Search Results

November NYMEX Natural Gas Futures Contracts Closed at $3.165 on Thursday, October 4th

By spragueoperati | October 5, 2018 | Comments Off on November NYMEX Natural Gas Futures Contracts Closed at $3.165 on Thursday, October 4th

Thursday, October 4th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.235, slightly above Wednesday’s closing price of $3.230.  Following a brief ascent to the intraday high of […]

Oil prices fell after hitting four year highs on Wednesday

By spragueoperati | October 5, 2018 | Comments Off on Oil prices fell after hitting four year highs on Wednesday

Recap:  After hitting fresh four year highs on Wednesday, oil prices fell, with WTI receiving the hardest hit, which in turn widened its discount to Brent. The discount widened as […]

November NYMEX Natural Gas Futures Contracts Closed at $3.230 on Wednesday, October 3rd

By spragueoperati | October 4, 2018 | Comments Off on November NYMEX Natural Gas Futures Contracts Closed at $3.230 on Wednesday, October 3rd

Wednesday, October 3rd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.192, nearly three cents above Tuesday’s closing price of $3.166.  A momentary drop to the intraday low […]

The EIA report showed the largest weekly rise of the year in U.S. crude oil inventories

By spragueoperati | October 4, 2018 | Comments Off on The EIA report showed the largest weekly rise of the year in U.S. crude oil inventories

Recap: Oil prices turned higher on Wednesday, reversing yesterday’s down move, indicating bulls are still in control of this market. Both Brent and WTI experienced outside trading sessions, as each posted […]

November NYMEX Natural Gas Futures Contracts Closed at $3.166 on Tuesday, October 2nd

By spragueoperati | October 3, 2018 | Comments Off on November NYMEX Natural Gas Futures Contracts Closed at $3.166 on Tuesday, October 2nd

Tuesday, October 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.113, two cents above Monday’s closing price of $3.094.  Buoyed overnight as Monday’s weather forecasts continue to […]

The API report showed an increase of 907,00 barrels in the week of September 28

By spragueoperati | October 3, 2018 | Comments Off on The API report showed an increase of 907,00 barrels in the week of September 28

Recap: Oil prices posted slight losses on Tuesday, after rising to their highest level in almost four years. Investors were awaiting the release of the API report, which reflected an increase […]

November NYMEX Natural Gas Futures Contracts Closed at $3.094 on Monday, October 1st

By spragueoperati | October 2, 2018 | Comments Off on November NYMEX Natural Gas Futures Contracts Closed at $3.094 on Monday, October 1st

Monday, October 1st saw the front-month NYMEX Natural Gas Futures Contracts open at $3.064, nearly six cents above Friday’s closing price of $3.008.  Marking the intraday low of $3.052 by […]

On Monday, the U.S. and Canada reached a preliminary deal to revise the North American Free Trade Agreement

By spragueoperati | October 2, 2018 | Comments Off on On Monday, the U.S. and Canada reached a preliminary deal to revise the North American Free Trade Agreement

Recap: Oil prices rallied on Monday after the U.S. and Canada reached a preliminary deal to revise the North American Free Trade Agreement. The agreement eased worries that trade tensions would […]

November NYMEX Natural Gas Futures Contracts Closed at $3.008 on Friday, September 28th

By spragueoperati | October 1, 2018 | Comments Off on November NYMEX Natural Gas Futures Contracts Closed at $3.008 on Friday, September 28th

Friday, September 28th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.994, roughly six cents below Thursday’s closing price of $3.056.  Returning Thursday’s gains overnight, prices reflected a […]

Oil drilling rigs operating in the U.S. fell by 3 to 863 rigs

By spragueoperati | October 1, 2018 | Comments Off on Oil drilling rigs operating in the U.S. fell by 3 to 863 rigs

Recap: Oil prices climbed for the second straight month, with Brent reaching a fresh four-year high, while WTI rose to its highest level since July 11. Impending U.S. sanctions against Iran […]