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December NYMEX Natural Gas Futures Contract Closed at $3.575 on Tuesday, October 31st

By spragueoperati | November 1, 2023 | 0 Comments

Tuesday, October 31st saw the front-month NYMEX Natural Gas Futures Contract open at $3.417, six cents above Monday’s closing price of $3.352. Dipping to the intraday low of $3.415 out […]

The Oil Market Traded Lower as it Positioned Itself Ahead of the Weekly Petroleum Stock Reports

By spragueoperati | November 1, 2023 | 0 Comments

Recap:   The oil market traded lower as it positioned itself ahead of the weekly petroleum stock reports and the outcome of the Federal Reserve meeting on Wednesday. The market was […]

December NYMEX Natural Gas Futures Contract Closed at $3.352 on Monday, October 30th

By spragueoperati | October 31, 2023 | 0 Comments

Monday, October 30th saw the front-month NYMEX Natural Gas Futures Contract open at $3.347, nearly fourteen cents below Friday’s closing price of $3.483. Knocked down by updated weather forecasts shedding […]

The Oil Market Fell on Monday with Fears Easing About the Israel-Hamas War Disrupting Supply

By spragueoperati | October 31, 2023 | 0 Comments

Recap:  The oil market fell on Monday with fears easing about the Israel-Hamas war disrupting supply. While the war between Israel and Hamas intensified with Israeli troops and tanks attacking […]

December NYMEX Natural Gas Futures Contract Closed at $3.483 on Friday, October 27th

By spragueoperati | October 30, 2023 | 0 Comments

Friday, October 27th saw the November NYMEX Natural Gas Futures Contract settle at $3.164, five cents below Thursday’s closing price of $3.214. The more actively traded December Contract opened at […]

The Market Was Weighing Concerns Over the Economy and the Concerns Over the Conflict Between Israel and Hamas Spreading in the Middle East

By spragueoperati | October 30, 2023 | 0 Comments

Recap:  On Friday, the oil market traded mostly sideways before it rallied ahead of the weekend. Throughout the session, the market was weighing concerns over the economy and the concerns […]

November NYMEX Natural Gas Futures Contract Closed at $3.214 on Thursday, October 26th

By spragueoperati | October 27, 2023 | 0 Comments

Thursday, October 26th saw the front-month NYMEX Natural Gas Futures Contract open at $3.036, three cents above Wednesday’s closing price of $3.010. Marking the intraday low of $3.008 within minutes […]

The Oil Market Traded Mostly Within Thursday’s Trading Range as Concerns Over the Economy Weighed on Sentiment

By spragueoperati | October 27, 2023 | 0 Comments

Recap:  The oil market traded mostly within Thursday's trading range as concerns over the economy weighed on sentiment. The market remained supported in overnight trading and breached Wednesday’s high of […]

November NYMEX Natural Gas Futures Contract Closed at $3.010 on Wednesday, October 25th

By spragueoperati | October 26, 2023 | 0 Comments

Wednesday, October 25th saw the front-month NYMEX Natural Gas Futures Contract open at $3.012, four cents above Tuesday’s closing price of $2.971. Spurred on by short-term heating demand covering key […]

The Crude Market Traded Higher on Wednesday as the Market Remained Concerned About the Israel-Hamas Conflict

By spragueoperati | October 26, 2023 | 0 Comments

Recap:  The crude market traded higher on Wednesday as the market remained concerned about the Israel-Hamas conflict. The market traded sideways in overnight trading ahead of the release of the […]