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May NYMEX Natural Gas Futures Contract Closed at $1.763 on Thursday, March 28th

By spragueoperati | March 29, 2024 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $1.763 on Thursday, March 28th

Thursday, March 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.738, two cents above Wednesday’s closing price of $1.718. Trading within a tight band near $1.745 leading […]

May NYMEX Natural Gas Futures Contract Closed at $1.718 on Wednesday, March 27th

By spragueoperati | March 28, 2024 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $1.718 on Wednesday, March 27th

Wednesday, March 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.747, four cents below Tuesday’s closing price of $1.788. Recording the intraday high as markets opened, prices […]

Signs That OPEC+ is Unlikely to Change its Output Policy at its Meeting Next Week

By spragueoperati | March 28, 2024 | Comments Off on Signs That OPEC+ is Unlikely to Change its Output Policy at its Meeting Next Week

Recap:  The oil market continued to trade lower on Wednesday amid signs that OPEC+ is unlikely to change its output policy at its meeting next week and the unexpected builds […]

May NYMEX Natural Gas Futures Contract Closed at $1.788 on Tuesday, March 26th

By spragueoperati | March 27, 2024 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $1.788 on Tuesday, March 26th

Tuesday, March 26th saw the April NYMEX Natural Gas Futures Contract settle at $1.575, four cents below Monday’s closing price of $1.615. The more actively traded May contract opened at […]

The Oil Market Posted an Inside Trading Day on Tuesday After Breaking a Three-Day Losing Streak

By spragueoperati | March 27, 2024 | Comments Off on The Oil Market Posted an Inside Trading Day on Tuesday After Breaking a Three-Day Losing Streak

Recap:  The oil market posted an inside trading day on Tuesday after breaking a three-day losing streak on Monday. Traders weighed the bearish effect of the decline in Russian refinery […]

April NYMEX Natural Gas Futures Contract Closed at $1.615 on Monday, March 25th

By spragueoperati | March 26, 2024 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.615 on Monday, March 25th

Monday, March 25th saw the front-month NYMEX Natural Gas Futures Contract open at $1.615, four cents below Friday’s closing price of $1.659. Marking the intraday low of $1.608 within minutes […]

The Crude Market on Monday Traded Higher as the Russian Government Ordered Producers to Cut Output

By spragueoperati | March 26, 2024 | Comments Off on The Crude Market on Monday Traded Higher as the Russian Government Ordered Producers to Cut Output

Recap:  The crude market on Monday traded higher as the Russian government ordered producers to cut output. The oil market, which posted an inside trading day on Friday, posted a […]

April NYMEX Natural Gas Futures Contract Closed at $1.659 on Friday, March 22nd

By spragueoperati | March 25, 2024 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.659 on Friday, March 22nd

Friday, March 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.668, a penny below Thursday’s closing price of $1.683. In an uneventful day of trading, prices traded […]

Traders Positioned Themselves Ahead of the Weekend Amid the Possibility of a Ceasefire in Gaza

By spragueoperati | March 25, 2024 | Comments Off on Traders Positioned Themselves Ahead of the Weekend Amid the Possibility of a Ceasefire in Gaza

Recap:  The crude market on Friday posted an inside trading day as traders positioned themselves ahead of the weekend amid the possibility of a ceasefire in Gaza. On Thursday, U.S. […]

April NYMEX Natural Gas Futures Contract Closed at $1.683 on Thursday, March 21st

By spragueoperati | March 22, 2024 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.683 on Thursday, March 21st

Thursday, March 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.685, a penny below Wednesday’s closing price of $1.699. Knocked down overnight by softening forecasts and the […]