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Oil futures climbed on Tuesday in a lightly traded market

Par spragueoperati | décembre 30, 2020 | 0 commentaire

Recap: Oil futures climbed on Tuesday in a lightly traded market, as traders grew more optimistic over another round of economic stimulus by U.S. law makers, which may help boost […]

January NYMEX Natural Gas Futures Contract Closed at $2.305 on Monday, December 28th

Par spragueoperati | décembre 29, 2020 | 0 commentaire

Monday, December 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.259, significantly lower than Thursday’s closing price of $2.519. Prices quickly dropped to an intraday low of […]

IIR Energy reported that U.S. oil refiners are expected to shut in 3.6 million bpd of capacity

Par spragueoperati | décembre 29, 2020 | 0 commentaire

Recap: After opening unchanged, oil futures jumped following President Trump’s decision to sign legislation that includes $900 billion in aid to consumers and small businesses. However, the early run up […]

January NYMEX Natural Gas Futures Contract Closed at $2.519 on Thursday, December 24

Par spragueoperati | décembre 28, 2020 | 0 commentaire

Thursday, December 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.582, two cents above Wednesday’s closing price $2.606.  Prices rose to an intraday high of $2.632 at 10:50AM, […]

ADNOC eased supply cuts in line with an OPEC+ agreement to increase production by 500,000 bpd

Par spragueoperati | décembre 28, 2020 | 0 commentaire

Fundamental News:  Abu Dhabi National Oil Company has kept crude supply reductions to term customers in Asia mostly steady in February versus January.  ADNOC notified its customers that their February […]

Oil futures rose after EIA showed draws in U.S. inventories

Par spragueoperati | décembre 24, 2020 | 0 commentaire

Recap:  Oil futures rose sharply on Wednesday after the EIA showed draws across the board in U.S. inventories. While inventories for crude oil showed a smaller than expected decline, stockpiles […]

January NYMEX Natural Gas Futures Contract Closed at $2.780 on Tuesday, December 22nd

Par spragueoperati | décembre 23, 2020 | 0 commentaire

Tuesday, December 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.787, eight cents above Monday’s closing price $2.705.  Trickling downward to an intraday low of $2.764 by […]

January NYMEX Natural Gas Futures Contract Closed at $2.780 on Tuesday, December 22nd

Par spragueoperati | décembre 23, 2020 | 0 commentaire

Tuesday, December 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.787, eight cents above Monday’s closing price $2.705.  Trickling downward to an intraday low of $2.764 by […]

OPEC and other major producers are set to increase output by 500,000 barrels per day starting in January

Par spragueoperati | décembre 23, 2020 | 0 commentaire

Recap: Oil futures ended lower on Tuesday, marking the second straight day of losses, as a new strain of COVID-19 reignited concerns over demand and a global economic recovery. Due […]

January NYMEX Natural Gas Futures Contract Closed at $2.705

Par spragueoperati | décembre 22, 2020 | 0 commentaire

Monday, December 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.680, two cents below Friday’s closing price $2.700.  Touching down to an intraday low of $2.662 soon […]