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WTI and Brent both rose around 48% year-to-date

By spragueoperati | August 4, 2021 | 0 Comments

Recap: Oil prices seesawed between negative and positive territory in what was a volatile session, as concern over the rising cases of the Delta coronavirus variant weighed on prices while expectations […]

September NYMEX Natural Gas Futures Contract Closed at $3.935 on Monday, August 2nd

By spragueoperati | August 3, 2021 | 0 Comments

Monday, August 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $3.970, six cents above Friday’s closing price of $3.914.  Ascending to an intraday high of $4.042 by […]

Oil futures opened higher on Monday

By spragueoperati | August 3, 2021 | 0 Comments

Recap: Oil futures opened higher on Monday, but failed above the unchanged level on weak Chinese data and as traders assessed the spread of the Delta variant of the coronavirus that […]

September NYMEX Natural Gas Futures Contract Closed at $3.914 on Friday, July 30th

By spragueoperati | August 2, 2021 | 0 Comments

Friday, July 30th saw the front-month NYMEX Natural Gas Futures Contract open at $3.942, nearly twelve cents below Thursday’s closing price of $4.059.  Marking the intraday high of $3.952 within […]

Oil futures rebounded after opening lower on the day

By spragueoperati | August 2, 2021 | 0 Comments

Recap: Oil futures rebounded after opening lower on the day, but remained on track to post weekly gains with demand growing faster than supply, while vaccinations are expected to alleviate the […]

September NYMEX Natural Gas Futures Contract Closed at $4.059 on Thursday, July 29th

By spragueoperati | July 30, 2021 | 0 Comments

Thursday, July 29th saw the front-month NYMEX Natural Gas Futures Contract open at $3.970, just above Wednesday’s closing price of $3.967.  Marking the intraday low of $3.969 early on, prices […]

Oil futures continue to grow as data showed a decline in U.S. crude oil inventories

By spragueoperati | July 30, 2021 | 0 Comments

Recap:  Oil futures resumed their ascent on Thursday, after data released on Wednesday showed U.S. crude oil inventories falling by 4.1 million barrels for the week ended July 23, marking […]

August NYMEX Natural Gas Futures Contract Settled at $4.044 on Wednesday, July 28th

By spragueoperati | July 29, 2021 | 0 Comments

Wednesday, July 28th – settlement day for the August contract – saw the front-month NYMEX Natural Gas Futures Contract open at $3.997, two cents above Tuesday’s closing price of $3.971.  […]

The EIA reported a 4.1 million barrel drop in U.S. crude oil inventories

By spragueoperati | July 29, 2021 | 0 Comments

Recap: Oil futures rose on Wednesday, as the focus has shifted from the spread of COVID-19 to tight supplies after the EIA reported a 4.1 million barrel drop in U.S. crude […]

August NYMEX Natural Gas Futures Contract Closed at $3.971

By spragueoperati | July 28, 2021 | 0 Comments

Tuesday, July 27th saw the front-month NYMEX Natural Gas Futures Contract open at $4.036, seven cents below Monday’s closing price of $4.102.  Marking an intraday high of $4.052 within minutes […]