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The EIA report showed the largest weekly rise of the year in U.S. crude oil inventories

By spragueoperati | October 4, 2018 | 0 Comments

Recap: Oil prices turned higher on Wednesday, reversing yesterday’s down move, indicating bulls are still in control of this market. Both Brent and WTI experienced outside trading sessions, as each posted […]

November NYMEX Natural Gas Futures Contracts Closed at $3.166 on Tuesday, October 2nd

By spragueoperati | October 3, 2018 | 0 Comments

Tuesday, October 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.113, two cents above Monday’s closing price of $3.094.  Buoyed overnight as Monday’s weather forecasts continue to […]

The API report showed an increase of 907,00 barrels in the week of September 28

By spragueoperati | October 3, 2018 | 0 Comments

Recap: Oil prices posted slight losses on Tuesday, after rising to their highest level in almost four years. Investors were awaiting the release of the API report, which reflected an increase […]

November NYMEX Natural Gas Futures Contracts Closed at $3.094 on Monday, October 1st

By spragueoperati | October 2, 2018 | 0 Comments

Monday, October 1st saw the front-month NYMEX Natural Gas Futures Contracts open at $3.064, nearly six cents above Friday’s closing price of $3.008.  Marking the intraday low of $3.052 by […]

On Monday, the U.S. and Canada reached a preliminary deal to revise the North American Free Trade Agreement

By spragueoperati | October 2, 2018 | 0 Comments

Recap: Oil prices rallied on Monday after the U.S. and Canada reached a preliminary deal to revise the North American Free Trade Agreement. The agreement eased worries that trade tensions would […]

November NYMEX Natural Gas Futures Contracts Closed at $3.008 on Friday, September 28th

By spragueoperati | October 1, 2018 | 0 Comments

Friday, September 28th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.994, roughly six cents below Thursday’s closing price of $3.056.  Returning Thursday’s gains overnight, prices reflected a […]

Oil drilling rigs operating in the U.S. fell by 3 to 863 rigs

By spragueoperati | October 1, 2018 | 0 Comments

Recap: Oil prices climbed for the second straight month, with Brent reaching a fresh four-year high, while WTI rose to its highest level since July 11. Impending U.S. sanctions against Iran […]

November NYMEX Natural Gas Futures Contracts Closed at $3.056 on Thursday, September 27th

By spragueoperati | September 28, 2018 | 0 Comments

On Thursday, September 27th –the November NYMEX Natural Gas Futures Contracts began trading as the prompt month.  Opening at $2.993, above Wednesday’s closing price of $2.980, prices rose to the […]

Oil prices drifted lower as the dollar strengthened

By spragueoperati | September 28, 2018 | 0 Comments

Recap: Oil prices rebounded on Thursday, with November Brent reaching $82.42 a barrel, a fresh four-year high, while November WTI climbed back above $72.00 a barrel. In what was a moderately […]

EIA reported that U.S. crude oil inventories increased by 1.9 million barrels

By spragueoperati | September 27, 2018 | 0 Comments

Recap: Oil prices slipped on Wednesday after the EIA report indicated that U.S. crude oil inventories increased 1.9 million barrels, as opposed to the expected 2.2 million barrel decrease forecast by […]