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Crude oil prices surged to a two-month high on Monday

Par spragueoperati | mai 19, 2020 | 0 commentaire

Recap: Crude oil prices surged to a two-month high on Monday, with June WTI trading at a high of $33.32, the highest level a spot contract traded since March 16. […]

The number of US oil and natural gas rigs operating fell to an all-time low for a second consecutive week

Par spragueoperati | mai 18, 2020 | 0 commentaire

Recap: WTI traded higher on Friday, following through to the upside after yesterday’s strong gains, as data showed demand for crude picking up in China after the easing of curbs […]

June NYMEX Natural Gas Futures Contract Closed at $1.681 on Thursday, May 14th

Par spragueoperati | mai 15, 2020 | 0 commentaire

Thursday, May 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.631, nearly two cents above Wednesday’s closing price of $1.616.  Slipping to an intraday low of $1.617 […]

WTI rose to its highest level in six weeks

Par spragueoperati | mai 15, 2020 | 0 commentaire

Recap: WTI rose to its highest level in six weeks, on the back of recent pledges by OPEC and its allies to cut output, a surprise fall in U.S. crude […]

June NYMEX Natural Gas Futures Contract Closed at $1.616 on Wednesday, May 13th

Par spragueoperati | mai 14, 2020 | 0 commentaire

Wednesday, May 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.716, just below Tuesday’s closing price of $1.720.  Reaching an intraday high of $1.726 within minutes of […]

Prices fell as much as 3% on Wednesday

Par spragueoperati | mai 14, 2020 | 0 commentaire

Recap: Oil futures slipped on Wednesday after failing to find support despite the surprise drop in U.S. crude oil stockpiles. Price fell as much as 3% as markets were also […]

June NYMEX Natural Gas Futures Contract Closed at $1.720 on Tuesday, May 12th

Par spragueoperati | mai 13, 2020 | 0 commentaire

Tuesday, May 12th saw the front-month NYMEX Natural Gas Futures Contract open at $1.777, five cents below Monday’s closing price of $1.826.  Climbing to an intraday high of $1.801 by […]

U.S. prices finished at their highest level in five weeks

Par spragueoperati | mai 13, 2020 | 0 commentaire

Recap: Oil futures rebounded on Tuesday, with U.S. prices finishing at their highest level in five weeks after OPEC's de facto leader, Saudi Arabia, said it would increase supply curbs in […]

June NYMEX Natural Gas Futures Contract Closed at $1.826 on Monday, May 11th

Par spragueoperati | mai 12, 2020 | 0 commentaire

Monday, May 11th saw the front-month NYMEX Natural Gas Futures Contract open at $1.851, three cents above Friday’s closing price of $1.823.  Ascending to an intraday high of $1.890 by […]

Saudi Arabia and other major producers vowed to further cut output in June

Par spragueoperati | mai 12, 2020 | 0 commentaire

Recap: Oil futures headed to the upside after Saudi Arabia and other major producers vowed to further cut output in June, but the up move was short lived, as a slump […]