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Recap: The oil market already under pressure from U.S. President Donald Trump’s sweeping tariffs and an expected increase in OPEC+ production in May, plummeted 7.4% on Friday after China imposed […]
Friday, April 4th saw the front-month NYMEX Natural Gas contract opened at $3.969, $0.169 cents below Thursday’s closing price of $4.138. Recording the intraday high of $3.969 within minutes of […]
Recap: The oil market plunged on Thursday, giving up most of its gains seen over the last few weeks since early March, as a decision by OPEC+ to advance its […]
Thursday, April 3rd saw the front-month NYMEX Natural Gas contract opened at $4.125, $0.070 cents above Wednesday’s closing price of $4.055. With tariff-related market uncertainty and weather forecasts providing support, […]
Sprague Regulatory Matters is provided as a courtesy to our customers. Please note that the information contained in Sprague Regulatory Matters is for informational purposes only and should not be […]
Recap: The crude oil market traded higher as the market prepared for the U.S. to impose sweeping reciprocal tariffs later on Wednesday afternoon. The market also seemed to have shrugged […]
Wednesday, April 2nd saw the front-month NYMEX Natural Gas contract opened at $4.011, $0.060 cents above Tuesday’s closing price of $3.951. Continuing the overnight rally to peak at an intraday […]
Recap: The crude market continued to weigh the threats by U.S. President Donald Trump to impose tariffs on Russian crude exports and attack Iran against the start of OPEC+’s gradual […]
Tuesday, April 1st saw the front-month NYMEX Natural Gas contract opened at $4.216, $0.151 cents above Friday’s closing price of $4.119. Recording the intraday high of $4.060 ahead of 10:00AM, […]
For liquid tank terminal managers, the increasing cost of electricity is becoming more of a pressing concern. Terminals, particularly those utilizing pump systems and heated storage, require substantial energy input, […]