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August NYMEX Natural Gas Futures Contract Closed at $2.304 on Wednesday, July 17th

Par spragueoperati | juillet 18, 2019 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.304 on Wednesday, July 17th

Wednesday July 17th saw the front-month NYMEX Natural Gas Futures Contract open at 2.338, roughly three cents above Tuesday’s closing price of $2.306. Prices fluctuated through the early afternoon reaching […]

The tensions between the U.S. and Iran appears to be easing

Par spragueoperati | juillet 17, 2019 | Commentaires fermés sur The tensions between the U.S. and Iran appears to be easing

Recap: After firming in early morning trading, oil prices turned lower on Tuesday, as U.S. offshore production resumed after Hurricane Barry and as tensions between the U.S. and Iran appeared […]

August NYMEX Natural Gas Futures Contract Closed at $2.306 on Tuesday, July 16th

Par spragueoperati | juillet 17, 2019 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.306 on Tuesday, July 16th

Tuesday July 16th saw the front-month NYMEX Natural Gas Futures Contract open at 2.322, eight cents below Monday’s closing price of $2.408.  Now in the wake of Hurricane Barry making […]

Oil prices turned lower on Monday

Par spragueoperati | juillet 16, 2019 | Commentaires fermés sur Oil prices turned lower on Monday

Recap: Oil prices turned lower on Monday, as the impact of a tropical storm on U.S. Gulf Coast production and refining appeared to be less than expected and on mixed […]

August NYMEX Natural Gas Futures Contract Closed at $2.408 on Monday, July 15th

Par spragueoperati | juillet 16, 2019 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.408 on Monday, July 15th

Monday July 15th saw the front-month NYMEX Natural Gas Futures Contract open at 2.413, four cents below Friday’s closing price of $2.458.  Natural Gas prices moved lower Monday, easing some […]

The IEA said increasing US oil output will outpace global demand and lead to a large inventory build around the world in the next nine months.

Par spragueoperati | juillet 15, 2019 | Commentaires fermés sur The IEA said increasing US oil output will outpace global demand and lead to a large inventory build around the world in the next nine months.

Recap: The oil market traded higher but failed to breach its previous high as concerns over a global surplus in the months ahead limited its gains.  The IEA said increasing […]

August NYMEX Natural Gas Futures Contract Closed at $2.453 on Friday, July 12th

Par spragueoperati | juillet 15, 2019 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.453 on Friday, July 12th

Friday July 12th saw the front-month NYMEX Natural Gas Futures Contract open at 2.458, four cents above Thursday’s closing price of $2.416.  Recovering from Thursday’s storage-induced selloff, as the injection […]

The oil market continued to trend higher early Thursday ahead of the storm in the Gulf of Mexico

Par spragueoperati | juillet 12, 2019 | Commentaires fermés sur The oil market continued to trend higher early Thursday ahead of the storm in the Gulf of Mexico

Recap: The oil market continued to trend higher early Thursday ahead of the storm in the Gulf of Mexico, with oil producers evacuating and shutting in production.  The crude market […]

August NYMEX Natural Gas Futures Contract Closed at $2.416 on Thursday, July 11th

Par spragueoperati | juillet 12, 2019 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.416 on Thursday, July 11th

Thursday July 11th saw the front-month NYMEX Natural Gas Futures Contract open at 2.459, roughly a penny above Wednesday’s closing price of $2.446.  Trading within a penny of $2.470 until […]

The EIA reported a larger than expected draw in crude stocks of 9.5 million barrels

Par spragueoperati | juillet 11, 2019 | Commentaires fermés sur The EIA reported a larger than expected draw in crude stocks of 9.5 million barrels

Recap: Oil prices rose on Wednesday in light of the weekly stock reports showing larger than expected draws in crude stocks and reports of major US producers evacuating and shutting […]