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April NYMEX Natural Gas Futures Contract Closed at $2.171 on Wednesday, March 22nd

By spragueoperati | March 23, 2023 | 0 Comments

Wednesday, March 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.261, nine cents below Tuesday’s closing price of $2.348. Ascending to the intraday high of $2.303 by […]

The Dollar Fell to a Six-Week Low Ahead of the Federal Reserve’s Decision on Interest Rates

By spragueoperati | March 23, 2023 | 0 Comments

Recap:  The oil market on Wednesday continued on its upward trend despite an unexpected build in crude stocks, as the dollar fell to a six-week low ahead of the Federal […]

April NYMEX Natural Gas Futures Contract Closed at $2.348 on Tuesday, March 21st

By spragueoperati | March 22, 2023 | 0 Comments

Tuesday, March 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.165, six cents below Monday’s closing price of $2.223. Falling overnight due to fading heating demand expectations, […]

The Oil Market Extended its Gains for a Second Consecutive Day

By spragueoperati | March 22, 2023 | 0 Comments

Recap: The oil market extended its gains for a second consecutive day on Tuesday as global banking concerns eased and traders await the outcome of the Federal Reserve’s monetary policy […]

April NYMEX Natural Gas Futures Contract Closed at $2.223 on Monday, March 20th

By spragueoperati | March 21, 2023 | 0 Comments

Monday, March 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.372, three cents above Friday’s closing price of $2.338. Marking the intraday high of $2.388 within minutes […]

The oil market on Monday saw a late day rally and ended higher

By spragueoperati | March 21, 2023 | 0 Comments

Recap: The oil market on Monday saw a late day rally and ended higher, recouping some of last week’s sharp losses.  Early in the session, the market continued on its downward […]

April NYMEX Natural Gas Futures Contract Closed at $2.338 on Friday, March 17th

By spragueoperati | March 20, 2023 | 0 Comments

Friday, March 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.425, nine cents below Thursday’s closing price of $2.514. Extending to reach the intraday high of $2.430 […]

U.S. energy firms this week added the most natural gas rigs in a week in over four years

By spragueoperati | March 20, 2023 | 0 Comments

Recap: On Friday, the oil market posted an outside trading day after it posted an inside trading session on Thursday. It recovered some ground early on Friday following the news of […]

April NYMEX Natural Gas Futures Contract Closed at $2.514 on Thursday, March 16th

By spragueoperati | March 17, 2023 | 0 Comments

Thursday, March 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.472, three cents above Wednesday’s closing price of $2.439. Ascending to the $2.500 level by 10:00AM, the […]

Fears of a Global Banking Crisis

By spragueoperati | March 17, 2023 | 0 Comments

Recap:  The oil market posted an inside trading day following Wednesday’s sharp selloff on fears of a global banking crisis. The market traded mostly sideways in overnight trading as Credit […]