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Oil prices jumped 1% on the first day of trading of the new year

By spragueoperati | January 4, 2022 | 0 Comments

Recap: Oil futures ended higher on Monday, supported by tight supply, a strong U.S. dollar and hopes of a further demand recovery in 2022, despite OPEC+ looking set to agree […]

February NYMEX Natural Gas Futures Contract Closed at $3.561 on Thursday, December 30th

By spragueoperati | December 31, 2021 | 0 Comments

Thursday, December 30th – saw the front-month NYMEX Natural Gas Futures Contract open at of $3.754, almost thirty cents below Wednesday’s closing price of $4.055. February’s contract price would fall […]

Oil futures settled higher on Thursday

By spragueoperati | December 31, 2021 | 0 Comments

Recap: Oil futures settled higher on Thursday as concerns about the impact the omicron variant will have on the global economy begin to wane and on signs of falling inventories […]

February NYMEX Natural Gas Futures Contract Closed at $3.850 on Wednesday, December 29th

By spragueoperati | December 30, 2021 | 0 Comments

Wednesday, December 29th saw the front-month NYMEX Natural Gas Futures Contract open at $4.033, two cents below Wednesday’s closing price of $4.055. Prices would hit an intraday high of $4.041 […]

Both Brent and WTI traded at their highest level in a month after the release of the EIA report

By spragueoperati | December 30, 2021 | 0 Comments

Recap: Oil futures steadied on Wednesday, after government data showed U.S. crude and fuel inventories fell last week, but concern that rising coronavirus cases might reduce demand weighed on prices. […]

January NYMEX Natural Gas Futures Contract Closed at $4.055 on Tuesday, December 28th

By spragueoperati | December 29, 2021 | 0 Comments

Tuesday, December 28th saw the front-month NYMEX Natural Gas Futures Contract open at $3.972, almost nine cents below Monday’s closing price of $4.060. Prices would drop to their intraday low […]

 WTI gained for the fifth straight session

By spragueoperati | December 29, 2021 | 0 Comments

Recap: WTI gained for the fifth straight session, but fell from session highs, as investors placed bets that the omicron variant of coronavirus would have only limited impact on economic growth. […]

January NYMEX Natural Gas Futures Contract Closed at $4.060 on Monday, December 27th

By spragueoperati | December 28, 2021 | 0 Comments

Monday, December 27th – saw the front-month NYMEX Natural Gas Futures Contract open at an intraday low of $3.884, fifteen cents above Thursday’s closing price of $3.731. Prices saw steady, […]

Oil futures rose to their highest level since November

By spragueoperati | December 28, 2021 | 0 Comments

Recap: Despite surging cases of the Omicron coronavirus variant, oil futures pulled out gains on Monday, rising to their highest level since November on hopes that there would be a […]

January NYMEX Natural Gas Futures Contract Closed at $3.731 on Thursday, December 23rd

By spragueoperati | December 27, 2021 | 0 Comments

Thursday, December 23rd – saw the front-month NYMEX Natural Gas Futures Contract open at $3.792 eighteen cents below Wednesday’s closing price of $3.976. Continuing the pre-session decline, prices slipped to […]