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Despite progress in trade talks between the U.S. and China, oil futures gave up early gains

Par spragueoperati | février 26, 2019 | 0 commentaire

Recap: After posting fresh three month highs on Friday, crude oil prices fell sharply lower Monday following tweets by U.S. President Donald Trump calling on OPEC to “relax and take […]

March NYMEX Natural Gas Futures Contracts Closed at $2.836 on Monday, February 25th

Par spragueoperati | février 26, 2019 | 0 commentaire

Monday, February 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.777, six cents above Friday’s closing price of $2.717.  Trending lower initially to seesaw along $2.765 through […]

Crude oil futures advanced for the second straight week

Par spragueoperati | février 25, 2019 | 0 commentaire

Recap: Crude oil futures reversed course on Friday to advance for the second straight week, as prices gained on upbeat trade talks between the U.S. and China. Both Brent and […]

March NYMEX Natural Gas Futures Contracts Closed at $2.717 on Friday, February 22nd

Par spragueoperati | février 25, 2019 | 0 commentaire

Friday, February 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.693, nearly even to Thursday’s closing price of $2.697.  Touching the intraday low of $2.681 shortly after […]

The EIA reported that U.S. crude oil inventories rose by 3.7 million barrels

Par spragueoperati | février 22, 2019 | 0 commentaire

Recap: Crude oil futures finished below unchanged after the EIA report showed that U.S. crude oil inventories rose by 3.7 million barrels, marking the fifth straight week of gains. Record […]

March NYMEX Natural Gas Futures Contracts Closed at $2.697 on Thursday, February 21st

Par spragueoperati | février 22, 2019 | 0 commentaire

Thursday, February 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.674, roughly three cents above Wednesday’s closing price of $2.636. Trading fluctuated around $2.675 leading up to […]

EIA reported that US shale production in March is expected to reach a record 8.4 million bpd

Par spragueoperati | février 21, 2019 | 0 commentaire

Recap: On its last trading session, the March crude contract rallied more than 1% to its highest level this year.  The crude market posted a low of $55.48 early in […]

March NYMEX Natural Gas Futures Contracts Closed at $2.636

Par spragueoperati | février 21, 2019 | 0 commentaire

Wednesday, February 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.682, roughly nine cents below Tuesday’s closing price of $2.662. It was a bearish market ahead of […]

Oil prices were mixed on Tuesday, with both Brent and WTI falling in early trading

Par spragueoperati | février 20, 2019 | 0 commentaire

Recap: Oil prices were mixed on Tuesday, with both Brent and WTI falling in early trading, but as the dollar weakened, WTI rebounded, erasing early losses. After falling 1.9 percent […]

March NYMEX Natural Gas Futures Contracts Closed at $2.662 on Tuesday, February 19th

Par spragueoperati | février 20, 2019 | 0 commentaire

Tuesday, February 19th saw the front-month NYMEX Natural Gas Futures Contracts open flat at $2.624, from Friday’s closing price of $2.621. At the open, the contract traded lower to the […]