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The API reported a 7.5 million barrel draw in U.S. crude oil stocks

Par spragueoperati | juin 26, 2019 | Commentaires fermés sur The API reported a 7.5 million barrel draw in U.S. crude oil stocks

Recap: Oil prices received an early morning jolt after U.S. President Donald Trump warned Iran against attacking “anything American” and as traders awaited the release of U.S. data which is […]

July NYMEX Natural Gas Futures Contract Closed at $2.308 on Tuesday, June 25th

Par spragueoperati | juin 26, 2019 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.308 on Tuesday, June 25th

Tuesday, June 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.284, two cents below Monday’s closing price of $2.303.  Lacking support early on following the previous session’s […]

July NYMEX Natural Gas Futures Contract Closed at $2.303 on Monday, June 24th

Par spragueoperati | juin 25, 2019 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.303 on Monday, June 24th

Monday, June 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.241, nearly six cents above Friday’s closing price of $2.186.  Battling back from two-year lows, the contract […]

Oil prices rose for the third straight session

Par spragueoperati | juin 25, 2019 | Commentaires fermés sur Oil prices rose for the third straight session

Recap: Oil prices rose for the third straight session on Monday as tensions between the U.S. and Iran overshadowed earlier concern over waning demand. August WTI was trading at $56.75 a […]

A fire at the Philadelphia Energy Solution’s refinery caused an impressive move in gasoline

Par spragueoperati | juin 24, 2019 | Commentaires fermés sur A fire at the Philadelphia Energy Solution’s refinery caused an impressive move in gasoline

Recap: The big news on Friday was the fire at Philadelphia Energy Solution’s refinery that was ignited by a series of explosions shortly after 3 a.m. The refinery processes 335,000 barrels […]

July NYMEX Natural Gas Futures Contract Closed at $2.186 on Friday, June 21st

Par spragueoperati | juin 24, 2019 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.186 on Friday, June 21st

Friday, June 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.199, nearly even to Thursday’s closing price of $2.185.  With an absence of any updates to short-term […]

Oil prices jumped as much as 6% on Thursday

Par spragueoperati | juin 21, 2019 | Commentaires fermés sur Oil prices jumped as much as 6% on Thursday

Recap: Oil prices jumped as much as 6% on Thursday after Iran shot down a U.S. military drone near the Strait of Hormuz, raising fears of a military confrontation between the […]

July NYMEX Natural Gas Futures Contract Closed at $2.185 on Thursday, June 20th

Par spragueoperati | juin 21, 2019 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $2.185 on Thursday, June 20th

Thursday, June 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.275, nearly even to Wednesday’s closing price of $2.276.  Ascending to the $2.30 level by 10:00AM as […]

The EIA reported a larger than expected drawdown in U.S. crude oil stocks

Par spragueoperati | juin 20, 2019 | Commentaires fermés sur The EIA reported a larger than expected drawdown in U.S. crude oil stocks

Recap: Oil prices shot to the upside after the EIA reported a larger than expected drawdown in U.S. crude oil stocks, the first in three weeks. August WTI, which was trading […]

Oil prices posted sharp gains on Tuesday

Par spragueoperati | juin 19, 2019 | Commentaires fermés sur Oil prices posted sharp gains on Tuesday

Recap: Oil prices posted sharp gains on Tuesday after U.S. President Donald Trump announced he would hold an extensive meeting with Chinese President Xi Jinping at the G20 summit to […]