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The EIA reported that it raised its 2020 world oil demand growth forecast by 190,000 bpd to 8.15 million bpd

By spragueoperati | July 8, 2020 | 0 Comments

Recap: Oil prices ended lower on Tuesday, as the uptick in the number of coronavirus cases and its impact on demand continues to weigh on trader’s minds. In early trading, the […]

August NYMEX Natural Gas Futures Contract Closed at $1.830 on Monday, July 6th

By spragueoperati | July 7, 2020 | 0 Comments

Monday, July 6th saw the front-month NYMEX Natural Gas Futures Contract open at $1.804, seven cents above Thursday’s closing price of $1.734.  Climbing to an intraday high of $1.836 by […]

Oil futures settled mixed on Monday

By spragueoperati | July 7, 2020 | 0 Comments

Recap: Oil futures settled mixed on Monday, with U.S. prices pressured by the increase in the number of Covid19 cases, while Brent held firm after Saudi Arabia raised its prices amid […]

August NYMEX Natural Gas Futures Contract Closed at $1.734 on Thursday, July 2nd

By spragueoperati | July 6, 2020 | 0 Comments

Thursday, July 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.694, two cents above Wednesday’s closing price of $1.671.  Edging higher to reach toward the $1.700 level […]

Both WTI and Brent futures on Thursday marked their highest settlements since March 6

By spragueoperati | July 6, 2020 | 0 Comments

Recap: Oil futures settled higher on Thursday, supported by the robust decline in last week’s U.S. crude oil inventories and a fall in U.S. unemployment during the month of June, […]

August NYMEX Natural Gas Futures Contract Closed at $1.671 on Wednesday, July 1st

By spragueoperati | July 2, 2020 | 0 Comments

Wednesday, July 1st saw the front-month NYMEX Natural Gas Futures Contract open at $1.677, seven cents below Tuesday’s closing price of $1.751.  Surging to an intraday high of $1.722 at […]

The oil market kicked off the start of the month and quarter by posting an up day across the board

By spragueoperati | July 2, 2020 | 0 Comments

Recap: The oil market kicked off the start of the month and quarter by posting an up day across the board. But what was surprising was this market established the […]

August NYMEX Natural Gas Futures Contract Closed at $1.751 on Tuesday, June 30th

By spragueoperati | July 1, 2020 | 0 Comments

Tuesday, June 30th saw the front-month NYMEX Natural Gas Futures Contract open at $1.762, five cents above Monday’s closing price of $1.709.  Prices rose to an intraday high of $1.784 […]

The oil market finished the final trading day of the second quarter mixed

By spragueoperati | July 1, 2020 | 0 Comments

Recap: The oil market finished the final trading day of the second quarter mixed. Crude oil which had moved higher throughout the morning on the coat tails of a stronger equity […]

August NYMEX Natural Gas Futures Contract Closed at $1.709 on Monday, June 29th

By spragueoperati | June 30, 2020 | 0 Comments

Monday, June 29th saw the front-month NYMEX Natural Gas Futures Contract open at $1.638, seven cents above Friday’s closing price of $1.544.  Marking an intraday low of $1.637 minutes after […]