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The Market Has Reversed Almost All of its Gains Following the Saudi Announcement of Further Output Cuts

By spragueoperati | April 21, 2023 | Comments Off on The Market Has Reversed Almost All of its Gains Following the Saudi Announcement of Further Output Cuts

Recap:  The oil market on Thursday remained on its downward trend ahead of the May contract’s expiration at the close, trading to the lowest level since the end of March […]

May NYMEX Natural Gas Futures Contract Closed at $2.222 on Wednesday, April 19th

By spragueoperati | April 20, 2023 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.222 on Wednesday, April 19th

Wednesday, April 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.282, eight cents below Tuesday’s closing price of $2.366. Recording the intraday high as markets opened for […]

The Oil Market Continued on its Downward Trend and Sold Off to a Two Week Low

By spragueoperati | April 20, 2023 | Comments Off on The Oil Market Continued on its Downward Trend and Sold Off to a Two Week Low

Recap:  The oil market continued on its downward trend and sold off to a two week low despite the API and EIA reports showing larger than expected draws in crude […]

May NYMEX Natural Gas Futures Contract Closed at $2.366 on Tuesday, April 18th

By spragueoperati | April 19, 2023 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.366 on Tuesday, April 18th

Tuesday, April 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.279, nearly even to Monday’s closing price of $2.275. Slipping to the intraday low of $2.267 shortly […]

The Market on Tuesday Continued on its Downward Trend Early in the Session Before it Bounced Higher and Settled in Positive Territory

By spragueoperati | April 19, 2023 | Comments Off on The Market on Tuesday Continued on its Downward Trend Early in the Session Before it Bounced Higher and Settled in Positive Territory

Recap:  The oil market on Tuesday continued on its downward trend early in the session before it bounced higher and settled in positive territory. The market traded mostly sideways in […]

May NYMEX Natural Gas Futures Contract Closed at $2.275 on Monday, April 17th

By spragueoperati | April 18, 2023 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.275 on Monday, April 17th

Monday, April 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.263, fifteen cents above Friday’s closing price of $2.114. Recording the intraday high of $2.314 by 9:30AM, […]

The Oil Market on Monday Breached the Trading Range Seen in the Last Few Days

By spragueoperati | April 18, 2023 | Comments Off on The Oil Market on Monday Breached the Trading Range Seen in the Last Few Days

Recap:  The oil market on Monday breached the trading range seen in the last few days and ended the session lower after its stochastics crossed to the downside on Friday. […]

Energy Consumption & Energy Choice

By spragueoperati | April 17, 2023 | Comments Off on Energy Consumption & Energy Choice
Two people in business attire are seated at a table engaged in conversation. One person, wearing a white shirt and dark tie, gestures with an open hand, while the other person holds a coffee cup. In front of them is an open laptop displaying various charts and graphs on the screen. The image has a blue overlay.

Energy consumption is comprised of both energy delivery service and energy supply service. What is energy delivery service? Whether your business uses both electricity and natural gas or just electricity, […]

Energy Deregulation

By spragueoperati | April 17, 2023 | Comments Off on Energy Deregulation
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What does energy deregulation mean? Energy deregulation, restructuring or unbundling at a high level refers to the separation of an energy commodity itself – electricity or natural gas – from […]

Deregulated Energy States

By spragueoperati | April 17, 2023 | Comments Off on Deregulated Energy States
Group of three professionals viewing information of paperwork and a large computer.

Energy deregulation varies by state. Electricity and natural gas are frequently both deregulated in the northeastern states, but may be limited to larger scale businesses only. To find out whether […]