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Oil futures climbed on Wednesday

By spragueoperati | February 13, 2020 | 0 Comments

Recap: Oil futures climbed on Wednesday, finding support as a slowdown in the number of new, confirmed cases of coronavirus in China may translate into a smaller-than-feared hit to crude […]

March NYMEX Natural Gas Futures Contract Closed at $1.788 on Tuesday, February 11th

By spragueoperati | February 12, 2020 | 0 Comments

Tuesday, February 11th saw the front-month NYMEX Natural Gas Futures Contract open at $1.772, slightly above Monday’s closing price of $1.766.  Falling to an intraday low of $1.764 by 9:10AM, […]

Uncertainty as to whether or not OPEC and its allies will make additional output cuts kept gains contained

By spragueoperati | February 12, 2020 | 0 Comments

Recap: Oil prices rebounded on Tuesday, with March WTI briefly recapturing the $50.00 level, as the number of newly reported cases of the coronavirus seemed to slow. However, the unknown impact […]

March NYMEX Natural Gas Futures Contract Closed at $1.766 on Monday, February 10th

By spragueoperati | February 11, 2020 | 0 Comments

Monday, February 10th saw the front-month NYMEX Natural Gas Futures Contract open at $1.778, eight cents below Friday’s closing price of $1.858.  Trading modestly higher in the day’s opening ninety […]

Oil has dropped over 25% from a peak in January

By spragueoperati | February 11, 2020 | 0 Comments

Recap: Oil prices continued their downward spiral on Monday as the spread of the coronavirus took yet another bite out of demand amid indications OPEC and its allies are unlikely to […]

Oil prices fell on Friday, marking the fifth straight week of declines

By spragueoperati | February 10, 2020 | 0 Comments

Recap:  Oil prices slipped on Friday, marking the fifth straight week of declines, as the spread of the coronavirus continued to spread fear over a slowdown in demand. Prices were […]

March NYMEX Natural Gas Futures Contract Closed at $1.858 on Friday, February 7th

By spragueoperati | February 10, 2020 | 0 Comments

Friday, February 7th saw the front-month NYMEX Natural Gas Futures Contract open at $1.858, just below Thursday’s closing price of $1.862.  Reaching as high as $1.894 by 9:15AM, prices extended […]

OPEC and Russia gave mixed signals in regard to additional output cuts

By spragueoperati | February 7, 2020 | 0 Comments

Recap: Trading was mostly mixed on Thursday, with oil prices giving up early gains, as OPEC and Russia gave mixed signals in regard to additional output cuts and as the coronavirus […]

March NYMEX natural Gas Futures Contract Closed at $1.861 on Wednesday, February 5th

By spragueoperati | February 6, 2020 | 0 Comments

Wednesday, February 5th saw the front-month NYMEX Natural Gas Futures Contract open at $1.833, four cents above Tuesday’s closing price of $1.872.  Trickling down to an intraday low of $1.825 […]

Oil prices were off to their best day of 2020

By spragueoperati | February 6, 2020 | 0 Comments

Recap: Oil prices rose Wednesday, reversing course from their steady drop to start the year in a move that some traders attributed to unconfirmed media reports that a Chinese university found […]