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January NYMEX Natural Gas Futures Contract Closed at $2.294 on Thursday, December 26th

By spragueoperati | December 27, 2019 | 0 Comments

Thursday, December 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.255, eight cents above Tuesday’s closing price of $2.172. Prices quickly reached their intraday low of $2.244 […]

The API reported a 7.9 million barrel drop in U.S. crude oil inventories

By spragueoperati | December 27, 2019 | 0 Comments

Recap: Crude oil prices rose on Thursday after the API reported a 7.9 million barrel drop in U.S. crude oil inventories. WTI rose to its highest level in 3 ½ months, […]

January NYMEX Natural Gas Futures Contract Closed at $2.214 on Monday, December 23rd

By spragueoperati | December 26, 2019 | 0 Comments

Tuesday, December 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.171, four cents below Monday’s closing price of $2.214. Falling to an intraday low of $2.162 by […]

China and US to sign first phase of trade deal agreed to this month

By spragueoperati | December 26, 2019 | 0 Comments

Fundamental News:  US President, Donald Trump, said he and China’s President, Xi Jinping, will have a signing ceremony to sign the first phase of the US-China trade deal agreed to […]

January NYMEX Natural Gas Futures Contract Closed at $2.214 on Monday, December 23rd

By spragueoperati | December 24, 2019 | 0 Comments

Monday, December 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.214, eleven cents below Friday’s closing price of $2.328.  Gapping lower over the weekend, following Friday’s short-covering […]

Oil prices edged higher on Monday

By spragueoperati | December 24, 2019 | 0 Comments

Recap: Oil prices edged higher on Monday, despite reports indicating that a recent pact to curb global output by OPEC and its allies may be eased and as Kuwait and Saudi […]

January NYMEX Natural Gas Futures Contract Closed at $2.328 on Friday, December 20th

By spragueoperati | December 23, 2019 | 0 Comments

Friday, December 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.319, nearly five cents above Thursday’s closing price of $2.273.  Ascending to an intraday high of $2.336 […]

The number of active U.S. rigs drilling for oil increased by 18 to 685

By spragueoperati | December 23, 2019 | 0 Comments

Recap: Oil prices headed lower on Friday, with declines accelerating after Baker Hughes report that the number of active U.S. rigs drilling for oil increased by 18 to 685, marking the […]

January NYMEX Natural Gas Futures Contract Closed at $2.273 on Thursday, December 19th

By spragueoperati | December 20, 2019 | 0 Comments

Thursday, December 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.252, three cents below Wednesday’s closing price of $2.286.  Trading along either side of $2.250 through 10:30AM, […]

Oil futures logged their highest settlement since mid-September

By spragueoperati | December 20, 2019 | 0 Comments

Recap: Oil futures ended higher Thursday and logged their highest settlement since mid-September, with global benchmark prices stretching their gains to a sixth consecutive session. February WTI traded at a high […]