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November NYMEX Natural Gas Futures Contract Closed at $2.283 on Tuesday, October 1st

By spragueoperati | October 2, 2019 | 0 Comments

Tuesday, October 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.329, three cents below Monday’s closing price of $2.330.  Posting a staggered descent into the morning hours, […]

Ecuador announced that it plans to leave OPEC

By spragueoperati | October 2, 2019 | 0 Comments

Recap: Oil prices fell on Tuesday after a report by the ISM showed U.S. manufacturing activity falling to 47.8, its lowest level in 10-years and the second straight month, and as […]

November NYMEX Natural Gas Futures Contract Closed at $2.330 on Monday, September 30th

By spragueoperati | October 1, 2019 | 0 Comments

Monday, September 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.342, six cents below Friday’s closing price of $2.404.  Falling to $2.331 shortly after the opening bell, […]

The market was pressured as China’s economic outlook remained weak even as manufacturing data improved

By spragueoperati | October 1, 2019 | 0 Comments

Recap: The oil market continued to trade lower, posting a lower high and a lower low for the fifth consecutive session.  The market was pressured as China’s economic outlook remained weak […]

November NYMEX Natural Gas Futures Contract Closed at $2.404 on Friday, September 27th

By spragueoperati | September 30, 2019 | 0 Comments

On Friday, September 27th – the November NYMEX Natural Gas Futures Contract began trading as the prompt month.  Opening at $2.419, roughly two cents below Thursday’s closing price of $2.443, […]

Oil prices declined in volatile trading on Friday

By spragueoperati | September 30, 2019 | 0 Comments

Recap: Oil prices declined in volatile trading on Friday, following a spate of news reports tied to Iranian sanctions, a cease-fire between Saudi Arabia and Yemen, and the U.S. considering limits […]

October NYMEX Natural Gas Futures Contract Closed at $2.428 on Thursday, September 26th

By spragueoperati | September 27, 2019 | 0 Comments

On Thursday, September 26th – settlement day for the October contract – the front-month NYMEX Natural Gas Futures Contract opened at $2.510, a penny above Wednesday’s closing price of $2.502. […]

Prices continue to feel the pressure from rising U.S. crude oil inventories

By spragueoperati | September 27, 2019 | 0 Comments

Recap: Oil futures slipped in early trading on Thursday, as prices continued to feel the pressure from rising U.S. crude oil inventories, amid record production. November WTI traded as low as […]

October NYMEX Natural Gas Futures Contract Closed at $2.502 on Wednesday, September 25th

By spragueoperati | September 26, 2019 | 0 Comments

Wednesday, September 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.471, three cents below Tuesday’s closing price of $2.503.  Touching down to a near three-week intraday low […]

The EIA reported a 2.4 million barrel build in U.S. crude oil inventories

By spragueoperati | September 26, 2019 | 0 Comments

Recap: Oil prices fell on Wednesday after the EIA reported a 2.4 million barrel build in U.S. crude oil inventories. Analysts had expected a decline of 190,000 barrels. November WTI, which […]