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August NYMEX Natural Gas Futures Contract Closed at $3.637 on Tuesday, July 6th

By spragueoperati | July 7, 2021 | 0 Comments

Tuesday, July 6th saw the front-month NYMEX Natural Gas Futures Contract open at $3.668, three cents below Friday’s closing price of $3.700.  Following a pre-session rally, where prices tested the […]

WTI hit a six-year high and traded at 479.98 a barrel

By spragueoperati | July 7, 2021 | 0 Comments

Recap: Oil futures ended sharply lower on Tuesday, pressured by uncertainty over the outlook for global crude production after talks between OPEC and its allies collapsed. Before heading lower, WTI […]

August NYMEX Natural Gas Futures Contract Closed at $3.700 on Friday, July 2nd

By spragueoperati | July 6, 2021 | 0 Comments

Friday, July 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $3.647, slightly below Thursday’s closing price of $3.661.  Marking an intraday low of $3.639 soon after the […]

Oil futures traded mixed on Friday after OPEC+ delayed its meeting

By spragueoperati | July 6, 2021 | 0 Comments

Recap: Oil futures traded mixed on Friday after OPEC+ delayed its meeting, with sources saying the United Arab Emirates (UAE) had balked at proposals that included raising supply by 2 […]

August NYMEX Natural Gas Futures Contract Closed at $3.661 on Thursday, July 1st

By spragueoperati | July 2, 2021 | 0 Comments

Thursday, July 1st saw the front-month NYMEX Natural Gas Futures Contract open at $3.730, eight cents above Wednesday’s closing price of $3.650.  Recording the intraday high of $3.748 soon after […]

WTI climbed above $75 a barrel for the first time since October 2018

By spragueoperati | July 2, 2021 | 0 Comments

Recap: WTI climbed above $75 a barrel for the first time since October 2018, as the market waited for a decision from OPEC+ on future production levels. The ministerial panel […]

August NYMEX Natural Gas Futures Contract Closed at $3.650 on Wednesday, June 30th

By spragueoperati | July 1, 2021 | 0 Comments

Wednesday, June 30th saw the front-month NYMEX Natural Gas Futures Contract open at $3.736, nearly eleven cents above Tuesday’s closing price of $3.630.  Marking an intraday high of $3.751 within […]

The EIA reported that U.S. crude oil inventories fell 6.7 million barrels

By spragueoperati | July 1, 2021 | 0 Comments

Recap: Oil futures fell from session highs, but remained in positive territory after the Energy Information Administration said U.S. crude oil inventories fell 6.7 million barrels in the week ending June […]

August NYMEX Natural Gas Futures Contract Closed at $3.630 on Tuesday, June 29th

By spragueoperati | June 30, 2021 | 0 Comments

Tuesday, June 29th saw the front-month NYMEX Natural Gas Futures Contract open at $3.718, nearly thirteen cents above Monday’s closing price of $3.593.  Surging higher throughout the morning to attain […]

Oil futures initially traded to the downside on Tuesday

By spragueoperati | June 30, 2021 | 0 Comments

Recap: Oil futures initially traded to the downside on Tuesday, but recovered, as investors monitored a pickup in the spread of the delta variant of the virus that causes COVID-19 and […]