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The International Energy Agency forecast a record rise in demand for crude and its byproducts next year

Par spragueoperati | juin 17, 2020 | 0 commentaire

Recap: Oil futures finished with a more than 3% gain on Tuesday as a monthly report from the International Energy Agency forecast a record rise in demand for crude and […]

July NYMEX Natural Gas Futures Contract Closed at $1.669 on Monday, June 15th

Par spragueoperati | juin 16, 2020 | 0 commentaire

Monday, June 15th saw the front-month NYMEX Natural Gas Futures Contract open at $1.725, just below Friday’s closing price of $1.731.  Ascending to an intraday high of $1.738 minutes after […]

Oil futures gave up earlier losses to settle higher Monday

Par spragueoperati | juin 16, 2020 | 0 commentaire

Recap: Oil futures gave up earlier losses to settle higher Monday, buoyed by declines in global crude production even as the potential for a fresh hit to energy demand climbed on […]

July NYMEX Natural Gas Futures Contract Closed at $1.731 on Friday, June 12th

Par spragueoperati | juin 15, 2020 | 0 commentaire

Friday, June 12th saw the front-month NYMEX Natural Gas Futures Contract open at $1.791, two cents below Thursday’s closing price of $1.813.  Rising modestly to an intraday high of $1.805, […]

U.S. crude oil inventories have risen to a record 538.1 million barrels

Par spragueoperati | juin 15, 2020 | 0 commentaire

Recap: A resurgence of COVID-19 cases combined with concerns over the glum global economic outlook to push oil prices lower on Friday. July WTI fell over 8% on the week, the […]

July NYMEX Natural Gas Futures Contract Closed at $1.813 on Thursday, June 11th

Par spragueoperati | juin 12, 2020 | 0 commentaire

Thursday, June 11th saw the front-month NYMEX Natural Gas Futures Contract open at $1.781, nearly even to Wednesday’s closing price of $1.780.  Ascending from an intraday low of $1.776 within […]

Crude oil prices fell more than 8% on Thursday

Par spragueoperati | juin 12, 2020 | 0 commentaire

Recap: Crude oil prices fell more than 8% on Thursday, posting the biggest one-day loss in six weeks, as U.S. crude oil inventories increased, the number of coronavirus cases grew […]

July NYMEX Natural Gas Futures Contract Closed at $1.780 on Wednesday, June 10th

Par spragueoperati | juin 11, 2020 | 0 commentaire

Wednesday, June 10th saw the front-month NYMEX Natural Gas Futures Contract open at $1.764, nearly even to Tuesday’s closing price of $1.767.  Ascending to an intraday high of $1.808 by […]

The EIA reported an increase of 5.7 million barrels in last week’s inventory report

Par spragueoperati | juin 11, 2020 | 0 commentaire

Recap: Oil futures climbed for the second straight session, despite U.S. crude oil stockpiles rising to record levels. Prices had spent part of the session trading to the downside after the […]

July NYMEX Natural Gas Futures Contract Closed at $1.767 on Tuesday, June 9th

Par spragueoperati | juin 10, 2020 | 0 commentaire

Tuesday, June 9th saw the front-month NYMEX Natural Gas Futures Contract open at $1.779, a penny below Monday’s closing price of $1.789.  In an uneventful day of trading, prices rose […]