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WTI Erased Earlier Gains and Fell As Much As 6.1% to $95.73 a Barrel After an EIA Report Showed an Unexpected Week-on-Week Increase

By spragueoperati | April 7, 2022 | 0 Comments

Recap: WTI erased earlier gains and fell as much as 6.1% to $95.73 a barrel after an EIA report showed an unexpected week-on-week increase in U.S. crude oil inventories, and […]

May NYMEX Natural Gas Futures Contract Closed at $6.032 on Tuesday, April 5th

By spragueoperati | April 6, 2022 | 0 Comments

Tuesday, April 5th saw the May NYMEX Natural Gas Futures Contract open at of $5.955, twenty-four cents above Monday’s closing price of 5.712. Falling to the intraday low of $5.938 […]

Oil Prices Traded Lower in Volatile Trading on Tuesday as Growing Worries About Coronavirus Demand Destruction Offset Supply Concerns

By spragueoperati | April 6, 2022 | 0 Comments

Recap: Oil prices traded lower in volatile trading on Tuesday as growing worries about coronavirus demand destruction offset supply concerns after the United States and Europe planned to impose new […]

May NYMEX Natural Gas Futures Contract Closed at $5.712 on Monday, April 4th

By spragueoperati | April 5, 2022 | 0 Comments

Monday, April 4th saw the May NYMEX Natural Gas Futures Contract open at of $5.791, seven cents above Friday’s closing price of $5.720. Seeking direction early on, prices fell to […]

Oil Prices Climbed as Much as 4% on Monday, with Investors Worried About Tighter Supply

By spragueoperati | April 5, 2022 | 0 Comments

Recap: Oil prices climbed as much as 4% on Monday, with investors worried about tighter supply as mounting civilian deaths in Ukraine increased pressure on European countries to impose sanctions […]

May NYMEX Natural Gas Futures Contract Closed at $5.720 on Friday, April 1st

By spragueoperati | April 4, 2022 | 0 Comments

Friday, April 1st saw the May NYMEX Natural Gas Futures Contract open at of $5.562, nearly even to Thursday’s closing price of $5.642. Ascending from the intraday low of $5.538 […]

Oil Futures Opened Friday’s Session Trading to the Upside but Quickly Turned Lower

By spragueoperati | April 4, 2022 | 0 Comments

Recap: Oil futures opened Friday’s session trading to the upside but quickly turned lower after other Western nations planned to join the U.S. in releasing oil from strategic reserves. The […]

May NYMEX Natural Gas Futures Contract Closed at $5.642 on Thursday, March 31st

By spragueoperati | April 1, 2022 | 0 Comments

Thursday, March 31st saw the May NYMEX Natural Gas Futures Contract open at of $5.606, nearly even to Wednesday’s closing price of $5.605. Ascending from an intraday low of $5.565 […]

Oil Prices Slid on Thursday as U.S. President Joe Biden Announced the Largest Release of Oil from the Country’s Strategic Petroleum Reserve Ever

By spragueoperati | April 1, 2022 | 0 Comments

Recap: Oil prices slid on Thursday as U.S. President Joe Biden announced the largest release of oil from the country's strategic petroleum reserve ever on Thursday, an aggressive move that […]

May NYMEX Natural Gas Futures Contract Closed at $5.605 on Wednesday, March 30th

By spragueoperati | March 31, 2022 | 0 Comments

Wednesday, March 30th saw the May NYMEX Natural Gas Futures Contract open at of $5.420, eleven cents above Tuesday’s closing price of $5.330. Finding the intraday low of $5.391 soon […]