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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 […]

WTI Dropped Below $100 a Barrel, Hitting a Two-Week Low

By spragueoperati | May 11, 2022 | 0 Comments

Recap: Oil futures continued to slide on Tuesday, falling $10.01 or 9.12% over the last two sessions. WTI dropped below $100 a barrel, hitting a two-week low as the demand […]

June NYMEX Natural Gas Futures Contract Closed at $7.026 on Monday, May 9th

By spragueoperati | May 10, 2022 | 0 Comments

Monday, May 9th saw the June NYMEX Natural Gas Futures Contract open at $7.856, nineteen cents below Friday’s closing price of $8.043. Recording the intraday high of $7.865 within minutes […]

Oil Futures Fell Hard on Monday, Marking the Largest One-Day Percentage Drop Since March 31

By spragueoperati | May 10, 2022 | 0 Comments

Recap: Oil futures fell hard on Monday, marking the largest one-day percentage drop since March 31. Crude oil prices plummeted on news that Saudi Arabia lowered the official selling price […]

June NYMEX Natural Gas Futures Contract Closed at $8.043 on Friday, May 6th

By spragueoperati | May 9, 2022 | 0 Comments

Friday, May 6th saw the June NYMEX Natural Gas Futures Contract open at $8.596, nineteen cents below Thursday’s closing price of $8.783. Tallying the intraday high of $8.639 near 9:15AM, […]

The oil market continued to trade higher for a third consecutive session

By spragueoperati | May 9, 2022 | 0 Comments

Recap: The oil market continued to trade higher for a third consecutive session on Friday as it shrugged off the losses in the global stock markets that pushed the marker […]

June NYMEX Natural Gas Futures Contract Closed at $8.783 on Thursday, May 5th

By spragueoperati | May 6, 2022 | 0 Comments

Thursday, May 5th saw the June NYMEX Natural Gas Futures Contract open at $8.430, nearly two cents above Wednesday’s closing price of $8.415. Trending lower trade near $8.300 by 9:30AM, […]