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

By spragueoperati | October 5, 2021 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $5.766 on Monday, October 4th

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 | Comments Off on WTI settled at its highest level since 2014

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 […]

November NYMEX Natural Gas Futures Contract Closed at $5.619 on Friday, October 1st

By spragueoperati | October 4, 2021 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $5.619 on Friday, October 1st

Friday, October 1st saw the front-month NYMEX Natural Gas Futures Contract open at $5.680, nineteen cents below Thursday’s closing price of $5.867. Trading along either side of $5.680 through 10:00AM, […]

Oil futures rose as natural gas prices surge globally

By spragueoperati | October 4, 2021 | Comments Off on Oil futures rose as natural gas prices surge globally

Recap:  Oil futures rose on Friday, with Brent trading above $79 a barrel, supported by tight supplies and the upcoming meeting between OPEC and its allies, which is set to […]

November NYMEX Natural Gas Futures Contract Closed at $5.867 on Thursday, September 30th

By spragueoperati | October 1, 2021 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $5.867 on Thursday, September 30th

Thursday, September 30th saw the front-month NYMEX Natural Gas Futures Contract open at $5.637, sixteen cents above Wednesday’s closing price of $5.477. Falling to an intraday low of $5.496 by […]

Oil markets were volatile after reports that China may buy more oil to meet growing demand

By spragueoperati | October 1, 2021 | Comments Off on Oil markets were volatile after reports that China may buy more oil to meet growing demand

Recap:  Trade in the oil markets was volatile on Thursday, with prices initially trading below unchanged, then reversing to the upside following reports that China was prepared to buy more […]

November NYMEX Natural Gas Futures Contract Closed at $5.477 on Wednesday, September 29th

By spragueoperati | September 30, 2021 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $5.477 on Wednesday, September 29th

Wednesday, September 29th saw the front-month NYMEX Natural Gas Futures Contract open at $5.737, fourteen cents below Tuesday’s closing price of $5.880. Tallying the intraday high as the opening bell […]

The EIA reported a 4.6 million barrel increase in U.S. crude oil inventories

By spragueoperati | September 30, 2021 | Comments Off on The EIA reported a 4.6 million barrel increase in U.S. crude oil inventories

Recap: Oil futures turned lower for the second straight session on Wednesday, as the dollar rallied to its highest level in almost a year and after the EIA reported a 4.6 […]

November NYMEX Natural Gas Futures Contract Closed at $5.880 on Tuesday, September 28th

By spragueoperati | September 29, 2021 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $5.880 on Tuesday, September 28th

Tuesday, September 28th – settlement day for the October Contract – saw the front-month NYMEX Natural Gas Futures Contract open at $5.909, twenty cents above Monday’s closing price of $5.706.  […]

OPEC said demand for oil will increase sharply in the next few years

By spragueoperati | September 29, 2021 | Comments Off on OPEC said demand for oil will increase sharply in the next few years

Recap:Oil futures opened Tuesday’s session trading at unchanged but quickly jumped, with Brent topping the session above $80 a barrel for the first time in nearly three years, as a […]