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Secretary of State, Rex Tillerson, being replaced by CIA Director, Mike Pompeo, may potentially have very big implications for both the Iran deal and US policy towards Venezuela

Par spragueoperati | mars 14, 2018 | 0 commentaire

Recap: The oil market rallied higher on Tuesday morning on news that President Donald Trump fired Secretary of State Rex Tillerson. The Secretary of State’s firing increases risks to a multinational […]

April NYMEX Natural Gas Futures Contracts Closed at $2.778 on Monday, March 5th

Par spragueoperati | mars 13, 2018 | 0 commentaire

Monday, March 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.781, five cents above Friday’s closing price of $2.732.  Buoyed by below average temperatures ranging from the […]

Early Monday morning crude and products were all in negative territory but bounced back and erased almost half of the morning’s sell off

Par spragueoperati | mars 13, 2018 | 0 commentaire

Recap: The bullish mood from Friday failed to firmly take root in the new trading week. While the crude oil market opened Sunday slightly higher the products did not and […]

April NYMEX Natural Gas Futures Contracts Closed at $2.732 on Friday, March 9th

Par spragueoperati | mars 12, 2018 | 0 commentaire

Friday, March 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.726, three cents below Thursday’s closing price of $2.756.  Despite wintry conditions covering much of the east […]

For the first time in seven weeks the Baker Hughes drilling report showed a decline in the number of oil drilling rigs operating in the US

Par spragueoperati | mars 12, 2018 | 0 commentaire

Recap: After a two day decline in the oil markets, the bulls came charging back into the market today, following a strong stock market. The equities market found positive news […]

New England Energy Market Developments

Par spragueoperati | mars 12, 2018 | 0 commentaire

It is hard to forget the start of 2018 as the Cold Snap that descended upon the region tied or set new record-low temperatures and record high-energy prices.  Some portions […]

A strong rebound in the value of the dollar appeared to keep the oil market from gaining any real traction toward the upside

Par spragueoperati | mars 9, 2018 | 0 commentaire

Recap: The bulls in the oil market remained on the defensive for the second day in a row.  While the stock market rebounded today, the strong rebound in the value […]

April NYMEX Natural Gas Futures Contracts Closed at $2.756

Par spragueoperati | mars 9, 2018 | 0 commentaire

Thursday, March 8th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.782, slightly above Wednesday’s closing price of $2.777.  Posting notable losses through the session’s opening hour, prices […]

April NYMEX Natural Gas Futures Contracts Closed at $2.777 on Wednesday, March 7th

Par spragueoperati | mars 8, 2018 | 0 commentaire

Wednesday, March 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.777, three cents above Tuesday’s closing price of $2.749.  Adding a penny as markets opened to reach […]

The market traded lower as US oil production increased to a record high of 10.369 million bpd on the week

Par spragueoperati | mars 8, 2018 | 0 commentaire

Recap: The oil market on Wednesday traded mostly sideways in overnight trading before it breached its previous losses and sold off to $61.65 ahead of the release of the EIA’s […]