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July NYMEX Natural Gas Futures Contracts Closed at $2.996 on Wednesday, June 27th

By spragueoperati | June 28, 2018 | 0 Comments

On Wednesday, June 27th – settlement day for the July Contract — the front-month NYMEX Natural Gas Futures Contracts opened at $2.999, six cents above Tuesday’s closing price of $2.939.  […]

WTI and Brent both increased after the U.S. reported the U.S. would impose sanctions on any country continuing to import Iranian crude oil

By spragueoperati | June 27, 2018 | 0 Comments

Recap: WTI rose to a five week high, while Brent climbed to its highest level in ten days after a U.S official reported the U.S. would impose sanctions on any […]

July NYMEX Natural Gas Futures Contracts Closed at $2.939 on Tuesday, June 26th

By spragueoperati | June 27, 2018 | 0 Comments

Tuesday, June 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.918, just below Monday’s closing price of $2.921.  Rallying from the intraday low of $2.907 early on, […]

July NYMEX Natural Gas Futures Contracts Closed at $2.921 on Monday, June 25th

By spragueoperati | June 26, 2018 | 0 Comments

Monday, June 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.904, four cents below Friday’s closing price of $2.945.  Marking the intraday low of $2.900 minutes after […]

OPEC agreed with Russia and other oil-producing allies to raise output starting in July

By spragueoperati | June 26, 2018 | 0 Comments

Recap: Oil prices were mixed in early hour trading, with August WTI spending the overnight session trading in a sideways pattern, close to Friday’s settlement of $68.58, while August Brent slipped […]

OPEC members agreed to raise output but by much less than traders anticipated

By spragueoperati | June 25, 2018 | 0 Comments

Recap: Oil prices rose on Friday, with WTI experiencing its largest weekly gain since the week of April 9th, as OPEC members agreed to raise output, but by much less than […]

July NYMEX Natural Gas Futures Contracts Closed at $2.945 on Friday, June 22nd

By spragueoperati | June 25, 2018 | 0 Comments

Friday, June 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.955, two cents below Thursday’s closing price of $2.975.  Experiencing volatility right out of the gate as […]

July NYMEX Natural Gas Futures Contracts Closed at $2.975 on Thursday, June 21st

By spragueoperati | June 22, 2018 | 0 Comments

Thursday, June 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.990, nearly three cents above Wednesday’s closing price of $2.964.  Continuing the previous session’s momentum early on […]

It is expected that producers will agree to raise output to meet rising global demand

By spragueoperati | June 22, 2018 | 0 Comments

Recap: Oil prices slipped on Thursday ahead of Friday’s long awaited meeting between OPEC and non-OPEC members, where it is widely expected that producers will agree to raise output. August Brent […]

July NYMEX Natural Gas Futures Contracts Closed at $2.964 on Wednesday, June 20th

By spragueoperati | June 21, 2018 | 0 Comments

Wednesday, June 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.936, nearly four cents above Tuesday’s closing price of $2.900.  Turning upward with a renewed possibility of […]