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September NYMEX Natural Gas Futures Contract Closed at $1.833 on Thursday, July 30th

By spragueoperati | July 31, 2020 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $1.833 on Thursday, July 30th

Thursday, July 30th saw the front-month NYMEX Natural Gas Futures Contract open at $1.889, 4 cents below Wednesday’s closing price of $1.937. Prices quickly jumped to an intraday high of […]

Oil prices fell as oil producers begin to relax output restrictions

By spragueoperati | July 31, 2020 | Comments Off on Oil prices fell as oil producers begin to relax output restrictions

Recap:  Oil prices slipped on Thursday as fear of resurgence in global COVID-19 cases put demand front and center as major oil producers begin to relax output restrictions. The dismal […]

August NYMEX Natural Gas Futures Contract Closed at $1.932 on Wednesday, July 29th

By spragueoperati | July 30, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.932 on Wednesday, July 29th

Wednesday, July 29th saw the front-month NYMEX Natural Gas Futures Contract open at an intraday low price of $1.847, 5 cents above Tuesday’s closing price of $1.798. Prices spent most […]

Oil prices rose after the EIA reported largest drop in crude oil inventories this year

By spragueoperati | July 30, 2020 | Comments Off on Oil prices rose after the EIA reported largest drop in crude oil inventories this year

Recap: Oil prices rose on Wednesday after the EIA reported a 10.6 million barrel draw in U.S. crude oil inventories, the largest drop so far this year. However, gains were […]

August NYMEX Natural Gas Futures Contract Closed at $1.798 on Tuesday, July 28th

By spragueoperati | July 29, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.798 on Tuesday, July 28th

Tuesday, July 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.779, 4 cents above Monday’s closing price of $1.734. After a brief rally upon open, prices fell […]

Oil prices finished at their lowest level in a week

By spragueoperati | July 29, 2020 | Comments Off on Oil prices finished at their lowest level in a week

Recap: Oil prices slipped on Tuesday, to finish at their lowest level in a week, as the U.S. dollar firmed and as investors worried about the worldwide spread of the coronavirus […]

August NYMEX Natural Gas Futures Contract Closed at $1.734 on Monday, July 27th

By spragueoperati | July 28, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.734 on Monday, July 27th

Monday, July 27th saw the front-month NYMEX Natural Gas Futures Contract open at an intraday high of $1.783, 2 cents below Friday’s closing price of $1.808. Prices fell steadily to […]

Oil futures shaved early losses on Monday

By spragueoperati | July 28, 2020 | Comments Off on Oil futures shaved early losses on Monday

Recap: Oil futures shaved early losses on Monday, gaining on weakness in the U.S. dollar index, which fell to its lowest level in two years. However, gains were limited by […]

August NYMEX Natural Gas Futures Contract Closed at $1.808 on Friday, July 24th

By spragueoperati | July 27, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.808 on Friday, July 24th

Friday, July 24th saw the front-month NYMEX Natural Gas Futures Contract open at $1.775, a penny below Thursday’s closing price of $1.785.  Following Thursday’s short-covering rally, the contract found bullish […]

Traders responded to signs of economic improvement against tensions between China and the U.S

By spragueoperati | July 27, 2020 | Comments Off on Traders responded to signs of economic improvement against tensions between China and the U.S

Recap: Oil futures posted modest gains on Friday, as traders responded to signs of economic improvement against tensions between China and the U.S, both of which may influence global energy demand. […]