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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 […]

April NYMEX Natural Gas Futures Contracts Closed at $2.749 on Tuesday, March 6th

Par spragueoperati | mars 7, 2018 | 0 commentaire

Tuesday, March 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.732, three cents above Monday’s closing price of $2.704.  Directed higher overnight by below-average forecasts, prices traded […]

The inventory report is expected to reflect an increase of 3 million barrels of oil

Par spragueoperati | mars 7, 2018 | 0 commentaire

Recap: Oil prices were mixed on Tuesday, trading within a tight range ahead of the API inventory report. Brent was the stronger of the two blends, holding onto gains as Europe […]

Monday was the largest one day gain in almost three weeks for oil prices

Par spragueoperati | mars 6, 2018 | 0 commentaire

Recap: Oil prices began the session trading close to unchanged, but quickly reversed course, as the stock market headed higher, adding to the upside momentum were signs that OPEC and […]

April NYMEX Natural Gas Futures Contracts Closed at $2.704 on Monday, March 5th

Par spragueoperati | mars 6, 2018 | 0 commentaire

Monday, March 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.712, nearly two cents above Friday’s closing price of 2.695.  After recovering from overnight trading that saw […]

April NYMEX Natural Gas Futures Contracts Closed at $2.695 on Friday, March 2nd

Par spragueoperati | mars 5, 2018 | 0 commentaire

Friday, March 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.713, nearly two cents above Thursday’s closing price of $2.698.  Rising to the intraday high of $2.720 […]