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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. […]
Thursday, January 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.547, four cents above Wednesday’s closing price of $3.509. Tallying the intraday high of $3.552 as markets […]
Sprague Resources LP Announces Cash Distribution for the Fourth Quarter of 2017 and Earnings Conference Call Schedule Sprague increases cash distribution from $0.6225 to $0.6375 per unit Portsmouth, NH (January […]
Recap: Oil prices extended their gains after the EIA report indicated U.S. crude oil inventories fell for the 10th straight week, the longest streak of losses recorded. According to the report, […]
Recap: Oil prices opened the session above unchanged then proceeded to move sideways in overnight trading. A daybreak dip failed to reach $63.48, the 10-day moving average for WTI, spurring […]
Tuesday, January 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.348, twelve cents above Monday’s closing price of $3.224. Expectations for an above average storage withdrawal for […]
Monday, January 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.219, three cents above Friday’s closing price of $3.185. After posting gains overnight as traders focused on […]
Recap: A lack of new fundamentals pushed oil prices lower in overnight and early morning trading, but the market fell short of taking out the lows from last week. A sharp […]
Friday, January 19th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.167, two cents below Thursday’s closing price of $3.189. Stumbling to the intraday low of $3.157 out […]
Recap: After reaching their highest level in over 3 years, oil prices experienced their largest weekly loss since October. Despite tightening global supplies, U.S. production continues to soar, counterbalancing output […]