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May NYMEX Natural Gas Futures Contracts Closed at $2.686 on Thursday, April 12th

By spragueoperati | April 13, 2018 | 0 Comments

Thursday, April 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.693, nearly two cents above Wednesday’s closing price of $2.675.  Climbing initially to the intraday high of […]

EIA report showed an increase in US oil production to a new record level of 10.525 million bpd

By spragueoperati | April 12, 2018 | 0 Comments

Recap: The oil market continued to trend higher on Wednesday and traded to its highest level since late 2014 amid rising tensions in the Middle East.  The market opened up […]

The crude market breached its previous highs and extended Monday’s gains

By spragueoperati | April 11, 2018 | 0 Comments

Recap: The oil market opened 12 cents lower at $63.30 as it retraced some of Monday’s sharp gains.  The market posted a low of $63.20 but quickly bounced off that […]

May NYMEX Natural Gas Futures Contracts Closed at $2.656 on Tuesday, April 10th

By spragueoperati | April 11, 2018 | 0 Comments

Tuesday, April 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.668, roughly two cents below Monday’s closing price of $2.693.  Tumbling to the intraday low of $2.643 […]

The market was well supported by a rebound in the stock market as concerns over a trade war between the US and China eased

By spragueoperati | April 10, 2018 | 0 Comments

Recap: The crude market on Monday posted an inside trading day as it retraced Friday’s losses. The market was well supported by a rebound in the stock market as concerns […]

May NYMEX Natural Gas Futures Contracts Closed at $2.693 on Monday, April 9th

By spragueoperati | April 10, 2018 | 0 Comments

Monday, April 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.685, roughly two cents below Friday’s closing price of $2.701.  Rising modestly near $2.700 through 9:30AM, the […]

May NYMEX Natural Gas Futures Contracts Closed at $2.701 on Friday, April 6th

By spragueoperati | April 9, 2018 | 0 Comments

Friday, April 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.708, three cents above Thursday’s closing price of $2.675.  Tallying the respective intraday high and low of […]

The market was pressured due to the threat of new tariffs on imports from China

By spragueoperati | April 9, 2018 | 0 Comments

Recap: The oil market opened 16 cents higher and quickly posted a high of $63.79 on the opening before the market erased its gains and traded lower.  The market was […]

The oil market erased some of its gains and settled in a sideways trading pattern

By spragueoperati | April 6, 2018 | 0 Comments

Recap: The oil market retraced its previous losses on Thursday on improving market sentiments as signs emerged that the trade dispute is easing between the US and China.  Global equities […]

May NYMEX Natural Gas Futures Contracts Closed at $2.675 on Thursday, April 5th

By spragueoperati | April 6, 2018 | 0 Comments

Thursday, April 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.701, two cents below Wednesday’s closing price of $2.718.  Extending to the intraday high of $2.711 within […]