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August NYMEX Natural Gas Futures Contract Closed at $1.746 on Tuesday, July 14th

By spragueoperati | July 15, 2020 | 0 Comments

Tuesday, July 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.724, nearly two cents below Monday’s closing price of $1.739.  Slipping to an intraday low of $1.717 […]

OPEC reported global oil demand will increase by a record 7 million bpd in 2021

By spragueoperati | July 15, 2020 | 0 Comments

Recap: Oil prices erased early losses on Tuesday, getting support from a weaker U.S. dollar, as traders weighed uncertainty over the next move for OPEC and its allies on production cuts, […]

August NYMEX Natural Gas Futures Contract Closed at $1.739 on Monday, July 13th

By spragueoperati | July 14, 2020 | 0 Comments

Monday, July 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.775, three cents below Friday’s closing price of $1.805.  Mounting a staggered ascent to reach an intraday […]

Oil prices reversed to the downside as OPEC+ is expected to ease output cuts

By spragueoperati | July 14, 2020 | 0 Comments

Recap: After a feeble attempt to trade higher on Monday, oil prices reversed to the downside as OPEC+ is expected to ease output cuts, while the number of confirmed Coronavirus cases […]

August NYMEX Natural Gas Futures Contract Closed at $1.805 on Friday, July 10th

By spragueoperati | July 13, 2020 | 0 Comments

Friday, July 10th saw the front-month NYMEX Natural Gas Futures Contract open at $1.802, two cents above Thursday’s closing price of $1.779.  Marking an intraday low of $1.788 by 9:10AM, […]

Oil prices climbed more than 2% on Friday

By spragueoperati | July 13, 2020 | 0 Comments

Recap: Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) bumped up its 2020 demand forecast but record-breaking new coronavirus cases in the U.S. tempered […]

August NYMEX Natural Gas Futures Contract Closed at $1.779 on Thursday, July 9th

By spragueoperati | July 10, 2020 | 0 Comments

Thursday, July 9th saw the front-month NYMEX Natural Gas Futures Contract open at $1.876, five cents above Wednesday’s closing price of $1.824.  Tallying an intraday high of $1.883 within minutes […]

Oil prices fell on Thursday due to concerns over the spread of the coronavirus

By spragueoperati | July 10, 2020 | 0 Comments

Recap: Oil prices fell on Thursday as concern that the spread of the coronavirus in the U.S. would be diminished. The recent surge in the number of confirmed case prompted some […]

August NYMEX Natural Gas Futures Contract Closed at $1.824 on Wednesday, July 8th

By spragueoperati | July 9, 2020 | 0 Comments

Wednesday, July 8th saw the front-month NYMEX Natural Gas Futures Contract open at $1.838, four cents below Tuesday’s closing price of $1.876.  Ascending to an intraday high of $1.859 three […]

Oil futures finished at their highest level since March on Wednesday

By spragueoperati | July 9, 2020 | 0 Comments

Recap: Oil futures finished at their highest level since March on Wednesday, as U.S. gasoline consumption showed signs of a recovery, but gains were limited due to the rise in […]