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The market traded higher as it awaits key economic data over the next two days

By spragueoperati | March 1, 2023 | 0 Comments

Recap: The oil market on Tuesday traded higher, erasing Monday’s losses as expectations of demand recovery in China underpinned its gains. The market traded higher as it awaits key economic […]

April NYMEX Natural Gas Futures Contract Closed at $2.731 on Monday, February 27th

By spragueoperati | February 28, 2023 | 0 Comments

Monday, February 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.695 fifteen cents above Friday’s closing price of $2.548. Trending downward through the early morning hours to […]

The Oil Market on Monday Continued to Trend Higher

By spragueoperati | February 28, 2023 | 0 Comments

Recap:  The oil market on Monday continued to trend higher in overnight trading following the news that Russia halted its exports to Poland via the Druzhba pipeline on Saturday. The […]

April NYMEX Natural Gas Futures Contract Closed at $2.548 on Friday, February 24th

By spragueoperati | February 27, 2023 | 0 Comments

Friday, February 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.322, a penny above Thursday’s closing price of $2.314. March settled higher at $2.451. Set to assume […]

The Oil Market Extended its Gains for the Second Consecutive Session

By spragueoperati | February 27, 2023 | 0 Comments

Recap:  On Friday, the oil market extended its gains for the second consecutive session as the expectations of lower exports from Russia amid its planned output cut in March offset […]

March NYMEX Natural Gas Futures Contract Closed at $2.314 on Thursday, February 23rd

By spragueoperati | February 24, 2023 | 0 Comments

Thursday, February 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.203, three cents above Wednesday’s closing price of $2.174. Ascending to the $2.280 level leading up to […]

The Crude Market Posted an Inside Trading Day and Traded Higher

By spragueoperati | February 24, 2023 | 0 Comments

Recap:  The crude oil market posted an inside trading day and traded higher following six consecutive sessions of losses. The market, which traded over $2 lower on Wednesday on expectations […]

March NYMEX Natural Gas Futures Contract Closed at $2.174 on Wednesday, February 22nd

By spragueoperati | February 23, 2023 | 0 Comments

Wednesday, February 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.074, nearly even to Tuesday’s closing price of $2.073. Tallying the intraday low of $2.070 soon after […]

The Crude Oil Market on Wednesday Continued on its Downward Trend

By spragueoperati | February 23, 2023 | 0 Comments

Recap: The crude oil market on Wednesday continued on its downward trend as concern over fuel demand were prompted by expectations that the minutes of the U.S. Federal Reserve’s last […]

March NYMEX Natural Gas Futures Contract Closed at $2.073 on Tuesday, February 21st

By spragueoperati | February 22, 2023 | 0 Comments

Tuesday, February 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.187, eleven cents below Friday’s closing price of $2.275. Recording the intraday high of $2.188 within minutes […]