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July NYMEX Natural Gas Futures Contract Closed at $3.070 on Monday, June 7th

By spragueoperati | June 8, 2021 | 0 Comments

Monday, June 7th saw the front-month NYMEX Natural Gas Futures Contract open at $3.054, four cents below Friday’s closing price of $3.097.  Falling to an intraday low of $3.033 at […]

Oil futures pulled back from two-year highs on Monday

By spragueoperati | June 8, 2021 | 0 Comments

Recap: Oil futures pulled back from two-year highs on Monday, pressured by the prospect of higher Iranian exports and lower Chinese demand. However, increased demand expectations for both Europe and the […]

July NYMEX Natural Gas Futures Contract Closed at $3.097 on Friday, June 4th

By spragueoperati | June 7, 2021 | 0 Comments

Friday, June 4th saw the front-month NYMEX Natural Gas Futures Contract open at $3.050, a penny above Thursday’s closing price of $3.041.  Slipping to an intraday low of $3.024 by […]

Oil futures extended gains on Friday

By spragueoperati | June 7, 2021 | 0 Comments

Recap: Oil futures extended gains on Friday, as optimistic expectations for crude demand help set prices up for a weekly gain of around 5%. OPEC+ supply discipline and recovering demand countered […]

Commodity prices fell as the U.S. jobs report numbers exceeded estimates

By spragueoperati | June 4, 2021 | 0 Comments

Recap:  Commodities prices dropped across the board on Thursday, as investors considered the impact the recent U.S. jobs report would have on the Fed’s policy and inflation. Businesses added 978,000 […]

July NYMEX Natural Gas Futures Contract Closed at $3.041 on Thursday, June 3rd

By spragueoperati | June 4, 2021 | 0 Comments

Thursday, June 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.062, a penny below Wednesday’s closing price of $3.075.  Slipping to an intraday low of $3.032 shortly […]

July NYMEX Natural Gas Futures Contract Closed at $3.075 on Wednesday, June 2nd

By spragueoperati | June 3, 2021 | 0 Comments

Wednesday, June 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $3.103, nearly even to Tuesday’s closing price of $3.104.  Marking an intraday high of $3.116 at 9:30AM, […]

Oil futures extended their gains on Wednesday

By spragueoperati | June 3, 2021 | 0 Comments

Recap: Oil futures extended their gains on Wednesday, supported by the OPEC+ decision to stick to its plan to gradually restore supply to the market, as nuclear talks between the U.S. […]

July NYMEX Natural Gas Futures Contract Closed at $3.104 in Tuesday, June 1st

By spragueoperati | June 2, 2021 | 0 Comments

Tuesday, June 1st saw the front-month NYMEX Natural Gas Futures Contract open at $3.068, eight cents above Friday’s closing price of $2.986.  Tallying the intraday low of $3.064 early on, […]

Brent hit its highest level since March

By spragueoperati | June 2, 2021 | 0 Comments

Recap: Oil futures jumped on Monday, with WTI hitting a two-year high, as OPEC+ reconfirmed a gradual increase in production, sticking to the plan agreed upon in April, whereby 2.1 million […]