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January NYMEX Natural Gas Futures Contracts Closed at $3.838 on Tuesday, December 18th

By spragueoperati | December 19, 2018 | 0 Comments

Tuesday, December 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.697, seventeen cents above Monday’s closing price of $3.528.  Slipping to the intraday low of $3.652 as […]

Stocks fell amid growing concern over global economic growth and its impact on demand

By spragueoperati | December 18, 2018 | 0 Comments

Recap: After rising earlier in the session, oil prices plunged on Monday, as stocks fell amid growing concern over global economic growth and its impact on demand, while supplies in […]

January NYMEX Natural Gas Futures Contracts Closed at $3.528 on Monday, December 17th

By spragueoperati | December 18, 2018 | 0 Comments

Monday, December 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.681, nearly fifteen cents below Friday’s closing price of $3.827.  Continuing Friday’s freefall over the weekend as […]

Oil prices were pressured by falling equity markets and a stronger dollar

By spragueoperati | December 17, 2018 | 0 Comments

Recap: Oil prices fell on Friday, pressured by weak economic data out of China, falling equity markets and a stronger dollar. January WTI fell as much as 3%, hitting a […]

January NYMEX Natural Gas Futures Contracts Closed at $3.827 on Friday, December 14th

By spragueoperati | December 17, 2018 | 0 Comments

Friday, December 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.951, seventeen cents below Thursday’s closing price of $4.124.  Breaking sharply from the bull flag pattern that […]

The IEA report shows an increase of 100,00 barrels per day of OPEC output for the month of November

By spragueoperati | December 14, 2018 | 0 Comments

Recap: At the onset of Thursday’s session, oil futures fell toward key support, as traders responded to the IEA report, which showed an increase of 100,000 barrels per day of […]

January NYMEX Natural Gas Futures Contracts Closed at $4.124 on Thursday, December 13th

By spragueoperati | December 14, 2018 | 0 Comments

Thursday, December 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.276, fourteen cents above Wednesday’s closing price of $4.136.  Reaching the intraday high of $4.307 by 10:10AM, […]

January NYMEX Natural Gas Futures Contracts Closed at $4.136 on Wednesday, December 12th

By spragueoperati | December 13, 2018 | 0 Comments

Wednesday, December 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.183, roughly twenty-two cents below Tuesday’s closing price of $4.407.  Diminished overnight by updated forecasts predicting a […]

API reported a 10.2 million barrel drop in supplies

By spragueoperati | December 13, 2018 | 0 Comments

Recap: It was an erratic trading session for oil prices on Wednesday, with prices trading on both sides of unchanged. Crude oil futures began the session trading above unchanged as […]

Libya’s National Oil Company declared force majeure on exports from the El Sharara oilfield

By spragueoperati | December 12, 2018 | 0 Comments

Recap: Oil prices rose on Tuesday aided by a rise in global equity markets and after Libya’s National Oil Company declared force majeure on Monday on exports from the El Sharara […]