Search Results

February NYMEX Natural Gas Futures Contract Closed at $1.895 on Tuesday, January 21st

By spragueoperati | January 22, 2020 | 0 Comments

Tuesday, January 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.949, five cents below Friday’s closing price of $2.003.  Gapping lower over the weekend and trading along […]

Investors worry about rising global supplies and a potential slowdown in global economic growth

By spragueoperati | January 22, 2020 | 0 Comments

Recap: Crude oil prices finished lower on Tuesday as investor worries about rising global supplies and a potential slowdown in global economic growth overshadowed a supply disruption in the Middle East […]

The next meeting between representatives of the OPEC+ group of oil producers will take place in March

By spragueoperati | January 21, 2020 | 0 Comments

Fundamental News: OPEC’s Secretary General, Mohammad Barkindo, said the next meeting between representatives of the OPEC+ group of oil producers will take place in March.  He said none of the participants […]

February NYMEX Natural Gas Futures Contract Closed at $2.003 on Friday, January 17th

By spragueoperati | January 20, 2020 | 0 Comments

Friday, January 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.037, four cents below Thursday’s closing price of $2.077.  Tumbling lower overnight as weather forecasts are now […]

Baker Hughes reported that US energy firms added oil rigs for the first time in four weeks

By spragueoperati | January 20, 2020 | 0 Comments

Recap: Oil futures ended with a modest gain on Friday, but registered a loss for a second week in a row as traders continued to weigh the prospects for energy demand […]

February NYMEX Natural Gas Futures Contract Closed at $2.077 on Thursday, January 16th

By spragueoperati | January 17, 2020 | 0 Comments

Thursday, January 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.126, just above Wednesday’s closing price of $2.120.  Adding a penny to reach $2.135 ahead of the […]

Prices gathered strength after the U.S. and China signed the first phase of their trade deal

By spragueoperati | January 17, 2020 | 0 Comments

Recap: Oil prices bounced back on Thursday, after settling at their lowest level since December. Prices gathered strength after the U.S. and China signed the first phase of their trade deal […]

February NYMEX Natural Gas Futures Contract Closed at $2.120 on Wednesday, January 15th

By spragueoperati | January 16, 2020 | 0 Comments

Wednesday, January 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.118, seven cents below Tuesday’s closing price of $2.187.  Falling to an intraday low of $2.104 shortly […]

The EIA reported hefty builds in U.S. gasoline and distillate inventories

By spragueoperati | January 16, 2020 | 0 Comments

Recap: Oil prices fell to their lowest level in 6 weeks after the EIA reported hefty builds in U.S. gasoline and distillate inventories, though crude oil inventories unexpectedly decreased. February WTI […]

February NYMEX Natural Gas Futures Contract Closed at $2.187 on Tuesday, January 14th

By spragueoperati | January 15, 2020 | 0 Comments

Tuesday, January 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.232, five cents above Monday’s closing price of $2.182.  Continuing the pre-session rally to record an intraday […]