Search Results

Oil prices fell early on Thursday to their lowest level since early August

By spragueoperati | October 4, 2019 | Comments Off on Oil prices fell early on Thursday to their lowest level since early August

Recap: Oil prices fell early on Thursday to their lowest level since early August as mounting evidence of a global economic slowdown and rising U.S. oil inventories more than offset all […]

November NYMEX Natural Gas Futures Contract Closed at $2.247 on Wednesday, October 2nd

By spragueoperati | October 3, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.247 on Wednesday, October 2nd

Wednesday, October 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.299, nearly two cents above Tuesday’s closing price of $2.283.  Tallying an intraday high of $2.301 before […]

The EIA reported a 3.1 million barrel build in U.S. crude oil inventories

By spragueoperati | October 3, 2019 | Comments Off on The EIA reported a 3.1 million barrel build in U.S. crude oil inventories

Recap: Oil prices fell further on Wednesday after the Energy Information Administration reported a 3.1 million barrel build in U.S. crude oil inventories, a stark contrast to the 5.92 million barrel […]

November NYMEX Natural Gas Futures Contract Closed at $2.283 on Tuesday, October 1st

By spragueoperati | October 2, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.283 on Tuesday, October 1st

Tuesday, October 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.329, three cents below Monday’s closing price of $2.330.  Posting a staggered descent into the morning hours, […]

Ecuador announced that it plans to leave OPEC

By spragueoperati | October 2, 2019 | Comments Off on Ecuador announced that it plans to leave OPEC

Recap: Oil prices fell on Tuesday after a report by the ISM showed U.S. manufacturing activity falling to 47.8, its lowest level in 10-years and the second straight month, and as […]

November NYMEX Natural Gas Futures Contract Closed at $2.330 on Monday, September 30th

By spragueoperati | October 1, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.330 on Monday, September 30th

Monday, September 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.342, six cents below Friday’s closing price of $2.404.  Falling to $2.331 shortly after the opening bell, […]

The market was pressured as China’s economic outlook remained weak even as manufacturing data improved

By spragueoperati | October 1, 2019 | Comments Off on The market was pressured as China’s economic outlook remained weak even as manufacturing data improved

Recap: The oil market continued to trade lower, posting a lower high and a lower low for the fifth consecutive session.  The market was pressured as China’s economic outlook remained weak […]

November NYMEX Natural Gas Futures Contract Closed at $2.404 on Friday, September 27th

By spragueoperati | September 30, 2019 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.404 on Friday, September 27th

On Friday, September 27th – the November NYMEX Natural Gas Futures Contract began trading as the prompt month.  Opening at $2.419, roughly two cents below Thursday’s closing price of $2.443, […]

Oil prices declined in volatile trading on Friday

By spragueoperati | September 30, 2019 | Comments Off on Oil prices declined in volatile trading on Friday

Recap: Oil prices declined in volatile trading on Friday, following a spate of news reports tied to Iranian sanctions, a cease-fire between Saudi Arabia and Yemen, and the U.S. considering limits […]

October NYMEX Natural Gas Futures Contract Closed at $2.428 on Thursday, September 26th

By spragueoperati | September 27, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.428 on Thursday, September 26th

On Thursday, September 26th – settlement day for the October contract – the front-month NYMEX Natural Gas Futures Contract opened at $2.510, a penny above Wednesday’s closing price of $2.502. […]