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November NYMEX Natural Gas Futures Contract Closed at $2.303 on Wednesday, October 16th

By spragueoperati | October 17, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.303 on Wednesday, October 16th

Wednesday, October 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.355, nearly two cents above Tuesday’s closing price of $2.339.  Riding overnight momentum to reach a 10-day […]

Economic concerns and forecasts for increases in U.S. crude oil inventories continued to keep a lid on prices

By spragueoperati | October 17, 2019 | Comments Off on Economic concerns and forecasts for increases in U.S. crude oil inventories continued to keep a lid on prices

Recap: Oil prices climbed higher on Wednesday, ending two straight sessions of declines on reports that OPEC could vote to further cut output at its December meeting, but economic concerns and […]

November NYMEX Natural Gas Futures Contract Closed at $2.339 on Tuesday, October 15th

By spragueoperati | October 16, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.339 on Tuesday, October 15th

Tuesday, October 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.313, three cents above Monday’s closing price of $2.280.  Falling to the intraday low of $2.291 at […]

The International Monetary Fund said it sees global economic growth falling to a 3% rate this year

By spragueoperati | October 16, 2019 | Comments Off on The International Monetary Fund said it sees global economic growth falling to a 3% rate this year

Recap: Oil prices fell for the second straight session after the International Monetary Fund said it sees global economic growth falling to a 3% rate this year, the slowest pace since […]

November NYMEX Natural Gas Futures Contract Closed at $2.280 on Monday, October 14th

By spragueoperati | October 15, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.280 on Monday, October 14th

Monday, October 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.286, seven cents above Friday’s closing price of $2.214.  Ascending to an intraday high of $2.313 by […]

Oil prices fell as much as 3.5% on Monday

By spragueoperati | October 15, 2019 | Comments Off on Oil prices fell as much as 3.5% on Monday

Recap: Oil prices fell as much as 3.5% on Monday as the trade deal between the U.S. and China appeared to have taken a setback, as China has reportedly asked for […]

November NYMEX Natural Gas Futures Contract Closed at $2.214 on Friday, October 11th

By spragueoperati | October 14, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.214 on Friday, October 11th

Friday, October 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.213, just below Thursday’s closing price of $2.218. Tumbling to an intraday low of $2.187 by 9:30AM, […]

Traders responded to reports of an explosion on an Iranian tanker in the Red Sea

By spragueoperati | October 14, 2019 | Comments Off on Traders responded to reports of an explosion on an Iranian tanker in the Red Sea

Recap: Oil prices rose on Friday, stemming four consecutive weeks of losses, as traders responded to reports of an explosion on an Iranian tanker in the Red Sea, while optimism rose […]

November NYMEX Natural Gas Futures Contract Closed at $2.218 on Thursday, October 10th

By spragueoperati | October 11, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.218 on Thursday, October 10th

Thursday, October 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.245, a penny above Wednesday’s closing price of $2.234.  Climbing steadily from the opening bell, prices rose […]

Oil prices rose after head of OPEC discusses actions to balance markets

By spragueoperati | October 11, 2019 | Comments Off on Oil prices rose after head of OPEC discusses actions to balance markets

Recap:  Oil prices rose on Thursday, supported by comments by the head of OPEC that the organization could take action to balance markets and that it will decide in December […]