed at $2.386 on Monday, June 17th

By spragueoperati | June 18, 2019 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.386 on Monday, June 17th

Monday, June 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.376, a penny below Friday’s closing price of $2.387.  Managing an upward trajectory into the morning hours, […]

An attack on two tankers in the Gulf of Oman raised concerns about potential supply disruptions

By spragueoperati | June 17, 2019 | Comments Off on An attack on two tankers in the Gulf of Oman raised concerns about potential supply disruptions

Recap: Oil prices posted modest gains on Friday, a day after an attack on two tankers in the Gulf of Oman raised concerns about potential supply disruptions. Gains were kept contained […]

July NYMEX Natural Gas Futures Contract Closed at $2.387 on Friday, June 14th

By spragueoperati | June 17, 2019 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.387 on Friday, June 14th

Friday, June 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.339, a penny above Thursday’s closing price of $2.325.  Rising from the intraday low of $2.334 soon […]