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Natural gas and electricity price fluctuations in New England are causing concerns as the winter season approaches

By spragueoperati | October 11, 2021 | 0 Comments

Natural gas and electricity price fluctuations in New England are causing concerns as the winter season quickly approaches.  The current natural gas storage levels combined with increased demand on New […]

The oil market reached the $80 level for the first time since November 2014

By spragueoperati | October 11, 2021 | 0 Comments

Recap: On Friday, the oil market continued to trend higher and reached the $80 level for the first time since November 2014, lifted by a global energy crunch that has helped […]

November NYMEX Natural Gas Futures Contract Closed at $5.677 on Thursday, October 7th

By spragueoperati | October 8, 2021 | 0 Comments

Thursday, October 7th saw the front-month NYMEX Natural Gas Futures Contract open at $5.615, six cents below Wednesday’s closing price of $5.675. Tallying an intraday high of $5.741 soon after […]

Oil markets have been on a steady rise due to tight supplies worldwide

By spragueoperati | October 8, 2021 | 0 Comments

Recap:  After falling by 3% in early morning trading, oil futures resumed their move to the upside Thursday, on reports that the U.S. may not release crude oil reserves in […]

November NYMEX Natural Gas Futures Contract Closed at $5.675 on Wednesday, October 6th

By spragueoperati | October 7, 2021 | 0 Comments

Wednesday, October 6th saw the front-month NYMEX Natural Gas Futures Contract open at $6.054, twenty-six cents below Tuesday’s closing price of $6.312. Marking an intraday of $6.057 soon after the […]

The EIA reported U.S. crude oil inventories increased 2.3 million barrels

By spragueoperati | October 7, 2021 | 0 Comments

Recap: Crude oil futures shook off early gains on Wednesday, after Russia announced it would increase supplies of natural gas to Europe and after the EIA reported U.S. crude oil inventories […]

November NYMEX Natural Gas Futures Contract Closed at $6.312 on Tuesday, October 5th

By spragueoperati | October 6, 2021 | 0 Comments

Tuesday, October 5th saw the front-month NYMEX Natural Gas Futures Contract open at $6.046, twenty-eight cents above Monday’s closing price of $5.766. Marking the intraday low of $6.000 minutes after […]

Oil futures rose to fresh seven year highs

By spragueoperati | October 6, 2021 | 0 Comments

Recap: Oil futures rose to fresh seven year highs on Tuesday after closing in overbought territory on Monday. Oil prices were still gaining on the news that OPEC and its […]

November NYMEX Natural Gas Futures Contract Closed at $5.766 on Monday, October 4th

By spragueoperati | October 5, 2021 | 0 Comments

Monday, October 4th saw the front-month NYMEX Natural Gas Futures Contract open at $5.877, sixteen cents above Friday’s closing price of $5.619. Ascending to an intraday high of $6.064 ahead […]

WTI settled at its highest level since 2014

By spragueoperati | October 5, 2021 | 0 Comments

Recap: Oil futures rallied on Monday, with WTI settling at its highest level since 2014, after OPEC and its allies maintained its current agreement to gradually raise crude oil production […]