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Oil Futures Continued to Struggle for Direction on Friday

By spragueoperati | August 29, 2022 | Comments Off on Oil Futures Continued to Struggle for Direction on Friday

Recap:  Oil futures continued to struggle for direction on Friday, bouncing between gains and losses, as investors wait to hear more news about a potential nuclear deal with Iran and […]

September NYMEX Natural Gas Futures Contract Closed at $9.375 on Thursday, August 25th

By spragueoperati | August 26, 2022 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $9.375 on Thursday, August 25th

Thursday, August 25th saw the September NYMEX Natural Gas Futures Contract open at $9.341, just above Wednesday’s closing price $9.330. In a relatively quiet day, prices traded along either side […]

Thursday Proved to be Another Choppy Day for Crude Oil Futures

By spragueoperati | August 26, 2022 | Comments Off on Thursday Proved to be Another Choppy Day for Crude Oil Futures

Recap:  Thursday proved to be another choppy day for crude oil futures, as prices bounced between gains and losses. Investors initially took OPEC's talk this week of production cuts as […]

September NYMEX Natural Gas Futures Contract Closed at $9.330 on Wednesday, August 24th

By spragueoperati | August 25, 2022 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $9.330 on Wednesday, August 24th

Wednesday, August 24th saw the September NYMEX Natural Gas Futures Contract open at $9.232, four cents above Tuesday’s closing price $9.193. Falling to an intraday low of $9.100 near 10:30AM, […]

Prices Bounced Between Gains and Losses After the Weekly EIA Report Showed a Drop in U.S. Crude Oil Inventories

By spragueoperati | August 25, 2022 | Comments Off on Prices Bounced Between Gains and Losses After the Weekly EIA Report Showed a Drop in U.S. Crude Oil Inventories

Recap:  Trading in oil futures on Wednesday was extremely choppy, as prices bounced between gains and losses after the weekly EIA report showed a drop in U.S. crude oil inventories […]

September NYMEX Natural Gas Futures Contract Closed at $9.193 on Tuesday, August 23rd

By spragueoperati | August 24, 2022 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $9.193 on Tuesday, August 23rd

Tuesday, August 23rd saw the September NYMEX Natural Gas Futures Contract open at $9.753, seven cents above Monday’s closing price $9.680. Continuing the Monday’s rally, prices rose to a fresh […]

Oil Prices Jumped on Tuesday After the Saudi Energy Minister Said OPEC and its Allies Could Cut Production

By spragueoperati | August 24, 2022 | Comments Off on Oil Prices Jumped on Tuesday After the Saudi Energy Minister Said OPEC and its Allies Could Cut Production

Recap: Oil prices jumped on Tuesday after the Saudi Energy minister said OPEC and its allies could cut production amid “harmful volatility” in the market. Prince Abdulaziz bin Salman told […]

September NYMEX Natural Gas Futures Contract Closed at $9.680 on Monday, August 22nd

By spragueoperati | August 23, 2022 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $9.680 on Monday, August 22nd

Monday, August 22nd saw the September NYMEX Natural Gas Futures Contract open at $9.863, fifty-three cents above Friday’s closing price $9.336. In response to surging European prices, the contract rose […]

Saudi Energy Minister Said OPEC+ Could Cut Production to Confront Market Challenges

By spragueoperati | August 23, 2022 | Comments Off on Saudi Energy Minister Said OPEC+ Could Cut Production to Confront Market Challenges

Recap: After falling by more than 3%, oil futures gained traction to slice into losses after the Saudi energy minister said OPEC+ could cut production to confront market challenges. Saudi […]

September NYMEX Natural Gas Futures Contract Closed at $9.336 on Friday, August 19th

By spragueoperati | August 22, 2022 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $9.336 on Friday, August 19th

Friday, August 19th saw the September NYMEX Natural Gas Futures Contract open at $8.973, twenty-one cents below Monday’s closing price $9.188. Marking the intraday low of $8.935 within minutes of […]