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Oil futures hit three year highs as natural gas and coal prices continue to rise

By spragueoperati | October 18, 2021 | 0 Comments

Recap:  Oil futures hit fresh three year highs on Friday, with Brent topping $85 a barrel and WTI climbing back above the $82 mark. Forecasts of supply deficits over the […]

November NYMEX Natural Gas Futures Contract Closed at $5.687 on Thursday, October 15th

By spragueoperati | October 15, 2021 | 0 Comments

Thursday, October 14th saw the front-month NYMEX Natural Gas Futures Contract open at $5.821, twenty-three cents above Wednesday’s closing price of $5.590. Trading sideways near $5.810 heading into the weekly […]

Domestic crude inventories increased more than 6 million barrels last week

By spragueoperati | October 15, 2021 | 0 Comments

Recap: Oil futures pared early gains after the EIA report showed U.S. crude oil stockpiles increasing by the most since March. Futures in New York climbed as much as 1.5% earlier […]

November NYMEX Natural Gas Futures Contract Closed at $5.590 on Wednesday, October 14th

By spragueoperati | October 14, 2021 | 0 Comments

Wednesday, October 13th saw the front-month NYMEX Natural Gas Futures Contract open at $5.481, two cents below Tuesday’s closing price of $5.505. Losing ground early on as weather forecasts remain […]

Refinery margins for distillate fuels are expected to surge about 47% this winter

By spragueoperati | October 14, 2021 | 0 Comments

Recap: Oil futures pulled back on Wednesday on expectations that demand growth will slip as inflation and supply chain issues strain major economies. However, swelling power generation prices limited losses. Weighing […]

November NYMEX Natural Gas Futures Contract Closed at $5.505 on Tuesday, October 12th

By spragueoperati | October 13, 2021 | 0 Comments

Tuesday, October 12th saw the front-month NYMEX Natural Gas Futures Contract open at $5.242, ten cents below Monday’s closing price of $5.345. Finding a two-week intraday low of $5.210 shortly […]

WTI has moved forward for the fourth session in a row

By spragueoperati | October 13, 2021 | 0 Comments

Recap: Oil futures continued to perform strongly on Tuesday, remaining close to seven year highs, but ended the session on a mixed note. WTI has moved forward for the fourth […]

November NYMEX Natural Gas Futures Contract Closed at $5.345 on Monday, October 11th

By spragueoperati | October 12, 2021 | 0 Comments

Monday, October 11th saw the front-month NYMEX Natural Gas Futures Contract open at $5.439 nearly thirteen cents below Friday’s closing price of $5.565.  Falling to an intraday low of $5.308 […]

Demand for energy has picked up as the global economy continues to recover from the pandemic

By spragueoperati | October 12, 2021 | 0 Comments

Recap: Oil prices extended gains to scale multi-year peaks on Monday, fueled by the rebound in global demand that has also contributed to power and gas shortages in key economies like […]

November NYMEX Natural Gas Futures Contract Closed at $5.565 on Friday, October 8th

By spragueoperati | October 11, 2021 | 0 Comments

Friday, October 8th saw the front-month NYMEX Natural Gas Futures Contract open at $5.685, a penny above Thursday’s closing price of $5.677. Reaching an intraday high of $5.727 soon after […]