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Oil futures gained as WTI & Brent hit their highest level in eight months

By spragueoperati | November 30, 2020 | 0 Comments

Recap: Oil futures extended gains on Wednesday, with both WTI and Brent reaching their highest level in eight months. Traders shrugged off an API report showing a 3.8 million barrel […]

January NYMEX Natural Gas Futures Contract Closed at $2.843 on Friday, November 27th

By spragueoperati | November 30, 2020 | 0 Comments

Friday, November 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.899, six cents below Wednesday’s closing price $2.961.  Reaching an intraday high of $2.906 by 9:15AM, the […]

December NYMEX Natural Gas Futures Contract Closed at $2.900

By spragueoperati | November 25, 2020 | 0 Comments

Tuesday, November 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.756, four cents above Monday’s closing price $2.711.  After jumping higher overnight, prices traded within a tight […]

Oil prices climbed to their highest level since March

By spragueoperati | November 25, 2020 | 0 Comments

Recap: Oil prices climbed to their highest level since March, as the start of the U.S. presidential transition got underway and on more promising news of additional vaccines. Oil futures […]

December NYMEX Natural Gas Futures Contract Closed at $2.711 on Monday, November 23rd

By spragueoperati | November 24, 2020 | 0 Comments

Monday, November 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.693, four cents above Friday’s closing price $2.650.  Touching down to an intraday low of $2.649 by […]

Oil futures gained more than 2% on Monday

By spragueoperati | November 24, 2020 | 0 Comments

Recap: Oil futures gained more than 2% on Monday, as optimism over a vaccine continues to be the main catalyst that is pushing prices higher. The contango structure in the […]

December NYMEX Natural Gas Futures Contract Closed at $2.650 on Friday, November 20th

By spragueoperati | November 23, 2020 | 0 Comments

Friday, November 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.657, six cents above Thursday’s closing price $2.592.  In a relatively quiet day, prices traded within two […]

Oil prices rose for the third straight week

By spragueoperati | November 23, 2020 | 0 Comments

Recap: Oil prices rose for the third straight week with WTI settling above $42 a barrel for the first time since the beginning of September, and Brent barely missing the […]

December NYMEX Natural Gas Futures Contract Closed at $2.592 on Thursday, November 19th

By spragueoperati | November 20, 2020 | 0 Comments

Thursday, November 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.568, fifteen cents below Wednesday’s closing price $2.712.  Trading near $2.550 through 10:00AM, prices briefly rose to […]

Oil futures traded modestly lower on Thursday

By spragueoperati | November 20, 2020 | 0 Comments

Recap: Oil futures traded modestly lower on Thursday, as the coronavirus situation in the U.S. worsens, and new restrictions are imposed. While concern about the number of new COVID-19 cases […]