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Oil futures rose for the fifth consecutive week

June 28, 2021
Recap: Oil futures rose on Friday, gaining for the fifth consecutive week on expectations demand growth will outpace supply. The infrastructure deal struck by a bipartisan group of senators and President Joe Biden on Thursday, which include a proposed $6 billion sale from the U.S ... Read More
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July NYMEX Natural Gas Futures Contract Closed at $3.418 on Thursday, June 24th

June 25, 2021
Thursday, June 24th saw the front-month NYMEX Natural Gas Futures Contract open at $3.325, a penny below Wednesday’s closing price of $3.333.  Rising modestly ahead of the weekly storage publication, prices surged higher as the bullish report hit the wire.  Following a brief lull ... Read More

The EIA reported a 7.6 million barrel draw in U.S. crude oil inventories

June 25, 2021
Recap: Oil futures ended higher on Thursday, extending the previous day’s gains made after the EIA reported a 7.6 million barrel draw in U.S. crude oil inventories. The larger than expected drop is being seen as an indication that demand is continuing to improve from pandemic low ... Read More
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How a 150-year-old energy company in New Hampshire is helping businesses invest in a more sustainable future

June 24, 2021
As interest in the use of more sustainable energy grows, one local company is positioned well to help other local businesses reduce their carbon footprint. With early roots tied to coal, Sprague, an energy company based in Portsmouth, N.H., has been helping customers evolve th ... Read More

July NYMEX Natural Gas Futures Contract Closed at $3.333 on Wednesday, June 23rd

June 24, 2021
Wednesday, June 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.339, eight cents above Tuesday’s closing price of $3.258.  Heightened cooling demand and strong LNG exports provided support as the overnight rally extended pass the opening bell to achieve two ... Read More

Oil futures rose for the fourth straight session

June 24, 2021
Recap: Oil futures rose for the fourth straight session, with Brent tackling the $76 a barrel level for the first time since late 2018, after government data showed U.S. crude oil inventories falling 7.6 million barrels (excluding SPR oil). WTI topped $74 a barrel, for the first ... Read More
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July NYMEX Natural Gas Futures Contract Closed at $3.258 on Tuesday, June 22nd

June 23, 2021
Tuesday, June 22th saw the front-month NYMEX Natural Gas Futures Contract open at $3.268, nearly eight cents above Monday’s closing price of $3.191.  Marking an intraday high of $3.272 within minutes of the opening bell, prices then slipped to an intraday low of $3.238 at 9:15AM. ... Read More

Oil prices rose early in the session

June 23, 2021
Recap: Oil prices rose early in the session, with Brent futures trading at $75 a barrel for the first time since August of 2019, while WTI drew closer to the $74 mark. Prices were boosted by signs of tightening supplies, amid expectations for a global demand recovery. Both benchm ... Read More
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July NYMEX Natural Gas Futures Contract Closed at $3.191 on Monday, June 21st

June 22, 2021
Monday, June 21st saw the front-month NYMEX Natural Gas Futures Contract open at $3.174, four cents below Friday’s closing price of $3.215.  Slipping to a ten-day intraday low of $3.137 by 9:30AM, the contract mounted a slow recovery to trade near opening levels ahead of midday. ... Read More

Oil futures ended the session at a 32-month high

June 22, 2021
Recap: Oil futures jumped sharply higher on Monday to end the session at a fresh 32-month high, as talks between the U.S. and Iran were suspended following the presidential election of hardline judiciary chief Ebrahim Raisi, who was sanctioned by the U.S. for his 1988 role in the ... Read More
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