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The U.S.-Mexico trade deal is expected to prop up demand for oil

Par spragueoperati | août 29, 2018 | 0 commentaire

Recap: Oil prices slipped on Tuesday, stemming a two-day ascent, as traders turned toward profit taking ahead of this week’s inventory reports. The downward move was kept at bay by […]

September NYMEX Natural Gas Futures Contracts Closed at $2.852 on Tuesday, August 28th

Par spragueoperati | août 29, 2018 | 0 commentaire

Tuesday, August 28th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.874 nearly even to Monday’s closing price of $2.876.  A modest intraday high of $2.875 near 9:00AM […]

Traders remain on edge as they await the outcome of trade wars between China and the U.S

Par spragueoperati | août 28, 2018 | 0 commentaire

Recap: Oil prices finished higher on Monday, with WTI experiencing an inside trading session, and Brent rising to a seven-week high. Prices gained support on fresh trade talks between the […]

September NYMEX Natural Gas Futures Contracts Closed at $2.874 on Monday, August 27th

Par spragueoperati | août 28, 2018 | 0 commentaire

Monday, August 27th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.904, a penny below Friday’s closing price of $2.917.  Notching the intraday high of $2.915 within minutes […]

There was a cut of 9 U.S. drilling oil rigs in the week ending August 24th

Par spragueoperati | août 27, 2018 | 0 commentaire

Recap: Oil prices continued to forge ahead Friday on reports China will resume the purchase of U.S. crude oil in October, and on heightened concern U.S. sanctions against Iran could […]

September NYMEX Natural Gas Futures Contracts Closed at $2.917 on Friday, August 24th

Par spragueoperati | août 27, 2018 | 0 commentaire

Friday, August 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.954, a penny below Thursday’s closing price of $2.964.  Rising to an intraday high of $2.962, the […]

September NYMEX Natural Gas Futures Contracts Closed at $2.964 on Thursday, August 23rd

Par spragueoperati | août 24, 2018 | 0 commentaire

Thursday, August 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.941, nearly two cents below Wednesday’s closing price of $2.956.  Seeking direction as prices seesawed within a […]

Trade tensions between China and the U.S. pressured commodities across the board

Par spragueoperati | août 24, 2018 | 0 commentaire

Recap: Oil prices fell from a 2-week high, as escalating trade tensions between China and the U.S. pressured commodities across the board. The commencement of the tariffs is expected to […]

Prices were spurred higher by the 5.8 million barrel draw in U.S. crude oil inventories

Par spragueoperati | août 23, 2018 | 0 commentaire

Recap: Oil prices climbed 3% on Wednesday, with WTI experiencing its largest one day gain in almost two-months, while Brent rose to its highest level in two-weeks. Prices were spurred […]

September NYMEX Natural Gas Futures Contracts Closed at $2.956 on Wednesday, August 22nd

Par spragueoperati | août 23, 2018 | 0 commentaire

Wednesday, August 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.974, slightly below Tuesday’s closing price of $2.980.  Coming off Tuesday’s near two-month high, prices fluctuated along […]