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December NYMEX Natural Gas Futures Contract Closed at $2.712 on Wednesday, November 18th

By spragueoperati | November 19, 2020 | 0 Comments

Wednesday, November 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.743, five cents above Tuesday’s closing price $2.692.  Trading within two cents of $2.730 through 11:00, the […]

The market was also supported by a smaller than expected increase in U.S. crude oil inventories

By spragueoperati | November 19, 2020 | 0 Comments

Recap: Oil futures traded higher on Wednesday, on vaccine related optimism and hopes that OPEC would delay plans to increase output. The market was also supported by a smaller than […]

December NYMEX Natural Gas Futures Contract Closed at $2.692 on Tuesday, November 17th

By spragueoperati | November 18, 2020 | 0 Comments

Tuesday, November 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.707, a penny above Monday’s closing price $2.697.  Trading along either side of $2.700 through 11:00AM, tallying […]

Oil prices peeled back recent gains Tuesday on signs of exhaustion

By spragueoperati | November 18, 2020 | 0 Comments

Recap: Oil prices peeled back recent gains Tuesday on signs of exhaustion as the rising number of coronavirus cases overshadowed hopes for a vaccine. The short term economic outlook remains cloudy […]

December NYMEX Natural Gas Futures Contract Closed at $2.697 on Monday, November 16th

By spragueoperati | November 17, 2020 | 0 Comments

Monday, November 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.840, fifteen cents below Friday’s closing price $2.995.  Peaking at an intraday high of $2.841 within minutes […]

A report showed China’s crude oil throughput rose 2.6% in October

By spragueoperati | November 17, 2020 | 0 Comments

Recap: Oil futures traded higher in overnight trading, spurred by a report that showed China’s crude oil throughput rose 2.6% in October from a year earlier to its highest-ever level […]

December NYMEX Natural Gas Futures Contract Closed at $2.995 on Friday, November 13th

By spragueoperati | November 16, 2020 | 0 Comments

Friday, November 13th saw the front-month NYMEX Natural Gas Futures Contract open at $3.023, five cents above Thursday’s closing price $2.976.  Ascending to an intraday high of $3.087 within minutes […]

The oil market on Friday fell for the second consecutive session

By spragueoperati | November 16, 2020 | 0 Comments

Recap: The oil market on Friday fell for the second consecutive session, pressured by increasing output from Libya and the concerns that the increasing coronavirus infections may slow a recovery […]

November NYMEX Natural Gas Futures Contract Closed at $2.976 on Thursday, November 12th

By spragueoperati | November 13, 2020 | 0 Comments

Thursday, November 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.999, three cents below Wednesday’s closing price $3.031.  Churning higher throughout the morning, it achieved an intraday […]

Oil futures were pressured by the unexpected increase in U.S. crude oil inventories

By spragueoperati | November 13, 2020 | 0 Comments

Recap: Oil futures fell on Thursday, pressured by the unexpected increase in U.S. crude oil inventories and lower demand expectations due to the spread of COVID-19. Prices had traded higher […]