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April NYMEX Natural Gas Futures Contracts Closed at $2.753 on Friday, March 22nd

By spragueoperati | March 25, 2019 | 0 Comments

Friday, March 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.781, roughly four cents below Thursday’s closing price of $2.821.  Recording the intraday high of $2.784 within […]

Oil prices turned lower as global trade tensions continue to loom over the market

By spragueoperati | March 22, 2019 | 0 Comments

Recap: After climbing to a fresh 2019 high on Thursday, oil prices turned lower as global trade tensions continue to loom over the market. May WTI rose to a high of […]

April NYMEX Natural Gas Futures Contracts Closed at $2.821 on Thursday, March 21st

By spragueoperati | March 22, 2019 | 0 Comments

Thursday, March 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.798, roughly two cents below Wednesday’s closing price of $2.820.  Tallying the intraday low of $2.796 out […]

The EIA report showed a draw in 9.6 million barrels in U.S. crude oil inventories

By spragueoperati | March 21, 2019 | 0 Comments

Recap: Trading in oil futures was erratic on Wednesday, with prices trading to the downside in early morning trading and then posting fresh four month highs after the release of the […]

April NYMEX Natural Gas Futures Contracts Closed at $2.820 on Wednesday, March 20th

By spragueoperati | March 21, 2019 | 0 Comments

Wednesday, March 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.828, nearly five cents below Tuesday’s closing price of $2.874.  Jumping to the intraday high of $2.848 […]

OPEC and non-OPEC members are struggling to maintain a balance between supply and demand

By spragueoperati | March 20, 2019 | 0 Comments

Recap: U.S. sanctions against Iran and Venezuela, combined with OPEC led supply cuts, pushed prices to fresh highs for the year. By 07:09 EST, April WTI reached a session high […]

April NYMEX Natural Gas Futures Contracts Closed at $2.874 on Tuesday, March 19th

By spragueoperati | March 20, 2019 | 0 Comments

Tuesday, March 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.888, nearly four cents above Monday’s closing price of $2.850.  In another uneventful day of trading, prices […]

Oil prices edged higher on Monday, supported by signs of inventory declines at Cushing

By spragueoperati | March 19, 2019 | 0 Comments

Recap: Oil prices edged higher on Monday, supported by signs of inventory declines at Cushing and the prospect that the OPEC led production cuts will be extended. The Joint Ministerial Monitoring […]

April NYMEX Natural Gas Futures Contracts Closed at $2.850 on Monday, March 18th

By spragueoperati | March 19, 2019 | 0 Comments

Monday, March 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.818, roughly two cents above Friday’s closing price of $2.795.  Jumping to the $2.840 level by 9:15AM, […]

The IEA released a report stating that output had fallen by 240,000 barrels per day last month

By spragueoperati | March 18, 2019 | 0 Comments

Recap: After posting a fresh four month high on Friday, WTI slipped as much as 1.4 percent to a session low of $57.74 a barrel, while Brent fell as much as […]