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Concern About the Outlook for Fuel Demand Increased

By spragueoperati | December 16, 2022 | Comments Off on Concern About the Outlook for Fuel Demand Increased

Recap:  Oil futures fell on Thursday, as concern about the outlook for fuel demand increased, and as the U.S. dollar strengthened amid further interest rate hikes by global central banks, […]

January NYMEX Natural Gas Futures Contract Closed at $6.430 on Wednesday, December 14th

By spragueoperati | December 15, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $6.430 on Wednesday, December 14th

Wednesday, December 14th saw the January NYMEX Natural Gas Futures Contract open at $6.639, thirty cents below Tuesday’s closing price of $6.935. Marking the intraday high of $6.708 within minutes […]

Oil Futures Rose to Their Highest Level in Just Over a Week

By spragueoperati | December 15, 2022 | Comments Off on Oil Futures Rose to Their Highest Level in Just Over a Week

Recap : Despite a whopping 10.2 million barrel increase in U.S. crude oil inventories, oil futures rose to their highest level in just over a week, supported by the International […]

January NYMEX Natural Gas Futures Contract Closed at $6.935 on Tuesday, December 13th

By spragueoperati | December 14, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $6.935 on Tuesday, December 13th

Tuesday, December 13th saw the January NYMEX Natural Gas Futures Contract open at $6.995, forty-one cents above Monday’s closing price of $6.587. Chopping around either side of $7.025 through the […]

Pipeline to the U.S. Remained Shut Amid What Potentially Could Be One of the Coldest Cold Snaps

By spragueoperati | December 14, 2022 | Comments Off on Pipeline to the U.S. Remained Shut Amid What Potentially Could Be One of the Coldest Cold Snaps

Recap:  Oil futures rose on Tuesday, as an important pipeline to the U.S. remained shut amid what potentially could be one of the coldest of cold snaps in decades. This, […]

January NYMEX Natural Gas Futures Contract Closed at $6.587 on Monday, December 12th

By spragueoperati | December 13, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $6.587 on Monday, December 12th

Monday, December 12th saw the January NYMEX Natural Gas Futures Contract open at $6.874, nearly sixty-three cents above Friday’s closing price of $6.245. Moving higher prior to the open and […]

A Key Pipeline Supplying the United States Closed

By spragueoperati | December 13, 2022 | Comments Off on A Key Pipeline Supplying the United States Closed

Recap:  Oil prices gained about $2 a barrel on Monday on supply jitters, as a key pipeline supplying the United States closed and Russia threatened a production cut even as […]

January NYMEX Natural Gas Futures Contract Closed at $6.245 on Friday, December 9th

By spragueoperati | December 12, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $6.245 on Friday, December 9th

Friday, December 9th saw the January NYMEX Natural Gas Futures Contract open at $6.187, nearly twenty-three cents above Thursday’s closing price of $5.962. Making gains early on as traders continue […]

Oil Prices Spent the Week Struggling on the Upside

By spragueoperati | December 12, 2022 | Comments Off on Oil Prices Spent the Week Struggling on the Upside

Recap:  Oil prices spent the week struggling on the upside despite multiple bullish catalysts. The unpredictability of this market has left traders scratching their heads and leery of taking on […]

January NYMEX Natural Gas Futures Contract Closed at $5.962 on Thursday, December 8th

By spragueoperati | December 9, 2022 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $5.962 on Thursday, December 8th

Thursday, December 8th saw the January NYMEX Natural Gas Futures Contract open at $5.860, fourteen cents above Wednesday’s closing price of $5.723. Marking the intraday low of $5.808 within minutes […]