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An Unexpected Increase in Crude Stocks Weighed on the Market

By spragueoperati | January 20, 2023 | Comments Off on An Unexpected Increase in Crude Stocks Weighed on the Market

Recap:  On Thursday, the oil market extended its losses seen on Wednesday as an unexpected increase in crude stocks weighed on the market along with concerns over possible recession following […]

February NYMEX Natural Gas Futures Contract Closed at $3.311 on Wednesday, January 18th

By spragueoperati | January 19, 2023 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.311 on Wednesday, January 18th

Wednesday, January 18th saw the February NYMEX Natural Gas Futures Contract open at $3.410, nearly eighteen cents above Tuesday’s closing price of $3.586. Trading along either side of $3.435 through […]

The Market Weighed Concerns Over a Possible Recession

By spragueoperati | January 19, 2023 | Comments Off on The Market Weighed Concerns Over a Possible Recession

Recap: The oil market ended the session lower on Wednesday as the market weighed concerns over a possible recession against expectations that the lifting of China’s COVID-19 restrictions will lead […]

February NYMEX Natural Gas Futures Contract Closed at $3.586 on Tuesday, January 17th

By spragueoperati | January 18, 2023 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.586 on Tuesday, January 17th

Tuesday, January 17th saw the February NYMEX Natural Gas Futures Contract open at $3.691, twenty-seven cents above Friday’s closing price of $3.419. Marking the intraday high of $3.767 within minutes […]

The Market Continued on its Upward Trend on Tuesday

By spragueoperati | January 18, 2023 | Comments Off on The Market Continued on its Upward Trend on Tuesday

Recap: The oil market continued on its upward trend on Tuesday following Monday’s shortened trading session due to the Martin Luther King, Jr. holiday. The market was supported as easing […]

European Union Prepares to Stop Fuel Imports from Russia

By spragueoperati | January 17, 2023 | Comments Off on European Union Prepares to Stop Fuel Imports from Russia

Recap: There are no settlements due to the Martin Luther King, Jr. holiday. Fundamental News:  IIR Energy reported that U.S. oil refiners are expected to shut in about 1,213,000 bpd […]

The U.S. Dollar Fell to a Nine-Month Low

By spragueoperati | January 16, 2023 | Comments Off on The U.S. Dollar Fell to a Nine-Month Low

Recap:  The oil market continued on its upward trend as the U.S. dollar fell to a nine-month low a day after data showed that inflation fell for the first time […]

Kildair: Forced Labour and Child Labour Report 2023

By spragueoperati | January 14, 2023 | Comments Off on Kildair: Forced Labour and Child Labour Report 2023

Forced Labour and Child Labour Report 2023 This report is made in accordance with the Canadian Act to Enact Fighting Against Forced Labour and Child Labour in Supply Chains (the […]

Sprague: Forced Labour and Child Labour Report 2023

By spragueoperati | January 14, 2023 | Comments Off on Sprague: Forced Labour and Child Labour Report 2023

Forced Labour and Child Labour Report 2023 This report is made in accordance with the Canadian Act to Enact Fighting Against Forced Labour and Child Labour in Supply Chains (the […]

February NYMEX Natural Gas Futures Contract Closed at $3.685 on Wednesday, January 12th

By spragueoperati | January 13, 2023 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.685 on Wednesday, January 12th

Thursday, January 12th saw the February NYMEX Natural Gas Futures Contract open at $3.808, fourteen cents above Wednesday’s closing price of $3.671. Trading along either side of $3.865 through 10:00AM […]