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Wednesday, January 31st saw the front-month NYMEX Natural Gas Futures Contracts open at $3.062, thirteen cents below Tuesday’s closing price of $3.195. Technical trading drove markets lower overnight as traders […]
Recap: The downside correction in oil prices continued on Wednesday, encouraged by the larger than expected increase in U.S. crude oil inventories. According to the EIA, crude oil stockpiles rose 6.8 […]
On Tuesday, January 30th – the March NYMEX Natural Gas Futures Contracts began trading as the prompt month. Opening at $3.236, seven cents below Monday’s closing price of 3.167, prices […]
Recap: After rising to 3-year highs, oil prices are beginning to show signs of weakening, as investors exit record length and U.S. production continues to strengthen. Prices may very likely […]
On Monday, January 29th – settlement day for the February Contract – the front-month NYMEX Natural Gas Futures Contracts opened at $3.379, thirteen cents below Friday’s closing price of $3.505. […]
Recap: The oil market traded higher on the opening and rallied to a high of $66.46 in overnight trading after the market breached its previous high. However, the market erased its […]
Recap: Oil prices retreated from three year highs on Friday, but finished the session with posted gains, as the dollar weakened and the U.S. rig rose. Oil prices settled at their […]
Friday, January 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.466, two cents above Thursday’s closing price of $3.447. Stepping higher to reach above $3.540 ahead of […]
Sprague increases cash distribution from $0.6225 to $0.6375 per unit Portsmouth, NH (January 26, 2018) – Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors of […]
Recap: Oil prices climbed to their highest level in more than 3-years, but remarks about the U.S. dollar by President Trump pushed the dollar higher, which in turn pressured oil prices. […]