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The API reported a 7.7 million barrel draw in U.S. crude oil inventories

By spragueoperati | May 5, 2021 | 0 Comments

Recap: Oil prices added to their gains on Tuesday, as more states in the U.S. eased COVID19 restrictions, and as the European Union plans to allow foreign visitors who have been […]

June NYMEX Natural Gas Futures Contract Closed at $2.966 on Monday, May 3rd

By spragueoperati | May 4, 2021 | 0 Comments

Monday, May 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.908, two cents below Friday’s closing price of $2.931.  Marking the intraday low of $2.902 soon after […]

Oil prices flipped back and forth between losses and gains before gathering enough momentum to break to the upside

By spragueoperati | May 4, 2021 | 0 Comments

Recap: Oil futures rebounded on Monday, as traders became more confident that an economic recovery in the U.S. and China would overshadow falling demand out of India, as that country continues […]

Oil prices fell from six week high after Japanese import data was released

By spragueoperati | May 3, 2021 | 0 Comments

Recap:  Oil prices were bumped off of a six week high after Japanese import data and the increasing number of COVID-19 cases in India scared traders out of long positions. […]

June NYMEX Natural Gas Futures Contract Closed at $2.931 on Friday, April 30th

By spragueoperati | May 3, 2021 | 0 Comments

Friday, April 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.942, three cents above Thursday’s closing price of $2.911.  Tallying an intraday high of $2.962 at 9:20AM […]

June NYMEX Natural Gas Futures Contract Closed at $2.911 on Thursday, April 29th

By spragueoperati | April 30, 2021 | 0 Comments

Thursday, April 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.947, a penny below Wednesday’s closing price of $2.960.  Climbing to an intraday high of $2.971 by […]

Oil futures rose to their highest level in six-weeks

By spragueoperati | April 30, 2021 | 0 Comments

Recap: Oil futures rose to their highest level in six-weeks as U.S. data showed a strong first quarter increase in economic growth, boosting expectations for energy demand despite India’s battel against […]

June NYMEX Natural Gas Futures Contract Closed at $2.960 on Wednesday, April 28th

By spragueoperati | April 29, 2021 | 0 Comments

Wednesday, April 28th – settlement day for the May contract — saw the front-month NYMEX Natural Gas Futures Contract open at $2.905, three cents above Tuesday’s closing price of $2.873.  […]

EIA reported a modest weekly build in U.S. crude oil inventories and gasoline supplies

By spragueoperati | April 29, 2021 | 0 Comments

Recap: Oil futures rose to the highest level in six weeks, extending early gains after the EIA reported a modest weekly build in U.S. crude oil inventories and gasoline supplies, along […]

May NYMEX Natural Gas Futures Contract Closed at $2.873 on Tuesday, April 27th

By spragueoperati | April 28, 2021 | 0 Comments

Tuesday, April 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.824, two cents below Monday’s closing price of 2.790.  Tallying an intraday low of $2.814 soon after […]