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Oil prices slipped on Wednesday after Tropical Storm Gordon petered out as it hit the U.S. Gulf Coast

By spragueoperati | September 6, 2018 | 0 Comments

Recap: Oil prices slipped on Wednesday after Tropical Storm Gordon petered out as it hit the U.S. Gulf Coast, without leaving any damage to oil-producing infrastructure. With the storm being […]

October NYMEX Natural Gas Futures Contracts Closed at $ 2.795 on Wednesday, September 5th

By spragueoperati | September 6, 2018 | 0 Comments

Wednesday, September 5th saw the front-month NYMEX Natural Gas Futures open at $2.836, a penny above Tuesday’s closing price of $2.823.  Despite pre-market trading that lifted the contract above $2.84, […]

Tropical Storm Gordon could potentially lead to supply disruptions

By spragueoperati | September 5, 2018 | 0 Comments

Recap: Oil prices rose on Tuesday, gaining strength on the potential that Tropical Storm Gordon could reach hurricane status by the time it is set to hit the U.S. Gulf […]

October NYMEX Natural Gas Futures Contracts Closed at $2.823 on Tuesday, September 4th

By spragueoperati | September 5, 2018 | 0 Comments

Tuesday, September 4th saw the front-month NYMEX Natural Gas Futures open at $2.857, six cents below Friday’s closing price of $2.916.  Experiencing volatility within the opening hour, prices dropped as […]

October NYMEX Natural Gas Futures Contracts Closed at $2.916 on Friday, August 31st

By spragueoperati | September 4, 2018 | 0 Comments

Friday, August 31st saw the front-month NYMEX Natural Gas Futures open at $2.912, nearly four cents above Thursday’s closing price of $2.874.  Posting gains early on as prices rose to […]

Oil prices retreated from their highest level in 7-weeks

By spragueoperati | September 4, 2018 | 0 Comments

Recap: Oil prices retreated from their highest level in 7-weeks, pressured by rising production by the U.S. and OPEC and by renewed concern that the global trade war between China […]

October NYMEX Natural Gas Futures Contracts Closed at $2.874 on Thursday, August 29th

By spragueoperati | August 31, 2018 | 0 Comments

On Thursday, August 29th – the October NYMEX Natural Gas Futures Contracts began trading as the prompt month.  Opening at $2.888, two cents above Wednesday’s closing price of $2.863, the […]

Oil prices hit their highest level in over a month

By spragueoperati | August 31, 2018 | 0 Comments

Recap: Oil prices rose to their highest level in over a month, with WTI breaking above $70.00 a barrel for the first time since July 11th and Brent breaching $78.00 […]

Oil prices rose to their highest level in a month

By spragueoperati | August 30, 2018 | 0 Comments

Recap: Oil prices rose to their highest level in a month, after the EIA report showed U.S. crude oil inventories fell 2.6 million barrels, higher than the expected 1 million […]

September NYMEX Natural Gas Futures Contracts Closed at $2.895 on Wednesday, August 29th

By spragueoperati | August 30, 2018 | 0 Comments

On Wednesday, August 29th – settlement day for the September Contract – the front-month NYMEX Natural Gas Futures Contracts open at $2.875, two cents above Tuesday’s closing price of $2.852.  […]