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OPEC and non-OPEC output cut agreement will be signed in three months’ time

Par spragueoperati | Décembre 11, 2018 | Commentaires fermés sur OPEC and non-OPEC output cut agreement will be signed in three months’ time

Recap: The oil market looked ready to post an inside trading day as it failed to breach Friday’s trading range for most of the session.  The crude market opened at […]

January NYMEX Natural Gas Futures Contracts Closed at $4.488 on Friday, December 7th

Par spragueoperati | Décembre 10, 2018 | Commentaires fermés sur January NYMEX Natural Gas Futures Contracts Closed at $4.488 on Friday, December 7th

Friday, December 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.388, six cents above Thursday’s closing price of $4.327.  Setting its sights high out of the gate, the […]

Crude oil futures rallied after OPEC members and nonmembers decided to cut production in January

Par spragueoperati | Décembre 10, 2018 | Commentaires fermés sur Crude oil futures rallied after OPEC members and nonmembers decided to cut production in January

Recap: Crude oil futures rallied on Friday as OPEC members and nonmembers agreed to cut back on production starting in January. After the release of the aforementioned news, January WTI […]

OPEC announced that it was delaying its decision to cut output until it meets with other producers

Par spragueoperati | Décembre 7, 2018 | Commentaires fermés sur OPEC announced that it was delaying its decision to cut output until it meets with other producers

Recap: The 7.3 million barrel draw in U.S. crude oil inventories did little to prop up prices after OPEC announced that it was delaying its decision to cut output until […]

January NYMEX Natural Gas Futures Contracts Closed at $4.327 on Thursday, December 6th

Par spragueoperati | Décembre 7, 2018 | Commentaires fermés sur January NYMEX Natural Gas Futures Contracts Closed at $4.327 on Thursday, December 6th

Thursday, December 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.366, ten cents below Wednesday’s closing price of $4.469.  Retreating from the intraday high of $4.404 as […]

January NYMEX Natural Gas Futures Contracts Closed at $4.469 on Wednesday, December 5th

Par spragueoperati | Décembre 6, 2018 | Commentaires fermés sur January NYMEX Natural Gas Futures Contracts Closed at $4.469 on Wednesday, December 5th

Wednesday, December 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.547, nine cents above Tuesday’s closing price of $4.457.  Tallying the intraday high of $4.557 within minutes […]

The Joint Ministerial Monitoring Committee agreed on Wednesday on the need to cut oil production in 2019

Par spragueoperati | Décembre 6, 2018 | Commentaires fermés sur The Joint Ministerial Monitoring Committee agreed on Wednesday on the need to cut oil production in 2019

Recap: Oil prices traded in a choppy fashion ahead of the OPEC meeting which is to take place in Vienna. In a continuation of Tuesday’s late sell off, oil prices traded […]

Traders continue to weigh in on the December 6th OPEC Meeting between major oil producers

Par spragueoperati | Décembre 5, 2018 | Commentaires fermés sur Traders continue to weigh in on the December 6th OPEC Meeting between major oil producers

Recap: Oil prices opened the session trading above unchanged in what was another unstable session, as traders continued to weigh in on the December 6 OPEC meeting between major oil producers. […]

January NYMEX Natural Gas Futures Contracts Closed at $4.457 on Tuesday, December 4th

Par spragueoperati | Décembre 5, 2018 | Commentaires fermés sur January NYMEX Natural Gas Futures Contracts Closed at $4.457 on Tuesday, December 4th

Tuesday, December 4th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.561, roughly twenty-two cents above Monday’s closing price of $4.339.  Bounding upward overnight in response to uncertainty […]

Oil prices climbed more than 3% on Monday

Par spragueoperati | Décembre 4, 2018 | Commentaires fermés sur Oil prices climbed more than 3% on Monday

Recap: Oil prices climbed more than 3% on Monday after the U.S. and China settled a 3-month trade dispute, while OPEC appears ready to cut back on output and Canada’s […]