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May NYMEX Natural Gas Futures Contracts Closed at $2.739 on Friday, April 20th

By spragueoperati | April 23, 2018 | Comments Off on May NYMEX Natural Gas Futures Contracts Closed at $2.739 on Friday, April 20th

Friday, April 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.676, nearly two cents above Thursday’s closing price of $2.661.  Rising confidently as trading opened, prices rose […]

Oil prices relinquished gains despite the bullish sentiment

By spragueoperati | April 20, 2018 | Comments Off on Oil prices relinquished gains despite the bullish sentiment

Recap: After posting fresh 3 and half year highs, oil prices relinquished gains despite the bullish sentiment. May WTI climbed to a high of $69.55 a barrel, its highest level […]

May NYMEX Natural Gas Futures Contracts Closed at $2.660 on Thursday, April 19th

By spragueoperati | April 20, 2018 | Comments Off on May NYMEX Natural Gas Futures Contracts Closed at $2.660 on Thursday, April 19th

Thursday, April 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.716, two cents below Wednesday’s closing price of $2.739.  Plunging below $2.690 soon after markets opened, prices […]

May NYMEX Natural Gas Futures Contracts Closed at $2.739 on Wednesday, April 18th

By spragueoperati | April 19, 2018 | Comments Off on May NYMEX Natural Gas Futures Contracts Closed at $2.739 on Wednesday, April 18th

Wednesday, April 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.750, a penny above Tuesday’s closing price of $2.738.  Climbing confidently through the day’s opening hour to […]

Oil prices gradually moved higher in overnight trading

By spragueoperati | April 19, 2018 | Comments Off on Oil prices gradually moved higher in overnight trading

Recap: Oil prices began the session trading slightly above unchanged, gradually moving higher in overnight trading. Across the board declines in U.S. petroleum stocks halted an early morning retreat, propelling […]

This weeks inventory report is expected to show a draw of 1.4 million barrels in US crude oil stocks

By spragueoperati | April 18, 2018 | Comments Off on This weeks inventory report is expected to show a draw of 1.4 million barrels in US crude oil stocks

Recap: The absence of new fundamentals in the world of oil fostered additional retreats from last week’s move to a three year high. After opening slightly above unchanged, May WTI […]

May NYMEX Natural Gas Futures Contracts Closed at $2.738 on Tuesday, April 17th

By spragueoperati | April 18, 2018 | Comments Off on May NYMEX Natural Gas Futures Contracts Closed at $2.738 on Tuesday, April 17th

Tuesday, April 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.747, slightly below Monday’s closing price of $2.752.  Prices sank to the intraday low of $2.734 as […]

Oil prices gradually lost ground as concern over airstrikes in Syria began to ease

By spragueoperati | April 17, 2018 | Comments Off on Oil prices gradually lost ground as concern over airstrikes in Syria began to ease

Recap: Oil prices opened the session trading unchanged, but gradually lost ground as concern over airstrikes in Syria began to ease. May WTI fell 2 cents shy of reaching Friday’s […]

May NYMEX Natural Gas Futures Contracts Closed at $2.752 on Monday, April 16th

By spragueoperati | April 17, 2018 | Comments Off on May NYMEX Natural Gas Futures Contracts Closed at $2.752 on Monday, April 16th

Monday, April 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.764, three cents above Friday’s closing price of $2.735.  Rising confidently in pre-market trading and continuing upward […]

The IEA reported that it expects the world’s demand for oil to increase by 1.5 million bpd in 2018

By spragueoperati | April 16, 2018 | Comments Off on The IEA reported that it expects the world’s demand for oil to increase by 1.5 million bpd in 2018

Recap: Following Thursday’s inside trading, the oil market on Friday traded higher ahead of the weekend.  The market opened 11 cents higher at $67.18 and traded mostly sideways before it […]