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

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

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 | Commentaires fermés sur 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

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 | Commentaires fermés sur New England Energy Market Developments

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

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 | Commentaires fermés sur April NYMEX Natural Gas Futures Contracts Closed at $2.756

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

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

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

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 | Commentaires fermés sur The inventory report is expected to reflect an increase of 3 million barrels of oil

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 […]