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July NYMEX Natural Gas Futures Contracts Closed at $2.939 on Tuesday, June 26th

By spragueoperati | June 27, 2018 | 0 Comments

Tuesday, June 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.918, just below Monday’s closing price of $2.921.  Rallying from the intraday low of $2.907 early on, […]

July NYMEX Natural Gas Futures Contracts Closed at $2.921 on Monday, June 25th

By spragueoperati | June 26, 2018 | 0 Comments

Monday, June 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.904, four cents below Friday’s closing price of $2.945.  Marking the intraday low of $2.900 minutes after […]

OPEC agreed with Russia and other oil-producing allies to raise output starting in July

By spragueoperati | June 26, 2018 | 0 Comments

Recap: Oil prices were mixed in early hour trading, with August WTI spending the overnight session trading in a sideways pattern, close to Friday’s settlement of $68.58, while August Brent slipped […]

OPEC members agreed to raise output but by much less than traders anticipated

By spragueoperati | June 25, 2018 | 0 Comments

Recap: Oil prices rose on Friday, with WTI experiencing its largest weekly gain since the week of April 9th, as OPEC members agreed to raise output, but by much less than […]

July NYMEX Natural Gas Futures Contracts Closed at $2.945 on Friday, June 22nd

By spragueoperati | June 25, 2018 | 0 Comments

Friday, June 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.955, two cents below Thursday’s closing price of $2.975.  Experiencing volatility right out of the gate as […]

July NYMEX Natural Gas Futures Contracts Closed at $2.975 on Thursday, June 21st

By spragueoperati | June 22, 2018 | 0 Comments

Thursday, June 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.990, nearly three cents above Wednesday’s closing price of $2.964.  Continuing the previous session’s momentum early on […]

It is expected that producers will agree to raise output to meet rising global demand

By spragueoperati | June 22, 2018 | 0 Comments

Recap: Oil prices slipped on Thursday ahead of Friday’s long awaited meeting between OPEC and non-OPEC members, where it is widely expected that producers will agree to raise output. August Brent […]

July NYMEX Natural Gas Futures Contracts Closed at $2.964 on Wednesday, June 20th

By spragueoperati | June 21, 2018 | 0 Comments

Wednesday, June 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.936, nearly four cents above Tuesday’s closing price of $2.900.  Turning upward with a renewed possibility of […]

There was a surprise 5.9 million barrel build in US crude oil inventories

By spragueoperati | June 21, 2018 | 0 Comments

Recap: It was another wild ride for crude oil prices, as they reacted to an array of factors, among which were the surprise 5.9 million barrel build in U.S. crude oil […]

July NYMEX Natural Gas Futures Contracts Closed at $2.900 on Tuesday, June 19th

By spragueoperati | June 20, 2018 | 0 Comments

Tuesday, June 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.913, four cents below Monday’s closing price of $2.951.  Giving up additional losses as bearish weather is […]