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March NYMEX Natural Gas Futures Contract Closed at $2.564 on Friday, January 29th

Par spragueoperati | février 1, 2021 | 0 commentaire

Friday, January 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.658, slightly below Thursday’s closing price of $2.664.  Ascending to an intraday high of $2.695 by 9:45AM, […]

Baker Hughes reported that the U.S. oil drilling rig count increased by 6 to 295

Par spragueoperati | février 1, 2021 | 0 commentaire

Recap: Oil prices continue to struggle to the upside, as they went back and forth during the week. As there is persistent resistance above this market, there are signs that […]

March NYMEX Natural Gas Futures Contract Closed at $2.664 on Thursday, January 28th

Par spragueoperati | janvier 29, 2021 | 0 commentaire

Thursday, January 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.664, four cents below Wednesday’s closing price of $2.702.  Ascending to the $2.680 level ahead of the […]

Oil futures bounced around on Thursday

Par spragueoperati | janvier 29, 2021 | 0 commentaire

Recap: Oil futures bounced around on Thursday, looking for direction, as traders gage the effects of the latest EIA report against the effects of the widely spreading coronavirus and its […]

March NYMEX Natural Gas Futures Contract Closed at $2.702 on Wednesday, January 27th

Par spragueoperati | janvier 28, 2021 | 0 commentaire

Wednesday, January 27th, settlement day for the February contract, saw the front-month NYMEX Natural Gas Futures Contract open at $2.731, nearly eight cents above Tuesday’s closing price of $2.656.  Falling […]

The EIA reported that U.S. crude oil inventories showed an unexpected massive draw in inventories

Par spragueoperati | janvier 28, 2021 | 0 commentaire

Recap: Oil prices were trading steady on the opening on hopes that the U.S. government would reach an agreement on a stimulus package and an improvement in the number of […]

February NYMEX Natural Gas Futures Contract Closed at $2.656 on Tuesday, January 26th

Par spragueoperati | janvier 27, 2021 | 0 commentaire

Tuesday, January 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.649, nearly five cents above Monday’s closing price of $2.602.  Trading along the $2.635 level throughout the […]

Oil futures ended mixed on Tuesday

Par spragueoperati | janvier 27, 2021 | 0 commentaire

Recap: Oil futures ended mixed on Tuesday, with WTI coming under pressure, while Brent held on to gains, as supply concerns, as well as demand dominated market activity. Traders are hoping […]

February NYMEX Natural Gas Futures Contract Closed at $2.602 on Monday, January 25th

Par spragueoperati | janvier 26, 2021 | 0 commentaire

Monday, January 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.547, ten cents above Friday’s closing price of $2.446.  Ascending to an intraday high of $2.583 within […]

Oil futures traded higher on Monday

Par spragueoperati | janvier 26, 2021 | 0 commentaire

Recap: Oil futures traded higher on Monday, buoyed by optimism over a U.S. stimulation package and supply concerns after it was reported that OPEC and its allies were within 85% […]