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Tensions in Libya combined with ongoing production cuts from OPEC pushed prices higher

Par spragueoperati | avril 9, 2019 | Commentaires fermés sur Tensions in Libya combined with ongoing production cuts from OPEC pushed prices higher

Recap: Oil prices traded at five-month highs on Monday, as fighting in Libya raised concerns of tightening supplies. For the first since October, WTI traded above $64.00 a barrel, while Brent […]

May NYMEX Natural Gas Futures Contract Closed at $2.708 on Monday, April 8th

Par spragueoperati | avril 9, 2019 | Commentaires fermés sur May NYMEX Natural Gas Futures Contract Closed at $2.708 on Monday, April 8th

Monday, April 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.684, two cents above Friday’s closing price of $2.664.  Climbing from the intraday low of $2.683 as […]

Crude prices ended the week at a five-month high

Par spragueoperati | avril 8, 2019 | Commentaires fermés sur Crude prices ended the week at a five-month high

Recap: Crude prices finished on a positive note, to end the week at a five-month high. Oil markets gained confidence amid rising evidence that Saudi Arabia and other major oil […]

May NYMEX Natural Gas Futures Contract Closed at $2.664 on Friday, April 5th

Par spragueoperati | avril 8, 2019 | Commentaires fermés sur May NYMEX Natural Gas Futures Contract Closed at $2.664 on Friday, April 5th

Friday, April 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.642, nearly even to Thursday’s closing price of $2.643.  Stepping down to the intraday low of $2.638 […]

Prices were supported by expectations that global supplies will tighten

Par spragueoperati | avril 5, 2019 | Commentaires fermés sur Prices were supported by expectations that global supplies will tighten

Recap: After a brief stint to the downside, oil prices reverted to the upside, with June Brent rising above $70.00 a barrel and May WTI edging toward $63.00 a barrel. […]

May NYMEX Natural Gas Futures Contract Closed at $2.643 on Thursday, April 4th

Par spragueoperati | avril 5, 2019 | Commentaires fermés sur May NYMEX Natural Gas Futures Contract Closed at $2.643 on Thursday, April 4th

Thursday, April 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.672, nearly even to Wednesday’s closing price of $2.677.  Trading evenly along $2.670 through 10:30AM, marking the […]

The EIA reported an unexpected 7.2 million barrel build in U.S. crude oil inventories

Par spragueoperati | avril 4, 2019 | Commentaires fermés sur The EIA reported an unexpected 7.2 million barrel build in U.S. crude oil inventories

Recap: Oil prices fell from 5 month highs after the EIA reported an unexpected 7.2 million barrel build in U.S. crude oil inventories for the week of March 29. This compares […]

May NYMEX Natural Gas Futures Contract Closed at $2.677 on Wednesday, April 3rd

Par spragueoperati | avril 4, 2019 | Commentaires fermés sur May NYMEX Natural Gas Futures Contract Closed at $2.677 on Wednesday, April 3rd

Wednesday, April 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.667, two cents below Tuesday’s closing price of $2.684.  Lacking any major activity throughout the day’s session, […]

May NYMEX Natural Gas Futures Contract Closed at $2.684 on Tuesday, April 2nd

Par spragueoperati | avril 3, 2019 | Commentaires fermés sur May NYMEX Natural Gas Futures Contract Closed at $2.684 on Tuesday, April 2nd

Tuesday, April 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.719, a penny above Monday’s closing price of $2.708. Recording the intraday high of $2.721 as markets […]

Prices were propelled by the possibility of additional sanctions against Iran and continued supply disruptions in Venezuela

Par spragueoperati | avril 3, 2019 | Commentaires fermés sur Prices were propelled by the possibility of additional sanctions against Iran and continued supply disruptions in Venezuela

Recap: On Tuesday, oil prices posted fresh highs for 2019, with June Brent hitting a high of $69.51 and May WTI topping the session at $62.75. Prices were propelled by […]