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Oil prices picked up tailwinds on Monday

By spragueoperati | March 17, 2020 | 0 Comments

Recap: Oil prices picked up tailwinds on Monday, following equities lower after an emergency Federal Reserve interest rate cut did little to quell the panic among investors caused by the […]

Oil prices posted biggest weekly drop since 2008 after coronavirus outbreak has hit world economy

By spragueoperati | March 16, 2020 | 0 Comments

Recap: Oil prices posted their biggest weekly drop since the 2008 global financial crisis after the coronavirus outbreak rocked the world economy while top exporter Saudi Arabia and its allies […]

April NYMEX Natural Gas Futures Contract Closed at $1.869 on Friday, March 13th

By spragueoperati | March 16, 2020 | 0 Comments

Friday, March 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.921, eight cents above Thursday’s closing price of $1.841.  Reaching an intraday high of $1.951 by 9:20AM, […]

April NYMEX Natural Gas Futures Contract Closed at $1.841 on Thursday, March 12th

By spragueoperati | March 13, 2020 | 0 Comments

Thursday, March 12th saw the front-month NYMEX Natural Gas Futures Contract open at $1.775, ten cents below Wednesday’s closing price of $1.878.  Ascending from an intraday low of $1.774 just […]

Both WTI and Brent suffered a loss of more than 7%

By spragueoperati | March 13, 2020 | 0 Comments

Recap: Oil futures finished sharply lower Thursday, with both WTI and Brent suffering a loss of more than 7%, after President Donald Trump imposed restrictions on travel from Europe to the […]

April NYMEX Natural Gas Futures Contract Closed at $1.878 on Wednesday, March 11th

By spragueoperati | March 12, 2020 | 0 Comments

Wednesday, March 10th saw the front-month NYMEX Natural Gas Futures Contract open at $1.936, even with Tuesday’s closing price of $1.936.  Breaking out early on, as those who shorted the […]

Oil futures ended lower on Wednesday

By spragueoperati | March 12, 2020 | 0 Comments

Recap: Oil futures ended lower on Wednesday, pressured by U.S. government data reporting domestic crude supplies rose for a seventh week in a row, and by Saudi Arabia’s move to […]

April NYMEX Natural Gas Futures Contract Closed at $1.936 on Tuesday, March 10th

By spragueoperati | March 11, 2020 | 0 Comments

Tuesday, March 10th saw the front-month NYMEX Natural Gas Futures Contract open at $1.849, seven cents above Monday’s closing price of $1.778.  Climbing from an intraday low of $1.834 at […]

Oil prices jumped by more than 7% on Tuesday

By spragueoperati | March 11, 2020 | 0 Comments

Recap: Oil prices jumped by more than 7% on Tuesday, recovering from the biggest rout in nearly 30 years a day earlier, as the possibility of economic stimulus encouraged buying, and […]

April NYMEX Natural Gas Futures Contract Closed at $1.778 on Monday, March 9th

By spragueoperati | March 10, 2020 | 0 Comments

Monday, March 9th saw the front-month NYMEX Natural Gas Futures Contract open at $1.653, five cents below Friday’s closing price of $1.708.  Opening at a fresh multi-year intraday low, prices […]