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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 […]

October NYMEX Natural Gas Futures Contract Closed at $5.706 on Monday, September 27th

By spragueoperati | September 28, 2021 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $5.706 on Monday, September 27th

Monday, September 27th saw the front-month NYMEX Natural Gas Futures Contract open at $5.456, nearly thirty-two cents above Friday’s closing price of $5.140. Marking the intraday low of $5.416 by […]

Brent reached its highest level since October 2018

By spragueoperati | September 28, 2021 | Comments Off on Brent reached its highest level since October 2018

Recap: Oil futures rose for the fifth straight session, with Brent reaching its highest level since October 2018, as it pushed toward $80 a barrel. Tight supplies amidst rising demand […]

October NYMEX Natural Gas Futures Contract Closed at $5.140 on Friday, September 24th

By spragueoperati | September 27, 2021 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $5.140 on Friday, September 24th

Friday, September 24th saw the front-month NYMEX Natural Gas Futures Contract open at $5.073, ten cents above Thursday’s closing price of $4.976. Falling to an intraday low of $4.990 at […]

Oil futures rose to a nearly three-year high on Friday

By spragueoperati | September 27, 2021 | Comments Off on Oil futures rose to a nearly three-year high on Friday

Recap: Oil futures rose to a nearly three-year high on Friday, heading higher for the third straight week, as they gained support by global output disruptions and inventory draws. Oil […]