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Oil prices bounced sharply on Wednesday after trading lower early in the session

By spragueoperati | January 3, 2019 | Comments Off on Oil prices bounced sharply on Wednesday after trading lower early in the session

Recap: Oil prices bounced sharply on Wednesday after trading lower early in the session on rising U.S. and Russian production, a boost in Iraqi exports and concern over an economic […]

February NYMEX Natural Gas Futures Contracts Closed at $2.958 on Wednesday, January 2nd

By spragueoperati | January 3, 2019 | Comments Off on February NYMEX Natural Gas Futures Contracts Closed at $2.958 on Wednesday, January 2nd

Wednesday, January 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.936, nearly even to Monday’s closing price of $2.940.  Marking the intraday low of $2.905 by 9:20AM, […]

Oil prices experienced their worst annual loss since 2015

By spragueoperati | January 2, 2019 | Comments Off on Oil prices experienced their worst annual loss since 2015

Recap: After rising to their highest level in 3 years, oil prices experienced their worst annual loss since 2015, with WTI finishing the year down 24.8 percent and Brent falling […]

February NYMEX Natural Gas Futures Contracts Closed at $2.940 on Monday, December 31st

By spragueoperati | January 2, 2019 | Comments Off on February NYMEX Natural Gas Futures Contracts Closed at $2.940 on Monday, December 31st

Monday, December 31st saw the front-month NYMEX Natural Gas Futures Contracts open at $3.128, nearly eighteen cents below Friday’s closing price of $3.303.  Falling drastically on the last trading day […]

Oil prices were pressured by a volatile U.S. equities market and varying U.S. inventory reports

By spragueoperati | December 31, 2018 | Comments Off on Oil prices were pressured by a volatile U.S. equities market and varying U.S. inventory reports

Recap: Oil prices firmed on Friday, after a several days of unstable trading, after being pushed and pulled by a volatile U.S. equities market, varying U.S. inventory reports, and supply/demand […]

February NYMEX Natural Gas Futures Contracts Closed at $3.303 on Friday, December 28th

By spragueoperati | December 31, 2018 | Comments Off on February NYMEX Natural Gas Futures Contracts Closed at $3.303 on Friday, December 28th

On Friday, December 28th – the February NYMEX Natural Gas Futures Contract began trading as the prompt month.  Opening at $3.356, nineteen cents below Thursday’s closing price of $3.546, prices […]

February NYMEX Natural Gas Futures Contracts Closed at $3.546 on Thursday, December 27th

By spragueoperati | December 28, 2018 | Comments Off on February NYMEX Natural Gas Futures Contracts Closed at $3.546 on Thursday, December 27th

Thursday, December 27th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.587, roughly four cents above Wednesday’s closing price of $3.543.  Slipping lower to mark the intraday low […]

Oil prices were pressured by concerns over a faltering global economy

By spragueoperati | December 28, 2018 | Comments Off on Oil prices were pressured by concerns over a faltering global economy

Recap: After staging a comeback on Wednesday, oil prices reversed course on Thursday, with prices falling on pressure by concerns over a faltering global economy and worries about a glut […]

Alexander Novak expects oil prices to become more stable in the first half of 2019

By spragueoperati | December 27, 2018 | Comments Off on Alexander Novak expects oil prices to become more stable in the first half of 2019

Recap: Oil prices surged on Wednesday, after falling close to $40.00 a barrel in WTI and $50.00 a barrel in Brent the previous session. WTI traded up 9.8 percent, to […]

February NYMEX Natural Gas Futures Contracts Closed at $3.458 on Wednesday, December 26th

By spragueoperati | December 27, 2018 | Comments Off on February NYMEX Natural Gas Futures Contracts Closed at $3.458 on Wednesday, December 26th

Wednesday, December 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.388, eight cents below Monday’s closing price of $3.467.  Choppy trading through the early morning, as prices […]