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September NYMEX Natural Gas Futures Contracts Closed at $2.908 on Thursday, August 16th

By spragueoperati | August 17, 2018 | 0 Comments

Thursday, August 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.938, nearly even to Wednesday’s closing price of $2.940.  Extending to the intraday high of $2.949 by […]

September NYMEX Natural Gas Futures Contracts Closed at $2.940 on Wednesday, August 15th

By spragueoperati | August 16, 2018 | 0 Comments

Wednesday, August 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.952, nearly a penny below Tuesday’s closing price of $2.959.  A momentary jump to the intraday high […]

EIA’s report showed an unexpected build of 6.8 million barrels

By spragueoperati | August 16, 2018 | 0 Comments

Recap: The oil market opened 42 cents lower following Tuesday afternoon’s release of the API report, which showed an unexpected build in crude stocks of 3.7 million barrels.  The market […]

Prices fell as the dollar strengthened and as the financial crisis in Turkey heightened economic concerns

By spragueoperati | August 15, 2018 | 0 Comments

Recap: Oil prices tried to claw their way back from yesterday’s down day, but was held down by a strengthening dollar. Gains in equity markets spilled over into crude oil, […]

September NYMEX Natural Gas Futures Contracts Closed at $2.959 on Tuesday, August 14th

By spragueoperati | August 15, 2018 | 0 Comments

Tuesday, August 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.952, two cents above Monday’s closing price of $2.930.  Battling to reclaim Monday’s losses, prices rose to […]

Oil prices fell sharply in early trading on Monday

By spragueoperati | August 14, 2018 | 0 Comments

Recap: Oil prices fell sharply in early trading on Monday after an industry source hinted that U.S. crude oil inventories held at Cushing, OK fell during the week ending 8/3/2018 […]

September NYMEX Natural Gas Futures Contracts Closed at $2.930 on Monday, August 13th

By spragueoperati | August 14, 2018 | 0 Comments

Monday, August 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.920, two cents below Friday’s closing price of $2.944.  Seeking direction throughout the morning hours, the contract […]

There are concerns that trade wars between China and the U.S. will diminish demand

By spragueoperati | August 13, 2018 | 0 Comments

Recap: Oil prices finished higher on Friday. However, they posted their second weekly loss as forecasts for higher global demand and U.S. sanctions against Iran shortcut the effects of supply […]

September NYMEX Natural Gas Futures Contracts Closed at $2.944 on Friday, August 10th

By spragueoperati | August 13, 2018 | 0 Comments

Friday, August 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.924, three cents below Thursday’s closing price of $2.955.  Reclaiming lost territory in pre-market trading, prices buoyed […]

Trade tensions between China and the U.S. caused oil prices to slip for the second straight session

By spragueoperati | August 10, 2018 | 0 Comments

Recap: After a sharp move lower on Wednesday, oil prices slipped for the second straight session Thursday on escalating trade tensions between China and the U.S. After a feeble attempt […]