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The possibility of crude oil hitting $100 a barrel caused oil prices to increase

Par spragueoperati | mai 23, 2018 | 0 commentaire

Recap: Oil prices posted gains early in the session, as the possibility of crude oil hitting $100 a barrel began to sink in. Prices continue to gain strength from geopolitical […]

June NYMEX Natural Gas Futures Contracts Closed at $2.908 on Tuesday, May 22nd

Par spragueoperati | mai 23, 2018 | 0 commentaire

Tuesday, May 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.850, four cents above Monday’s closing price of $2.810.  Launching from the intraday low of $2.842 soon […]

Oil prices recovered following discussions about the issuing of new debt to Venezuela

Par spragueoperati | mai 22, 2018 | 0 commentaire

Recap: After opening the session at basically unchanged, oil prices drifted sideways in overnight trading before dipping below Friday’s close. Prices recovered following discussions between U.S. President Donald Trump, Russia […]

June NYMEX Natural Gas Futures Contracts Closed at $2.810 on Monday, May 21st

Par spragueoperati | mai 22, 2018 | 0 commentaire

Monday, May 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.829, two cents below Friday’s closing price of $2.847.  Climbing to the intraday high of $2.847 out […]

Traders were focused on Venezuela’s presidential election that was held on Sunday

Par spragueoperati | mai 21, 2018 | 0 commentaire

Recap: Oil prices slipped on Friday; however, WTI posted its fourth straight week of gains, while Brent settled higher for the sixth straight week. The lack of new fundamentals is […]

Oil prices reached fresh 3.5 year highs

Par spragueoperati | mai 18, 2018 | 0 commentaire

Recap: Oil prices reached fresh 3 ½ year highs, with Brent topping $80 a barrel for the first time since November 2014 and WTI tipping the charts above $72 a […]

June NYMEX Natural Gas Futures Contracts Closed at $2.859 on Thursday, May 17th

Par spragueoperati | mai 18, 2018 | 0 commentaire

Thursday, May 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.794, two cents below Wednesday’s closing price of $2.815.  Tumbling to the intraday low of $2.780 by […]

EIA reported a 1.4 million barrel draw in U.S. crude oil stocks

Par spragueoperati | mai 17, 2018 | 0 commentaire

Recap: Wednesday’s trading activity was a mirror image of Tuesday’s session, with oil prices trading in a mixed fashion. WTI bounced on its initial reaction to the EIA’s report of […]

June NYMEX Natural Gas Futures Contracts Closed at $2.815 on Wednesday, May 16th

Par spragueoperati | mai 17, 2018 | 0 commentaire

Wednesday, May 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.818, two cents below Tuesday’s closing price of $2.836.  Falling to the intraday low of $2.809 soon […]

WTI spent most of the session trading to the downside, while Brent held early gains

Par spragueoperati | mai 16, 2018 | 0 commentaire

Recap: Oil prices were mixed on Tuesday, with WTI spending the better part of the session trading to the downside, while Brent held early gains. After posting a fresh multi-year […]