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March NYMEX Natural Gas Futures Contract Closed at $1.837 on Friday, February 14th

By spragueoperati | February 18, 2020 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $1.837 on Friday, February 14th

Friday, February 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.827, just above Thursday’s closing price of $1.826. Ascending from the day’s intraday low as markets opened, […]

Oil prices rose for the fourth consecutive session

By spragueoperati | February 18, 2020 | Comments Off on Oil prices rose for the fourth consecutive session

Recap: Oil prices rose for the fourth consecutive session and posted their first weekly gain since early January, as a report of oil purchases by Chinese refiners helped to ease […]

March NYMEX Natural Gas Futures Contract Closed at $1.826 on Thursday, February 13th

By spragueoperati | February 14, 2020 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $1.826 on Thursday, February 13th

Thursday, February 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.861, two cents above Wednesday’s closing price of $1.844.  Trending lower through the day’s opening ninety minutes, […]

The effect of the coronavirus has had a strong impact on crude oil prices

By spragueoperati | February 14, 2020 | Comments Off on The effect of the coronavirus has had a strong impact on crude oil prices

Recap: Oil prices continued to climb on Thursday, as panic over the coronavirus subsides. Approximately 60 million Chinese citizens have been under lock down since news of the virus broke, crippling […]

March NYMEX Natural Gas Futures Contract Closed at $1.844 on Wednesday, February 12th

By spragueoperati | February 13, 2020 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $1.844 on Wednesday, February 12th

Wednesday, February 12th saw the front-month NYMEX Natural Gas Futures Contract open at $1.826, four cents above Tuesday’s closing price of $1.788.  Despite marking an intraday low of $1.812 soon […]

Oil futures climbed on Wednesday

By spragueoperati | February 13, 2020 | Comments Off on Oil futures climbed on Wednesday

Recap: Oil futures climbed on Wednesday, finding support as a slowdown in the number of new, confirmed cases of coronavirus in China may translate into a smaller-than-feared hit to crude […]

March NYMEX Natural Gas Futures Contract Closed at $1.788 on Tuesday, February 11th

By spragueoperati | February 12, 2020 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $1.788 on Tuesday, February 11th

Tuesday, February 11th saw the front-month NYMEX Natural Gas Futures Contract open at $1.772, slightly above Monday’s closing price of $1.766.  Falling to an intraday low of $1.764 by 9:10AM, […]

Uncertainty as to whether or not OPEC and its allies will make additional output cuts kept gains contained

By spragueoperati | February 12, 2020 | Comments Off on Uncertainty as to whether or not OPEC and its allies will make additional output cuts kept gains contained

Recap: Oil prices rebounded on Tuesday, with March WTI briefly recapturing the $50.00 level, as the number of newly reported cases of the coronavirus seemed to slow. However, the unknown impact […]

March NYMEX Natural Gas Futures Contract Closed at $1.766 on Monday, February 10th

By spragueoperati | February 11, 2020 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $1.766 on Monday, February 10th

Monday, February 10th saw the front-month NYMEX Natural Gas Futures Contract open at $1.778, eight cents below Friday’s closing price of $1.858.  Trading modestly higher in the day’s opening ninety […]

Oil has dropped over 25% from a peak in January

By spragueoperati | February 11, 2020 | Comments Off on Oil has dropped over 25% from a peak in January

Recap: Oil prices continued their downward spiral on Monday as the spread of the coronavirus took yet another bite out of demand amid indications OPEC and its allies are unlikely to […]