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The EIA reported a 2 million barrel increase in U.S. crude oil inventories

By spragueoperati | September 11, 2020 | 0 Comments

Recap: Oil futures fell on Thursday after the EIA reported a 2 million barrel increase in U.S. crude oil inventories, stemming six consecutive weeks of declines, and heightening concerns of an […]

Wednesday NYMEX Natural Gas Futures Contract Closed at $2.406 on Wednesday, September 9th

By spragueoperati | September 10, 2020 | 0 Comments

Wednesday, September 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.467, nearly seven cents above Tuesday’s closing price of $2.400.  Ascending to an intraday high of $2.480 […]

Oil prices bounced off of three-month lows on Wednesday

By spragueoperati | September 10, 2020 | 0 Comments

Recap: Oil prices bounced off of three-month lows on Wednesday, amid rising demand concerns, as the coronavirus continues to spread. October WTI gained as much as $1.70, or 4.6%, to […]

October NYMEX Natural Gas Futures Contract Closed at $2.400 on Tuesday, September 8th

By spragueoperati | September 9, 2020 | 0 Comments

Tuesday, September 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.523, nearly seven cents below Friday’s closing price of $2.588.  Jumping to an intraday high of $2.554 […]

Oil prices slid to their lowest level since June

By spragueoperati | September 9, 2020 | 0 Comments

Recap: Oil prices slide to their lowest level since June on Tuesday, as Saudi Aribia cut its selling price amid a global rise in the number of coronavirus cases, which has […]

October NYMEX Natural Gas Futures Contract Closed at $2.588 on Friday, September 4th

By spragueoperati | September 8, 2020 | 0 Comments

Friday, September 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.509, two cents above Thursday’s closing price of $2.487.  Falling to an intraday low of $2.431 by […]

Oil prices experienced largest weekly loss since June

By spragueoperati | September 8, 2020 | 0 Comments

Recap: Oil futures fell on Friday, logging their largest weekly loss since June. Prices were pressured by a dismal U.S. jobs report, which showed that job growth continued to slow […]

Oil prices fell as US employment data shows signs of slow economic recovery

By spragueoperati | September 4, 2020 | 0 Comments

Recap: Oil prices fell on Thursday, as U.S. unemployment data fueled fears of a slow economic recovery and as the U.S. stock market sharply sold off. Traders looked to the […]

October NYMEX Natural Gas Futures Contract Closed at $2.487 on Thursday, September 3rd

By spragueoperati | September 4, 2020 | 0 Comments

Thursday, September 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.512, three cents above Wednesday’s closing price of $2.486.  Ascending to an intraday high of $2.567 by […]

WTI settled at its lowest level in almost a month

By spragueoperati | September 3, 2020 | 0 Comments

Recap: Oil prices fell on Wednesday, with WTI settling at its lowest level in almost a month, as the dollar weakened and concern over gasoline demand overshadowed the 9.4 million barrel […]