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June NYMEX Natural Gas Futures Contract Closed at $2.238 on Monday, May 8th

By spragueoperati | May 9, 2023 | 0 Comments

Monday, May 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.211, seven cents above Friday’s closing price of $2.137. Riding Friday’s wave of momentum, prices briefly dipped […]

Some Traders Saw the Recent Fall in Prices Due to Demand Concerns as Overdone

By spragueoperati | May 9, 2023 | 0 Comments

Recap:  The oil market on Monday rallied higher as recession fears eased and as some traders saw the recent fall in prices due to demand concerns as overdone. The market […]

June NYMEX Natural Gas Futures Contract Closed at $2.137 on Friday, May 5th

By spragueoperati | May 8, 2023 | 0 Comments

Friday, May 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.082, two cents below Thursday’s closing price of $2.101. Recording the intraday low of $2.072 soon after […]

The Oil Market on Friday Retraced More of its Previous Gains Following Thursday’s Early Sell Off

By spragueoperati | May 8, 2023 | 0 Comments

Recap:  The oil market on Friday retraced more of its previous gains following Thursday’s early sell off at the opening. The crude market opened 14 cents higher at $68.70 and […]

June NYMEX Natural Gas Futures Contract Closed at $2.101 on Thursday, May 4th

By spragueoperati | May 5, 2023 | 0 Comments

Thursday, May 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.149, two cents below Wednesday’s closing price of $2.170. Achieving the intraday high of $2.163 within minutes […]

The Oil Market on Thursday Traded Higher After Reversing its Previous Losses

By spragueoperati | May 5, 2023 | 0 Comments

Recap:  The oil market on Thursday traded higher after reversing its previous losses in what appeared to be a technical rebound. On the opening, the market sold off sharply by […]

The Oil Market on Thursday Traded Higher After Reversing its Previous Losses

By spragueoperati | May 5, 2023 | 0 Comments

Recap:  The oil market on Thursday traded higher after reversing its previous losses in what appeared to be a technical rebound. On the opening, the market sold off sharply by […]

June NYMEX Natural Gas Futures Contract Closed at $2.170 on Wednesday, May 3rd

By spragueoperati | May 4, 2023 | 0 Comments

Wednesday, May 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.181, three cents below Tuesday’s closing price of $2.214. Reaching the intraday high of $2.192 by 9:15AM, […]

Traders Remained Concerned About the Economy as the Fed Raised Interest Rates

By spragueoperati | May 4, 2023 | 0 Comments

Recap:  On Wednesday, the oil market extended its sharp losses seen on Tuesday, as traders remained concerned about the economy as the Fed raised interest rates. In overnight trading, the […]

June NYMEX Natural Gas Futures Contract Closed at $2.214 on Tuesday, May 2nd

By spragueoperati | May 3, 2023 | 0 Comments

Tuesday, May 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.257, six cents below Monday’s closing price of $2.318. Recording the intraday high of $2.262 within minutes […]