Search Results

The Oil Market Rallied Higher on Monday After Military Clashes Between Israel and the Palestinian Islamist Group Hamas Prompted Fears of Instability in the Middle East

By spragueoperati | October 10, 2023 | Comments Off on The Oil Market Rallied Higher on Monday After Military Clashes Between Israel and the Palestinian Islamist Group Hamas Prompted Fears of Instability in the Middle East

Recap: The oil market rallied higher on Monday after military clashes between Israel and the Palestinian Islamist group Hamas prompted fears of instability in the Middle East. The market retraced […]

November NYMEX Natural Gas Futures Contract Closed at $3.338 on Friday, October 6th

By spragueoperati | October 9, 2023 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $3.338 on Friday, October 6th

The Sprague Natural Gas MarketWatch will be on hiatus for the rest of this week, returning Monday October 16th. Friday, October 6th saw the front-month NYMEX Natural Gas Futures Contract […]

The Market Was Pressured Early in the Session Following Another Partial Lifting of Russia’s Fuel Export Ban

By spragueoperati | October 9, 2023 | Comments Off on The Market Was Pressured Early in the Session Following Another Partial Lifting of Russia’s Fuel Export Ban

Recap: The oil market ended the session in positive territory but ended the week down 8.81%, the largest weekly decline since the week ending March 17th. The market was pressured […]

November NYMEX Natural Gas Futures Contract Closed at $3.166 on Thursday, October 5th

By spragueoperati | October 6, 2023 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $3.166 on Thursday, October 5th

Thursday, October 5th saw the front-month NYMEX Natural Gas Futures Contract open at $3.026, six cents above Wednesday’s closing price of $2.962. Marking the intraday low of $3.020 shortly after […]

The Crude Market Remained Pressured as an Uncertain Demand Outlook Overshadowed an OPEC+ Decision to Maintain its Output Cuts

By spragueoperati | October 6, 2023 | Comments Off on The Crude Market Remained Pressured as an Uncertain Demand Outlook Overshadowed an OPEC+ Decision to Maintain its Output Cuts

Recap: The oil market on Thursday continued on its downward spiral, posting a 7.8% decline over the past two trading sessions, the largest two-day decline since May 3rd. Crude is […]

November NYMEX Natural Gas Futures Contract Closed at $2.962 on Wednesday, October 4th

By spragueoperati | October 5, 2023 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.962 on Wednesday, October 4th

Wednesday, October 4th saw the front-month NYMEX Natural Gas Futures Contract open at $3.008, six cents above Tuesday’s closing price of $2.949. Finding support early prices rose to record an […]

The oil market sold off more than $5 on Wednesday

By spragueoperati | October 5, 2023 | Comments Off on The oil market sold off more than $5 on Wednesday

Recap: The oil market sold off more than $5 on Wednesday as demand fears offset the pledges by Saudi Arabia and Russia to continue cutting output until the end of […]

November NYMEX Natural Gas Futures Contract Closed at $2.949 on Tuesday, October 3rd

By spragueoperati | October 4, 2023 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.949 on Tuesday, October 3rd

Tuesday, October 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.893, five cents above Monday’s closing price of $2.840. Recording an intraday low of $2.878 within minutes […]

Traders Weighed on Some Bearish Economic News and Tightening Supply

By spragueoperati | October 4, 2023 | Comments Off on Traders Weighed on Some Bearish Economic News and Tightening Supply

Recap:   The oil market retraced some of its losses after falling to a three week low earlier in the session despite the strength in the U.S. dollar. Traders weighed some […]

November NYMEX Natural Gas Futures Contract Closed at $2.840 on Monday, October 2nd

By spragueoperati | October 3, 2023 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $2.840 on Monday, October 2nd

Monday, October 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.903, three cents below Friday’s closing price of $2.929. Seeking direction in a four-cent range early on, […]