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U.S. oil prices posted their largest one day gain in eight weeks

By spragueoperati | November 27, 2018 | 0 Comments

Recap: After slipping to their lowest level in 13 months, U.S. oil prices posted their largest one day gain in eight weeks, with the January contract tipping the session at […]

December NYMEX Natural Gas Futures Contracts Closed at $4.282 on Monday, November 26th

By spragueoperati | November 27, 2018 | 0 Comments

Monday, November 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.064, twenty-four cents below Friday’s closing price of $4.308.  Clawing its way up from the intraday low […]

There was a 4.9 million barrel build in U.S. crude oil inventories

By spragueoperati | November 26, 2018 | 0 Comments

Recap: After falling to levels not seen in months, oil prices recovered on Wednesday, after the EIA report reflected strong demand for gasoline and diesel. In its immediate reaction to […]

December NYMEX Natural Gas Futures Contracts Closed at $4.523 on Tuesday, November 20th

By spragueoperati | November 21, 2018 | 0 Comments

Tuesday, November 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.597, roughly ten cents below Monday’s closing price of $4.700.  After recording the intraday high of $4.630 […]

Oil prices fell to their lowest level in almost a year

By spragueoperati | November 21, 2018 | 0 Comments

Recap: Oil prices fell to their lowest level in almost a year, as the stock market plunged 9 percent on growing concern over slowing global economic growth. Amid the uncertainty, financial […]

Crude oil continues to experience wild swings

By spragueoperati | November 20, 2018 | 0 Comments

Recap: Crude oil continues to experience wild swings, as investors grapple with an oversupplied market amid U.S. lead sanctions against Iran and possible production cuts from OPEC. U.S. oil gapped […]

December NYMEX Natural Gas Futures Contracts Closed at $4.700 on Monday, November 19th

By spragueoperati | November 20, 2018 | 0 Comments

Monday, November 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.518, nearly twenty-five cents above Friday’s closing price of $4.272.  Trending modestly lower to find the intraday […]

Talk of production cuts provided a lift for oil prices

By spragueoperati | November 19, 2018 | 0 Comments

Recap: U.S. crude oil closed in on the $58.00 level in early trading, but was unable to sustain strength. By midday, December WTI fell below unchanged, posting a session low […]

December NYMEX Natural Gas Futures Contracts Closed at $4.272 on Friday, November 16th

By spragueoperati | November 19, 2018 | 0 Comments

Friday, November 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.145, eleven cents above Thursday’s closing price of $4.038.  In a week where the contract nearly eclipsed […]

The EIA reported a 10.3 million barrel build in U.S. crude oil inventories

By spragueoperati | November 16, 2018 | 0 Comments

Recap: Crude oil prices continued to bounce from the extreme sell-off made earlier in the week despite the 10.3 million barrel build in U.S. crude oil inventories as reported by […]