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November NYMEX Natural Gas Futures Contract Closed at $2.282 on Wednesday, October 23rd

By spragueoperati | October 24, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.282 on Wednesday, October 23rd

Wednesday, October 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.290, nearly two cents above Tuesday’s closing price of $2.272.  Rising modestly to the intraday high of […]

The EIA reported a surprise 1.7 million barrel draw in U.S. crude oil inventories

By spragueoperati | October 24, 2019 | Comments Off on The EIA reported a surprise 1.7 million barrel draw in U.S. crude oil inventories

Recap: Oil prices rose to a three week high on Wednesday after the EIA reported a surprise 1.7 million barrel draw in U.S. crude oil inventories and as the prospect […]

November NYMEX Natural Gas Futures Contract Closed at $2.272 on Tuesday, October 22nd

By spragueoperati | October 23, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.272 on Tuesday, October 22nd

Tuesday, October 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.254, nearly two cents above Monday’s closing price of $2.238.  Falling slightly to an intraday low of […]

Oil prices bounced due to reports that OPEC and other major producers would consider making additional output cuts when they meet in December

By spragueoperati | October 23, 2019 | Comments Off on Oil prices bounced due to reports that OPEC and other major producers would consider making additional output cuts when they meet in December

Recap: Oil prices bounced on Tuesday on reports that OPEC and other major producers would consider making additional output cuts when they meet in December. Oil had been slightly higher earlier […]

November NYMEX Natural Gas Futures Contract Closed at $2.238 on Monday, Ocotber 21st

By spragueoperati | October 22, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.238 on Monday, Ocotber 21st

Monday, October 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.263, nearly six cents below Friday’s closing price of $2.320.  Trading near $2.300 an hour ahead of […]

Oil prices turned lower on Monday on increasing signs that the global economy is weakening

By spragueoperati | October 22, 2019 | Comments Off on Oil prices turned lower on Monday on increasing signs that the global economy is weakening

Recap: Oil prices, which edged higher in early trading, turned lower on Monday on increasing signs that the global economy is weakening, which would have a negative impact on demand. Prices […]

November NYMEX Natural Gas Futures Contract Closed at $2.320 on Friday, October 18th

By spragueoperati | October 21, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.320 on Friday, October 18th

Friday, October 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.304, one cent below Thursday’s closing price of $2.318.  Dipping to the intraday low of $2.289 at […]

Gains were cut short by reports of slowing economic growth in China

By spragueoperati | October 21, 2019 | Comments Off on Gains were cut short by reports of slowing economic growth in China

Recap: Oil prices firmed early in trading on Friday with support tied to progress toward deals on U.S.-China trade talks and Brexit, as well as a weekly fall in U.S. inventories. […]

November NYMEX Natural Gas Futures Contract Closed at $2.318 on Thursday, October 17th

By spragueoperati | October 18, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.318 on Thursday, October 17th

Thursday, October 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.329, two cents above Wednesday’s closing price of $2.303.  Trending higher as markets opened, the contract rose […]

The EIA reported a 9.3 million barrel increase in U.S. crude oil inventories

By spragueoperati | October 18, 2019 | Comments Off on The EIA reported a 9.3 million barrel increase in U.S. crude oil inventories

Recap: Oil futures traded modestly lower Thursday, pressured after the EIA report revealed that U.S. crude supplies climbed for a fifth straight week, but found some support after news of a […]