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April NYMEX Natural Gas Futures Contracts Closed at $2.777 on Wednesday, March 7th

By spragueoperati | March 8, 2018 | 0 Comments

Wednesday, March 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.777, three cents above Tuesday’s closing price of $2.749.  Adding a penny as markets opened to reach […]

The market traded lower as US oil production increased to a record high of 10.369 million bpd on the week

By spragueoperati | March 8, 2018 | 0 Comments

Recap: The oil market on Wednesday traded mostly sideways in overnight trading before it breached its previous losses and sold off to $61.65 ahead of the release of the EIA’s […]

April NYMEX Natural Gas Futures Contracts Closed at $2.749 on Tuesday, March 6th

By spragueoperati | March 7, 2018 | 0 Comments

Tuesday, March 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.732, three cents above Monday’s closing price of $2.704.  Directed higher overnight by below-average forecasts, prices traded […]

The inventory report is expected to reflect an increase of 3 million barrels of oil

By spragueoperati | March 7, 2018 | 0 Comments

Recap: Oil prices were mixed on Tuesday, trading within a tight range ahead of the API inventory report. Brent was the stronger of the two blends, holding onto gains as Europe […]

Monday was the largest one day gain in almost three weeks for oil prices

By spragueoperati | March 6, 2018 | 0 Comments

Recap: Oil prices began the session trading close to unchanged, but quickly reversed course, as the stock market headed higher, adding to the upside momentum were signs that OPEC and […]

April NYMEX Natural Gas Futures Contracts Closed at $2.704 on Monday, March 5th

By spragueoperati | March 6, 2018 | 0 Comments

Monday, March 5th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.712, nearly two cents above Friday’s closing price of 2.695.  After recovering from overnight trading that saw […]

April NYMEX Natural Gas Futures Contracts Closed at $2.695 on Friday, March 2nd

By spragueoperati | March 5, 2018 | 0 Comments

Friday, March 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.713, nearly two cents above Thursday’s closing price of $2.698.  Rising to the intraday high of $2.720 […]

Baker Hughes reported the number of active rigs in the US increased by one unit, to 800 on the week

By spragueoperati | March 5, 2018 | 0 Comments

Recap: Despite staging a session comeback, oil prices settled at their lowest level in three weeks. Prices were hammered on Thursday after President Trump announced the imposition of tariffs on […]

April NYMEX Natural Gas Futures Contracts Closed at $2.698 on Thursday, March 1st

By spragueoperati | March 2, 2018 | 0 Comments

Thursday, March 1st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.670, nearly even to Wednesday’s closing price of $2.667.  Marking the intraday low of $2.669 as markets […]

Oil prices fell to their lowest level in two weeks

By spragueoperati | March 2, 2018 | 0 Comments

Recap: Oil prices took a hit for the third straight session after President Trump announced the imposition of tariffs on steel and aluminum imports to the U.S; which dragged down global […]