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A Rebound Ensued, with Both Brent and WTI Jumping Over the $115 Level

By spragueoperati | May 18, 2022 | 0 Comments

Recap: Oil prices seesawed throughout the session on Tuesday, initially opening lower in early Asian trade after the European Union’s efforts to enact a ban on Russian oil imports, a […]

June NYMEX Natural Gas Futures Contract Closed at $7.956 on Monday, May 16th

By spragueoperati | May 17, 2022 | 0 Comments

Monday, May 16th saw the June NYMEX Natural Gas Futures Contract open at $7.849, nearly nineteen cents above Friday’s closing price of $7.663. Surging upward after the opening bell to […]

Crude Markets Are Riding a Bullish Wave for Refined Fuels in the US

By spragueoperati | May 17, 2022 | 0 Comments

Recap:  WTI surged to its highest since March 23, finishing up 3.4% at $114.20 a barrel. Higher stock market prices on Wall Street gave a bullish jolt to risk appetite […]

June NYMEX Natural Gas Futures Contract Closed at $7.663 on Friday, May 13th

By spragueoperati | May 16, 2022 | 0 Comments

Friday, May 13th saw the June NYMEX Natural Gas Futures Contract open at $7.881, fourteen cents above Thursday’s closing price of $7.739. Achieving the intraday high of $7.911 out of […]

RBOB Futures Surged to a Record Close on Friday, Boosting Crude Oil to a Positive Weekly Finish

By spragueoperati | May 16, 2022 | 0 Comments

Recap:  RBOB futures surged to a record close on Friday, boosting crude oil to a positive weekly finish. Driving today's large gains was a rebound in risk appetite as US […]

June NYMEX Natural Gas Futures Contract Closed at $7.739 on Thursday, May 12th

By spragueoperati | May 13, 2022 | 0 Comments

Thursday, May 12th saw the June NYMEX Natural Gas Futures Contract open at $7.383, twenty-six cents below Wednesday’s closing price of $7.640. Marking the intraday low of $7.271 out of […]

Oil Futures Slipped in Early Trading on Thursday, as Traders Struggle With the Direction of This Market

By spragueoperati | May 13, 2022 | 0 Comments

Recap: Oil futures slipped in early trading on Thursday, as traders struggle with the direction of this market amid continued COVID lockdowns in China, high inflation fears and the Russian […]

June NYMEX Natural Gas Futures Contract Closed at $7.640 on Wednesday, May 11th

By spragueoperati | May 12, 2022 | 0 Comments

Wednesday, May 11th saw the June NYMEX Natural Gas Futures Contract open at $7.617, twenty-three cents above Tuesday’s closing price of $7.385. Sinking to the intraday low of $7.617 early […]

Oil Futures Shrugged Off the 8.5 Million Barrel Increase in U.S. Crude Oil Inventories

By spragueoperati | May 12, 2022 | 0 Comments

Recap: Oil futures shrugged off the 8.5 million barrel increase in U.S. crude oil inventories, to turn markedly higher on the day after the EIA released its report showing a 3.6 […]

June NYMEX Natural Gas Futures Contract Closed at $7.385 on Tuesday, May 10th

By spragueoperati | May 11, 2022 | 0 Comments

Tuesday, May 10th saw the June NYMEX Natural Gas Futures Contract open at $6.516, fifty-one cents below Monday’s closing price of $7.026. Tallying the intraday low of $6.505 within minutes […]