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Loses Were Limited by Expectations That Any Rise in Production May Not Be Significant

Par spragueoperati | juin 6, 2022 | Commentaires fermés sur Loses Were Limited by Expectations That Any Rise in Production May Not Be Significant

Recap:  Oil futures were trading lower in the Asian session as OPEC+ agreed to increase supply. However, loses were limited by expectations that any rise in production may not be […]

July NYMEX Natural Gas Futures Contract Closed at $8.485 on Thursday, June 2nd

Par spragueoperati | juin 3, 2022 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $8.485 on Thursday, June 2nd

Thursday, June 2nd saw the July NYMEX Natural Gas Futures Contract open at $8.975, twenty-eight cents above Wednesday’s closing price of $8.696. Trading along either side of $8.920 through the […]

After an Initial Sell-Off, Oil Futures Recovered, with WTI Closing Higher

Par spragueoperati | juin 3, 2022 | Commentaires fermés sur After an Initial Sell-Off, Oil Futures Recovered, with WTI Closing Higher

Recap:  After an initial sell-off, oil futures recovered, with WTI closing higher for the fifth time in the past six sessions. A decision by the OPEC-plus group to raise output quotas […]

Sprague Resources Announces Agreement to be Acquired by Hartree Partners

Par spragueoperati | juin 2, 2022 | Commentaires fermés sur Sprague Resources Announces Agreement to be Acquired by Hartree Partners

PORTSMOUTH, N.H., June 02, 2022 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) today announced that it has entered into a definitive agreement and plan of merger (the “Agreement”) […]

July NYMEX Natural Gas Futures Contract Closed at $8.696 on Wednesday, June 1st

Par spragueoperati | juin 2, 2022 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $8.696 on Wednesday, June 1st

Wednesday, June 1st saw the July NYMEX Natural Gas Futures Contract open at $8.316, seventeen cents above Tuesday’s closing price of $8.145. Ascending from the intraday low of $8.297 with […]

After Opening at Unchanged, Oil Futures Bounced

Par spragueoperati | juin 2, 2022 | Commentaires fermés sur After Opening at Unchanged, Oil Futures Bounced

Recap: After opening at unchanged, oil futures bounced after European Union leaders agreed to a phased ban on Russian oil and as China ended its COVID-19 lockdown in Shanghai, which […]

July NYMEX Natural Gas Futures Contract Closed at $8.145 on Tuesday, May 31st

Par spragueoperati | juin 1, 2022 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $8.145 on Tuesday, May 31st

Tuesday, May 31st saw the July NYMEX Natural Gas Futures Contract open at $8.492, nearly twenty-four cents below Friday’s closing price of $8.727. Ascending to an intraday high of $8.581 […]

The Oil Market Extended its Rally After the European Union Agreed to a Partial and Phased Ban on Russian Oil

Par spragueoperati | juin 1, 2022 | Commentaires fermés sur The Oil Market Extended its Rally After the European Union Agreed to a Partial and Phased Ban on Russian Oil

Recap:   On Tuesday, the oil market extended its rally after the European Union agreed to a partial and phased ban on Russian oil and China decided to lift some COVID-19 […]

July NYMEX Natural Gas Futures Contract Closed at $8.727 on Friday, May 27th

Par spragueoperati | mai 31, 2022 | Commentaires fermés sur July NYMEX Natural Gas Futures Contract Closed at $8.727 on Friday, May 27th

Friday, May 27th – saw the July contract assume the front-month NYMEX Natural Gas Futures Contract position. Opening at $8.481, forty-one cents below Thursday’s closing price of $8.895, prices slipped […]

Oil Futures Trading in New York City and London Continued to Climb on Friday

Par spragueoperati | mai 31, 2022 | Commentaires fermés sur Oil Futures Trading in New York City and London Continued to Climb on Friday

Recap: Oil futures trading in New York City and London continued to climb on Friday following a week of strong price action, with the Brent crude international benchmark briefly touching its […]