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August NYMEX Natural Gas Futures Contract Closed at $2.267 on Monday, July 1st

By spragueoperati | July 2, 2019 | 0 Comments

Monday, July 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.259, five cents below Friday’s closing price of $2.308.  Faltering from last week’s highs as reality fell […]

The EIA reported that US oil production in April increased to a new monthly high of 12.16 million bpd

By spragueoperati | July 1, 2019 | 0 Comments

Recap: With the G20 summit and the OPEC meeting just days away, WTI hovered close to the $60.00 level for most of the session, while Brent held near $67.00 a […]

August NYMEX Natural Gas Futures Contract Closed at $2.308 on Friday, June 28th

By spragueoperati | July 1, 2019 | 0 Comments

Friday, June 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.312, a penny below Thursday’s closing price of $2.324.  Riding the previous session’s storage induced momentum early […]

August NYMEX Natural Gas Futures Contract Closed at $2.324 on Thursday, June 27th

By spragueoperati | June 28, 2019 | 0 Comments

On Thursday, June 27th – the August NYMEX Natural Gas Futures Contract began trading as the prompt month.  Opening at $2.282, slightly above Wednesday’s closing price of $2.268.  Slipping to […]

Talks taking place at the G-20 summit overshadowed tensions between the U.S. and Iran.

By spragueoperati | June 28, 2019 | 0 Comments

Recap: WTI experienced another failed attempt to trade above $60.00 a barrel on Thursday, as prices retreated from multi-week highs. Eyes were on trade talks taking place at the G-20 […]

The EIA reported a weekly drop of nearly 13 million barrels in U.S. crude oil stocks

By spragueoperati | June 27, 2019 | 0 Comments

Recap: WTI futures climbed almost 3% on Wednesday, as the EIA reported a weekly drop of nearly 13 million barrels in U.S. crude oil stocks, the largest drop since September […]

July NYMEX Natural Gas Futures Contract Closed at $2.291 on Wednesday, June 26th

By spragueoperati | June 27, 2019 | 0 Comments

On Wednesday, June 26th – settlement day for the July contract – the front-month NYMEX Natural Gas Futures Contract opened at $2.293, nearly two cents below Tuesday’s closing price of […]

The API reported a 7.5 million barrel draw in U.S. crude oil stocks

By spragueoperati | June 26, 2019 | 0 Comments

Recap: Oil prices received an early morning jolt after U.S. President Donald Trump warned Iran against attacking “anything American” and as traders awaited the release of U.S. data which is […]

July NYMEX Natural Gas Futures Contract Closed at $2.308 on Tuesday, June 25th

By spragueoperati | June 26, 2019 | 0 Comments

Tuesday, June 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.284, two cents below Monday’s closing price of $2.303.  Lacking support early on following the previous session’s […]

July NYMEX Natural Gas Futures Contract Closed at $2.303 on Monday, June 24th

By spragueoperati | June 25, 2019 | 0 Comments

Monday, June 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.241, nearly six cents above Friday’s closing price of $2.186.  Battling back from two-year lows, the contract […]