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Oil prices fell to their lowest level in 17-months

By spragueoperati | December 26, 2018 | Comments Off on Oil prices fell to their lowest level in 17-months

Recap: After trading slightly higher in overnight trading, oil prices reversed course and fell to their lowest level in 17-months, as traders squared books ahead of the upcoming Christmas Holiday […]

On Thursday, oil prices reached their lowest level in a year

By spragueoperati | December 21, 2018 | Comments Off on On Thursday, oil prices reached their lowest level in a year

Recap: Oil prices fell 5% on Thursday, reaching their lowest level in a year. Prices tumbled as the stock market sank amid heightened concern over the global economy and its […]

January NYMEX Natural Gas Futures Contracts Closed at $3.583 on Thursday, December 20th

By spragueoperati | December 21, 2018 | Comments Off on January NYMEX Natural Gas Futures Contracts Closed at $3.583 on Thursday, December 20th

Thursday, December 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.898, seventeen cents above Wednesday’s closing price of $3.726.  A quick jump to the intraday high of […]

The EIA report showed a draw of 497,000 barrels in U.S. crude oil inventories

By spragueoperati | December 20, 2018 | Comments Off on The EIA report showed a draw of 497,000 barrels in U.S. crude oil inventories

Recap: After falling over 7% the previous session, oil prices rose Wednesday in response to the EIA report, which reflected a draw of 497,000 barrels in U.S. crude oil inventories. […]

January NYMEX Natural Gas Futures Contracts Closed at $3.726 on Wednesday, December 19th

By spragueoperati | December 20, 2018 | Comments Off on January NYMEX Natural Gas Futures Contracts Closed at $3.726 on Wednesday, December 19th

Wednesday, December 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.650, nearly nineteen cents below Tuesday’s closing price of $3.838.  Unable to sustain Tuesday’s growth, as it […]

Crude oil prices fell on Tuesday due to signs of a weakening global economy

By spragueoperati | December 19, 2018 | Comments Off on Crude oil prices fell on Tuesday due to signs of a weakening global economy

Recap: Crude oil prices plummeted on Tuesday on signs of a weakening global economy, amidst increasing inventories and forecasts of record U.S. and Russian output. WTI fell as much as 8.1 […]

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

By spragueoperati | December 19, 2018 | Comments Off on January NYMEX Natural Gas Futures Contracts Closed at $3.838 on Tuesday, December 18th

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

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

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 | Comments Off on Oil prices were pressured by falling equity markets and a stronger dollar

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 […]