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Traders Sought Buying Opportunities After the Market Fell to its Lowest Levels Since July

By spragueoperati | November 13, 2023 | 0 Comments

Recap:  The crude market traded higher on Friday, as traders sought buying opportunities after the market fell to its lowest levels since July earlier this week. The crude market posted […]

December NYMEX Natural Gas Futures Contract Closed at $3.041 on Thursday, November 9th

By spragueoperati | November 10, 2023 | 0 Comments

Thursday, November 9th saw the front-month NYMEX Natural Gas Futures Contract open at $3.128, two cents above Wednesday’s closing price of $3.106. Marking the intraday high of $3.130 within minutes […]

The Market, Which Lost About 7% in the Previous Two Sessions, Bounced Off its Lows

By spragueoperati | November 10, 2023 | 0 Comments

Recap:  The oil market on Thursday retraced some of its previous losses and posted an inside trading day. The market, which lost about 7% in the previous two sessions, bounced […]

December NYMEX Natural Gas Futures Contract Closed at $3.106 on Wednesday, November 8th

By spragueoperati | November 9, 2023 | 0 Comments

Wednesday, November 8th saw the front-month NYMEX Natural Gas Futures Contract open at $3.096, four cents below Tuesday’s closing price of $3.140. Similar to the previous sessions, prices rose to […]

The Oil Market Continued on its Downward Trend on Wednesday and Settled Down for the Second Consecutive Session

By spragueoperati | November 9, 2023 | 0 Comments

Recap:  The oil market continued on its downward trend on Wednesday and settled down for the second consecutive session on concerns over declining demand in the U.S. and China. The […]

December NYMEX Natural Gas Futures Contract Closed at $3.140 on Tuesday, November 7th

By spragueoperati | November 8, 2023 | 0 Comments

Tuesday, November 7th saw the front-month NYMEX Natural Gas Futures Contract open at $3.161, ten cents below Monday’s closing price of $3.264. Falling to an intraday low of $3.099 at […]

The Oil Market Fell Sharply to its Lowest Level Since Late July on Concerns Over Demand

By spragueoperati | November 8, 2023 | 0 Comments

Recap:  The oil market fell sharply to its lowest level since late July on concerns over demand amid weak trade data from China and doubts on whether the Federal Reserve […]

December NYMEX Natural Gas Futures Contract Closed at $3.264 on Monday, November 6th

By spragueoperati | November 7, 2023 | 0 Comments

Monday, November 6th saw the front-month NYMEX Natural Gas Futures Contract open at $3.332, eighteen cents below Friday’s closing price of $3.515. Reaching up to tag the intraday high of […]

The Market Was Well Supported by Saudi Arabia and Russia on Sunday Reaffirming Their Commitment to Their Additional Voluntary Output Cuts

By spragueoperati | November 7, 2023 | 0 Comments

Recap:  The oil market posted an inside trading day after the market was well supported by Saudi Arabia and Russia on Sunday reaffirming their commitment to their additional voluntary output […]

December NYMEX Natural Gas Futures Contract Closed at $3.515 on Friday, November 3rd

By spragueoperati | November 6, 2023 | 0 Comments

Friday, November 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.524, five cents above Thursday’s closing price of $3.472. The contract sought direction early on as traders […]