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New England Energy Market Developments

By spragueoperati | March 12, 2018 | Comments Off on New England Energy Market Developments

It is hard to forget the start of 2018 as the Cold Snap that descended upon the region tied or set new record-low temperatures and record high-energy prices.  Some portions […]

A strong rebound in the value of the dollar appeared to keep the oil market from gaining any real traction toward the upside

By spragueoperati | March 9, 2018 | Comments Off on A strong rebound in the value of the dollar appeared to keep the oil market from gaining any real traction toward the upside

Recap: The bulls in the oil market remained on the defensive for the second day in a row.  While the stock market rebounded today, the strong rebound in the value […]

April NYMEX Natural Gas Futures Contracts Closed at $2.756

By spragueoperati | March 9, 2018 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.756

Thursday, March 8th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.782, slightly above Wednesday’s closing price of $2.777.  Posting notable losses through the session’s opening hour, prices […]

April NYMEX Natural Gas Futures Contracts Closed at $2.777 on Wednesday, March 7th

By spragueoperati | March 8, 2018 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.777 on Wednesday, March 7th

Wednesday, March 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.777, three cents above Tuesday’s closing price of $2.749.  Adding a penny as markets opened to reach […]

The market traded lower as US oil production increased to a record high of 10.369 million bpd on the week

By spragueoperati | March 8, 2018 | Comments Off on The market traded lower as US oil production increased to a record high of 10.369 million bpd on the week

Recap: The oil market on Wednesday traded mostly sideways in overnight trading before it breached its previous losses and sold off to $61.65 ahead of the release of the EIA’s […]

April NYMEX Natural Gas Futures Contracts Closed at $2.749 on Tuesday, March 6th

By spragueoperati | March 7, 2018 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.749 on Tuesday, March 6th

Tuesday, March 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.732, three cents above Monday’s closing price of $2.704.  Directed higher overnight by below-average forecasts, prices traded […]

The inventory report is expected to reflect an increase of 3 million barrels of oil

By spragueoperati | March 7, 2018 | Comments Off on The inventory report is expected to reflect an increase of 3 million barrels of oil

Recap: Oil prices were mixed on Tuesday, trading within a tight range ahead of the API inventory report. Brent was the stronger of the two blends, holding onto gains as Europe […]

Monday was the largest one day gain in almost three weeks for oil prices

By spragueoperati | March 6, 2018 | Comments Off on Monday was the largest one day gain in almost three weeks for oil prices

Recap: Oil prices began the session trading close to unchanged, but quickly reversed course, as the stock market headed higher, adding to the upside momentum were signs that OPEC and […]

April NYMEX Natural Gas Futures Contracts Closed at $2.704 on Monday, March 5th

By spragueoperati | March 6, 2018 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.704 on Monday, March 5th

Monday, March 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.712, nearly two cents above Friday’s closing price of 2.695.  After recovering from overnight trading that saw […]

April NYMEX Natural Gas Futures Contracts Closed at $2.695 on Friday, March 2nd

By spragueoperati | March 5, 2018 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.695 on Friday, March 2nd

Friday, March 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.713, nearly two cents above Thursday’s closing price of $2.698.  Rising to the intraday high of $2.720 […]