Search Results

October NYMEX Natural Gas Futures Contracts Closed at $3.038 on Monday, September 24th

By spragueoperati | September 25, 2018 | 0 Comments

Monday, September 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.996, two cents above Friday’s closing price of $2.977.  Boosted higher by forecasts for seasonal fall weather […]

Global producers met in Algiers over the weekend but the meeting ended without a commitment to ramping up production

By spragueoperati | September 25, 2018 | 0 Comments

Recap: A non-commitment to increase output by OPEC and non-OPEC producers pushed Brent to a fresh four year high and WTI above $72.00 a barrel for the first time since early […]

OPEC and its allies met on Sunday to discuss production increases

By spragueoperati | September 24, 2018 | 0 Comments

Recap: Oil prices rose on Friday, ahead of Sunday’s meeting between OPEC and its allies. The topic of conversation at the meeting will most likely focus on production increases, as the […]

October NYMEX Natural Gas Futures Contracts Closed at $2.977 on Friday, September 21st

By spragueoperati | September 24, 2018 | 0 Comments

Friday, September 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.958, two cents below Thursday’s closing price of $2.976.  Building upon Thursday’s rally, which was in part […]

Prices continue to be caught in a tug-of-war between supply concerns

By spragueoperati | September 21, 2018 | 0 Comments

Recap: Oil prices slipped from four year highs on Thursday, following a tweet by U.S. President Donald Trump, calling on OPEC to “get prices down now.” November Brent tipped above $80.00 […]

October NYMEX Natural Gas Futures Contracts Closed at $2.976 on Thursday, September 20th

By spragueoperati | September 21, 2018 | 0 Comments

Thursday, September 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.917, a penny above Wednesday’s closing price of $2.908.  Trading within a tight band near $2.920 through […]

The EIA reported the fifth weekly decline in U.S. crude oil inventories

By spragueoperati | September 20, 2018 | 0 Comments

Recap: WTI rose by almost 2% on Wednesday after the EIA reported the fifth weekly decline in U.S. crude oil inventories. According to the report, U.S. crude oil stockpiles fell 2.1 […]

October NYMEX Natural Gas Futures Contracts Closed at $2.908 on Wednesday, September 19th

By spragueoperati | September 20, 2018 | 0 Comments

Wednesday, September 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.916, nearly two cents below Tuesday’s closing price of $2.933.  Directed higher out of the gate to […]

Oil prices rose more than 2% on Tuesday

By spragueoperati | September 19, 2018 | 0 Comments

Recap: Oil prices rose more than 2% on Tuesday on rising concern  that OPEC would not be able to ramp up output in time to make up for the shortfalls […]

October NYMEX Natural Gas Futures Contracts Closed at $2.933 on Tuesday, September 18th

By spragueoperati | September 19, 2018 | 0 Comments

Tuesday, September 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.836, two cents above Monday’s closing price of $2.814.  Posting a hesitant opening as prices fell to […]