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May NYMEX Natural Gas Futures Contract Closed at $6.850 on Tuesday, April 26th

April 27, 2022
Tuesday, April 26th saw the May NYMEX Natural Gas Futures Contract open at $6.882, twenty-one cents above Monday’s closing price of $6.669. Following a pre-session rally, prices rose to an intraday high of $7.010 at 10:30AM upon renewed supply concerns as maintenance hinders prod ... Read More

Oil Prices Rebounded in Volatile Trading on Tuesday as the Market Weighed China's Plans to Support its Economy Against a Possible Coronavirus Lockdown

April 27, 2022
Recap: Oil prices rebounded in volatile trading on Tuesday as the market weighed China's plans to support its economy against a possible coronavirus lockdown in its capital Beijing. The Chinese capital Beijing has expanded its COVID-19 mass testing to much of the city of nearly 2 ... Read More
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May NYMEX Natural Gas Futures Contract Closed at $6.669 on Monday, April 25th

April 26, 2022
Monday, April 25th saw the May NYMEX Natural Gas Futures Contract open at $6.550, two cents above Friday’s closing price of $6.534. Slipping to the intraday low of $6.470 by 9:25AM, yesterday’s session saw a lower degree of volatility in comparison to the past week. Trading withi ... Read More

Oil Futures Fell Again on Monday, as China Ramped Up its COVID Related Lockdowns and as the U.S. Federal Reserve's Aggressive Rate Hike Stance Fueled Recession Fears

April 26, 2022
Recap: Oil futures fell again on Monday, as China ramped up its COVID related lockdowns and as the U.S. Federal Reserve’s aggressive rate hike stance fueled recession fears, which weighed on demand woes. China's COVID-19 woes continued to worsen with 51 new deaths reported on Apr ... Read More
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May NYMEX Natural Gas Futures Contract Closed at $6.534 on Friday, April 22nd

April 25, 2022
Friday, April 22nd saw the May NYMEX Natural Gas Futures Contract open at $6.834, twelve cents below Thursday’s closing price of $6.957. Tallying the intraday high of $6.903 by 9:15AM, prices moved lower throughout the day on weak market fundamentals, aside from the persistent st ... Read More

Oil Futures Fell on Friday by the Prospect of Weaker Global Growth, Higher Interest Rates and COVID Lockdowns in China

April 25, 2022
Recap:  Oil futures fell on Friday pressured by the prospect of weaker global growth, higher interest rates and COVID lockdowns in China hurting demand even as the European Union considers a ban on Russian oil that would further tighten supply. The International Monetary Fund, wh ... Read More
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May NYMEX Natural Gas Futures Contract Closed at $6.957 on Thursday, April 21st

April 22, 2022
Thursday, April 21st saw the May NYMEX Natural Gas Futures Contract open at $6.966, three cents above Wednesday’s closing price of $6.937. Following the expected withdrawal over the past few days, prices rose to an intraday high of $7.115 at 9:20AM and proceeded to trade along $6 ... Read More

US Benchmark Oil Prices Finish Higher for the Sixth Time in the Past Seven Sessions

April 22, 2022
Recap:  US benchmark oil prices finish higher for the sixth time in the past seven sessions, ending up 1.6% at $103.79 a barrel. Brent Crude for June delivery gained $1.53 per barrel, or 1.43% to $108.33. Yesterday's EIA report on US oil inventories confirmed that while the debat ... Read More
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May NYMEX Natural Gas Futures Contract Closed at $6.937 on Wednesday, April 20th

April 21, 2022
Wednesday, April 20th saw the May NYMEX Natural Gas Futures Contract open at an intraday high of $7.324, about 15 cents above Tuesday’s closing price of $7.176. Prices fell steadily after open, tumbling towards an intraday low of $6.791 at 11:40AM. Prices rebounded off the low in ... Read More

Regulatory Matters - First Quarter 2022

April 21, 2022
Sprague Regulatory Matters is provided as a courtesy to our customers. Please note that the information contained in Sprague Regulatory Matters is for informational purposes only and should not be construed as legal or business advice on any subject matter. You should not act or ... Read More
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