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A white fuel tanker truck with the Sprague logo and the slogan "Energy Makes the Difference" displayed prominently on the side. The truck is parked outdoors under a clear sky.

Oil Market Slips as Winter Storm Supply Risks Begin to Ease

By Emily Beckett | January 27, 2026 | Comments Off on Oil Market Slips as Winter Storm Supply Risks Begin to Ease

Recap:  The crude oil market gave up its early gains and ended the session lower as traders assessed the impact on output in U.S. crude producing regions from winter storms […]

February NYMEX Natural Gas Futures Contract Closed at $6.800 on Monday, January 26th

By Abby McVeigh | January 27, 2026 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $6.800 on Monday, January 26th

Monday, January 26th saw the front-month NYMEX Natural Gas contract open at $5.763, $0.488 above Friday’s closing price of $5.275. Recording the intraday low of $5.756 within minutes of the […]

February NYMEX Natural Gas Futures Contract Closed at $5.275 on Friday, January 23rd

By Abby McVeigh | January 26, 2026 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $5.275 on Friday, January 23rd

Friday, January 23rd saw the front-month NYMEX Natural Gas contract open at $5.227, $0.182 above Thursday’s closing price of $5.045. Markets remained elevated throughout the session as Traders prepared for […]

Oil Market Rallies as U.S. Tightens Sanctions Pressure on Iran

By Emily Beckett | January 26, 2026 | Comments Off on Oil Market Rallies as U.S. Tightens Sanctions Pressure on Iran

Recap:  The crude market rallied higher on Friday after U.S. President Donald Trump increased pressure on Iran once again through more sanctions on vessels that transport its oil and his […]

Oil Market Sells Off as Geopolitical Risks Ease and Inventories Build

By Emily Beckett | January 23, 2026 | Comments Off on Oil Market Sells Off as Geopolitical Risks Ease and Inventories Build

Recap:  The crude market sold off on Thursday as the market reversed its gains posted on Wednesday after U.S. President Donald Trump ruled out the use of force to acquire […]

February NYMEX Natural Gas Futures Contract Closed at $5.045 on Thursday, January 22nd

By Abby McVeigh | January 23, 2026 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $5.045 on Thursday, January 22nd

Thursday, January 22nd saw the front-month NYMEX Natural Gas contract open at $5.286, $0.411 above Wednesday’s closing price of $4.875; up 57.1% since Friday. Achieving a fresh three-year intraday high […]

Oil Market Rises on Kazakhstan Supply Disruptions Despite Geopolitical Headwinds

By Emily Beckett | January 22, 2026 | Comments Off on Oil Market Rises on Kazakhstan Supply Disruptions Despite Geopolitical Headwinds

Recap:  The crude market on Wednesday continued to trade higher on the temporary shutdown at two large fields in Kazakhstan and the low volume of Venezuelan oil exports highlighting the […]

February NYMEX Natural Gas Futures Contract Closed at $4.875 on Wednesday, January 21st

By Abby McVeigh | January 22, 2026 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $4.875 on Wednesday, January 21st

Wednesday, January 21st saw the front-month NYMEX Natural Gas contract open at $4.792, $0.885 above Tuesday’s closing price of $3.907. Suring overnight once again, traders are pricing in the impending […]

Where Liquid Fuel Terminals Can Use Solar

By Emily Beckett | January 21, 2026 | Comments Off on Where Liquid Fuel Terminals Can Use Solar

While it may not be common place yet, solar is emerging as an innovative solution for liquid fuel storage terminals. These facilities can leverage solar in a variety of ways, […]

Oil Market Rebounds After Overnight Selloff as Economic Outlook Improves

By Emily Beckett | January 21, 2026 | Comments Off on Oil Market Rebounds After Overnight Selloff as Economic Outlook Improves

Recap:  The oil market posted an outside trading day on Tuesday as the February WTI contract expired at the close. The market, which traded mostly sideways during Monday’s shortened trading […]