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Oil futures were slightly higher on Tuesday

By spragueoperati | May 26, 2021 | 0 Comments

Recap: Oil futures were slightly higher on Tuesday as we approach the U.S. Memorial Day Holiday weekend when demand for gasoline typically picks up. Prices also gained as the U.S. dollar […]

June NYMEX Natural Gas Futures Contract Closed at $2.886 on Monday, May 24th

By spragueoperati | May 25, 2021 | 0 Comments

Monday, May 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.833, seven cents below Friday’s closing price of $2.906.  Marking the intraday low of $2.833 as markets […]

Oil futures scored their highest finish in a week

By spragueoperati | May 25, 2021 | 0 Comments

Recap: Oil futures scored their highest finish in a week, as doubts that an Iranian nuclear deal would surface any time soon. A lack of cooperation by Iran, as well […]

June NYMEX Natural Gas Futures Contract Closed at $2.906 on Friday, May 21st

By spragueoperati | May 24, 2021 | 0 Comments

Friday, May 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.908, two cents below Thursday’s closing price of $2.925.  Marking an intraday low of $2.894 at 9:50AM […]

Barclays said a gradual oil demand recovery is largely on track as economies re-open

By spragueoperati | May 24, 2021 | 0 Comments

Recap: On Friday, the oil market posted an outside trading day following three consecutive days of losses, as it continued to trend lower in overnight trading before it rallied sharply higher.  […]

The global oil markets remained on the defensive for the third consecutive day

By spragueoperati | May 21, 2021 | 0 Comments

Recap: The global oil markets remained on the defensive for the third consecutive day today as news reports swirled that Iran could soon see oil sanction relief. The Iranian president Thursday […]

June NYMEX Natural Gas Futures Contract Closed at $2.964 on Wednesday, May 19th

By spragueoperati | May 20, 2021 | 0 Comments

Wednesday, May 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.984, three cents below Tuesday’s closing price of $3.012.  Reaching an intraday high of $2.991 at 9:50AM […]

Oil futures fell to their lowest settlement in more than three weeks

By spragueoperati | May 20, 2021 | 0 Comments

Recap: Oil futures fell on Wednesday, logging their lowest settlement in more than three weeks, pressured by overall losses in the broader financial market, as traders ruminated over the first weekly […]

June NYMEX Natural Gas Futures Contract Closed at $3.012 on Tuesday, May 18th

By spragueoperati | May 19, 2021 | 0 Comments

Tuesday, May 18th saw the front-month NYMEX Natural Gas Futures Contract open at $3.077, three cents below Monday’s closing price of $3.109.  Recording the intraday high of $3.081 soon after […]

Oil futures fell from a two-month high on Tuesday

By spragueoperati | May 19, 2021 | 0 Comments

Recap: Oil futures fell from a two-month high on Tuesday as news broke that the U.S. and Iran have made progress on reviving a deal restricting Iran’s nuclear weapons development, which […]