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October NYMEX Natural Gas Futures Contracts Closed at $2.767 on Friday, September 14th

By spragueoperati | September 17, 2018 | 0 Comments

Friday, September 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.796, two cents below Thursday’s closing price of $2.817.  Retreating from the intraday high of $2.797 within […]

IEA stated that world oil demand will surpass 100 million bpd in the next three months

By spragueoperati | September 14, 2018 | 0 Comments

Recap: The crude market retraced more than 62% of its recent move higher from a low of $66.86 to Wednesday’s high of $71.26 as it fell more than 2.5% on […]

October NYMEX Natural Gas Futures Contracts Closed at $2.817 on Thursday, September 13th

By spragueoperati | September 14, 2018 | 0 Comments

Thursday, September 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.847, two cents above Wednesday’s closing price of $2.829.  Tallying the intraday high of $2.854 as markets […]

EIA report showed a 5.3 million barrel draw in U.S. crude oil inventories

By spragueoperati | September 13, 2018 | 0 Comments

Recap: Oil prices climbed higher on Wednesday, after the EIA report showed a 5.3 million barrel draw in U.S. crude oil inventories. October WTI rose above $71.00 a barrel, while […]

October NYMEX Natural Gas Futures Contracts Closed at $2.829 on Wednesday, September 12th

By spragueoperati | September 13, 2018 | 0 Comments

Wednesday, September 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.850, two cents above Tuesday’s closing price of $2.828.  Riding a wave a pre-market weather induced buying, […]

Oil prices rose on Tuesday, as Hurricane Florence threatens supplies as it makes its way across the U.S. East Coast

By spragueoperati | September 12, 2018 | 0 Comments

Recap: Oil prices rose on Tuesday, as Hurricane Florence threatens supplies as it makes its way across the U.S. East Coast. This, in conjunction with the EIA lowering its forecasts […]

October NYMEX Natural Gas Futures Contracts Closed at $2.828 on Tuesday, September 11th

By spragueoperati | September 12, 2018 | 0 Comments

Tuesday, September 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.797, a penny below Monday’s closing price of $2.804.  Posting a modest decline through 10:30AM, the contract […]

October NYMEX Natural Gas Futures Contracts Closed at $2.804 on Monday, September 10th

By spragueoperati | September 11, 2018 | 0 Comments

Monday, September 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.770, slightly below Friday’s closing price of $2.776.  Sinking to the intraday low of $2.752 by 9:20AM, […]

Traders turned their attention to the potential of Hurricane Florence and its impact on demand on the East Coast.

By spragueoperati | September 11, 2018 | 0 Comments

Recap: After posting gains in overnight trading, WTI reversed to the downside on increasing concern that Hurricane Florence, which is brewing out in the Atlantic, would diminish demand for oil. […]

Oil prices were pressured by a weaker equity market, strength in the dollar and Thursday’s U.S. inventory report

By spragueoperati | September 10, 2018 | 0 Comments

Recap: Oil prices spent most of Friday’s session trading to the downside, pressured by several factors including but not limited to a weaker equity market, strength in the dollar and […]