Search Results

An unexpected drop in Saudi crude production lifted oil prices on Monday

By spragueoperati | August 7, 2018 | 0 Comments

Recap: An unexpected drop in Saudi crude production lifted oil prices on Monday, taking prices to their highest level in four days. October Brent pushed passed $74.07, the 10-day moving […]

September NYMEX Natural Gas Futures Contracts Closed at $2.860 on Monday, August 6th

By spragueoperati | August 7, 2018 | 0 Comments

Monday, August 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.826, nearly three cents below Friday’s closing price of $2.853.  Ascending to surpass the $2.84 level as […]

September NYMEX Natural Gas Futures Contracts Closed at $2.853 on Friday, August 3rd

By spragueoperati | August 6, 2018 | 0 Comments

Friday, August 3rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.842, nearly three cents above Thursday’s closing price of $2.816.  Riding Thursday’s storage induced wave of buying, […]

Oil prices fell from early gains as trade war jitters continue to permeate the marketplace

By spragueoperati | August 6, 2018 | 0 Comments

Recap: Oil prices fell from early gains as trade war jitters continue to permeate the marketplace. Traders are left to grapple with the impact such wars can and will have […]

September NYMEX Natural Gas Futures Contracts Closed at $2.816 on Thursday, August 2nd

By spragueoperati | August 3, 2018 | 0 Comments

Thursday, August 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.758, even to Wednesday’s closing price.  Seesawing along $2.765 through the day’s opening ninety minutes, the contract […]

Genscape report suggested U.S. crude stocks held in Cushing, OK fell 1.1 million barrels since July 27

By spragueoperati | August 3, 2018 | 0 Comments

Recap: Oil prices rose for the first time in three sessions as traders reacted to a Genscape report suggesting U.S. crude stocks held in Cushing, OK fell 1.1 million barrels […]

EIA reported a 3.8 million barrel build in U.S. crude oil inventories

By spragueoperati | August 2, 2018 | 0 Comments

Recap: Oil prices fell on Wednesday after the EIA reported an unexpected 3.8 million barrel build in U.S crude oil inventories. Expectations were calling for a draw of 2.8 million […]

September NYMEX Natural Gas Futures Contracts Closed at $2.758 on Wednesday, August 1st

By spragueoperati | August 2, 2018 | 0 Comments

Wednesday, August 1st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.771, nearly two cents below Tuesday’s closing price $2.782.  Weighing continued forecasts for the return of above-average […]

September NYMEX Natural Gas Futures Contracts Closed at $2.782 on Tuesday, July 31st

By spragueoperati | August 1, 2018 | 0 Comments

Tuesday, July 31st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.811, slightly above Friday’s closing price $2.797.  Stepping higher as markets opened, the weather-induced rally drove prices […]

Reuters’ survey put OPEC production for the month of July at 32.64 million barrels per day

By spragueoperati | August 1, 2018 | 0 Comments

Recap: Oil prices retreated from 3 week highs as concerns regarding supply constraints eased. WTI slipped as much as 2.3%, as it fell back below $69.00 a barrel, while Brent […]