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An attack on two tankers in the Gulf of Oman raised concerns about potential supply disruptions

By spragueoperati | June 17, 2019 | 0 Comments

Recap: Oil prices posted modest gains on Friday, a day after an attack on two tankers in the Gulf of Oman raised concerns about potential supply disruptions. Gains were kept contained […]

July NYMEX Natural Gas Futures Contract Closed at $2.387 on Friday, June 14th

By spragueoperati | June 17, 2019 | 0 Comments

Friday, June 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.339, a penny above Thursday’s closing price of $2.325.  Rising from the intraday low of $2.334 soon […]

Oil prices surged after apparent attacks on tankers in Gulf of Oman

By spragueoperati | June 14, 2019 | 0 Comments

Recap:  Oil prices surged in early trading on Thursday, rebounding from their lowest settlement in about five months after apparent attacks on two tankers in the Gulf of Oman increased […]

July NYMEX Natural Gas Futures Contract Closed at $2.325 on Thursday, June 13th

By spragueoperati | June 14, 2019 | 0 Comments

Thursday, June 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.369, nearly two cents below Wednesday’s closing price of $2.386.  Fluctuating along either side of $2.360 through […]

The EIA report reflected a 2.2 million barrel build in U.S. crude inventories

By spragueoperati | June 13, 2019 | 0 Comments

Recap: Oil prices fell sharply on Wednesday, after the EIA report reflected a 2.2 million barrel build in U.S. crude inventories. Analysts were expecting a decrease of 481,000 barrels. Today’s report […]

The EIA reduced its forecasts for oil prices amid signs of an economic slowdown

By spragueoperati | June 12, 2019 | 0 Comments

Recap: It was another choppy day for oil prices, which began the session trading above unchanged, supported by expectations that OPEC and other major producers would extend supply cuts. Prices […]

July NYMEX Natural Gas Futures Contract Closed at $2.399 on Tuesday, June 11th

By spragueoperati | June 12, 2019 | 0 Comments

Tuesday, June 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.361, slightly above Monday’s closing price of $2.357.  Recording an intraday low of $2.336 by 9:30AM, the […]

Trade tensions between the U.S. and China continued to raise demand concerns

By spragueoperati | June 11, 2019 | 0 Comments

Recap: Oil prices firmed in early trading in what was choppy market conditions on Monday, as Saudi Arabia and Russia had yet to agree on extending an output curbing deal and […]

July NYMEX Natural Gas Futures Contract Closed at $2.357 on Monday, June 10th

By spragueoperati | June 11, 2019 | 0 Comments

Monday, June 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.350, more than a penny above Friday’s closing price of $2.337.  With hopes of warmer temperatures arriving […]

Oil prices rose more than 2% on Friday

By spragueoperati | June 10, 2019 | 0 Comments

Recap: Oil prices rose more than 2% on Friday, after falling to five-month lows this week, after Saudi Arabia said OPEC was close to agreeing to extend an output production cut […]