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April NYMEX Natural Gas Futures Contract Closed at $2.841 on Wednesday, March 6th

By spragueoperati | March 7, 2019 | 0 Comments

Wednesday, March 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.873, a penny below Tuesday’s closing price of $2.884.  Recording the intraday high of $2.874 within minutes […]

The trade deal between the U.S. and China has been the driving force behind the market

By spragueoperati | March 6, 2019 | 0 Comments

Recap: With traders having already factored in OPEC lead production cuts and the effects from the restart of Libya’s El Sharara oilfield amidst weak demand keeping a lid on prices, […]

April NYMEX Natural Gas Futures Contracts Closed at $2.884 on Tuesday, March 5th

By spragueoperati | March 6, 2019 | 0 Comments

Tuesday, March 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.869, roughly a penny above Monday’s closing price of $2.857.  Trending lower initially, prices fell to the […]

April NYMEX Natural Gas Futures Contracts Closed at $2.857 on Monday, March 4th

By spragueoperati | March 5, 2019 | 0 Comments

Monday, March 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.862, nearly even to Friday’s closing price of $2.859.  Recording the intraday high of $2.876 and intraday […]

Oil prices were supported by hopes that the U.S. and China could reach an agreement on a trade deal

By spragueoperati | March 5, 2019 | 0 Comments

Recap: Oil prices rose as much as 2 percent on Monday, supported by hopes that the U.S. and China could reach an agreement on what has been a tenacious stand-off […]

April NYMEX Natural Gas Futures Contracts Closed at $2.859 on Friday, March 1st

By spragueoperati | March 4, 2019 | 0 Comments

Friday, March 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.811, nearly even to Thursday’s closing price of $2.812.  Climbing to the intraday high of $2.872 by […]

Both Brent and WTI futures fell on Friday after a mixed session on Thursday

By spragueoperati | March 4, 2019 | 0 Comments

Recap: Both Brent and WTI futures fell on Friday after a mixed session on Thursday. Prices peeled away from fresh highs for the year, as the ISM manufacturing index for February […]

Signs of a weakening global economy kept oil prices below recent four month highs

By spragueoperati | March 1, 2019 | 0 Comments

Recap: Brent oil futures headed lower on Thursday, while WTI held firm, as trade talks between the U.S. and China remained unresolved. Signs of a weakening global economy kept oil […]

April NYMEX Natural Gas Futures Contracts Closed at $2.812 on Thursday, February 28th

By spragueoperati | March 1, 2019 | 0 Comments

Thursday, February 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.833, roughly three cents above Wednesday’s closing price of $2.799.  Recording the intraday high of $2.843 at […]

The EIA reported a steep drop in U.S. crude oil stocks

By spragueoperati | February 28, 2019 | 0 Comments

Recap: Crude oil prices received a double boost on Wednesday after the EIA reported a steep drop in U.S. crude oil stocks and from suggestions by Saudi Arabia that OPEC’s […]