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March NYMEX Natural Gas Futures Contract Closed at $1.872 on Tuesday, February 4th

By spragueoperati | February 5, 2020 | 0 Comments

Tuesday, February 4th saw the front-month NYMEX Natural Gas Futures Contract open at $1.834, nearly two cents above Monday’s closing price of $1.819.  Recording an intraday low of $1.827 soon […]

OPEC and its allies considered deeper production cuts

By spragueoperati | February 5, 2020 | 0 Comments

Recap: Oil futures gave up earlier gains to finish with a loss on Tuesday, with U.S. prices below $50 a barrel for the first time in more than a year, as […]

March NYMEX Natural Gas Futures Contract Closed at $1.819 on Monday, February 3rd

By spragueoperati | February 4, 2020 | 0 Comments

Monday, February 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.854, roughly a penny above Friday’s closing price of $1.841.  Tallying an intraday high of $1.855 soon […]

Oil prices fell to the lowest in more than a year on Monday

By spragueoperati | February 4, 2020 | 0 Comments

Recap: Oil prices fell to the lowest in more than a year on Monday, dragged down by concern over demand in China after the coronavirus outbreak, though the possibility of deeper […]

March NYMEX Natural Gas Futures Contract Closed at $1.841 on Friday, January 31st

By spragueoperati | February 3, 2020 | 0 Comments

Friday, January 31st saw the front-month NYMEX Natural Gas Futures Contract open at $1.836, nearly four cents above Thursday’s closing price of $1.829.  Stepping down to an intraday low of […]

The EIA reported that U.S crude oil inventories rose by 3.5 million barrels

By spragueoperati | February 3, 2020 | 0 Comments

Recap: After spiking in January in response to the U.S. drone attack that killed Iran’s top military agent, oil prices slid a painful 15%, the biggest January slide since 1991, as […]

March NYMEX Natural Gas Futures Contract Closed at $1.829 on Thursday, January 30th

By spragueoperati | January 31, 2020 | 0 Comments

On Thursday, January 30th – the March NYMEX Natural Gas Futures Contract began trading as the prompt month. Opening at $1.831, three cents below Wednesday’s closing price of $1.865, prices […]

Oil prices fell 3% on Thursday to a fresh three month low

By spragueoperati | January 31, 2020 | 0 Comments

Recap: Oil prices fell 3% on Thursday to a fresh three month low on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market […]

February NYMEX Natural Gas Futures Contract Closed at $1.877 on Wednesday, January 29th

By spragueoperati | January 30, 2020 | 0 Comments

Wednesday, January 29th – settlement day for the February Contract – saw the front-month NYMEX Natural Gas Futures Contract open at $1.895, four cents below Tuesday’s closing price of $1.934.  […]

The EIA reported an unexpected 3.5 million barrel increase in U.S. crude oil inventories

By spragueoperati | January 30, 2020 | 0 Comments

Recap: Oil prices were mixed on Wednesday with WTI posting losses after the EIA reported an unexpected 3.5 million barrel increase in U.S. crude oil inventories, the largest increase since November. […]