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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.

April NYMEX Natural Gas Futures Contract Closed at $3.009 on Friday, March 3rd

By spragueoperati | March 6, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $3.009 on Friday, March 3rd

Friday, March 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.828, six cents above Thursday’s closing price of $2.765. Withdrawing to the intraday low of $2.800 by […]

The Oil Market Traded Sideways in Overnight Trading but Breached its Previous Range

By spragueoperati | March 6, 2023 | Comments Off on The Oil Market Traded Sideways in Overnight Trading but Breached its Previous Range

Recap: On Friday, the oil market traded sideways in overnight trading but breached its previous range and posted an outside trading day by noon as the market was headline driven. The […]

The Oil Market Continued to Trend Higher on Thursday Amid Signs of an Economic Recovery in China

By spragueoperati | March 3, 2023 | Comments Off on The Oil Market Continued to Trend Higher on Thursday Amid Signs of an Economic Recovery in China

Recap:  The oil market continued to trend higher on Thursday amid signs of an economic recovery in China. Data released on Wednesday showed that manufacturing activity in China grew last […]

April NYMEX Natural Gas Futures Contract Closed at $2.811 on Wednesday, March 1st

By spragueoperati | March 2, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.811 on Wednesday, March 1st

Wednesday, March 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.717, three cents below Tuesday’s closing price of $2.747. Following a momentary dip to the intraday low […]

The Market Rallied Higher Early in the Session

By spragueoperati | March 2, 2023 | Comments Off on The Market Rallied Higher Early in the Session

Recap:  The oil market posted an inside trading day as the market rallied higher early in the session on hopes of increased demand amid an expansion in China’s manufacturing activity […]

April NYMEX Natural Gas Futures Contract Closed at $2.747 on Tuesday, February 28th

By spragueoperati | March 1, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.747 on Tuesday, February 28th

Tuesday, February 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.661, seven cents below Monday’s closing price of $2.731. Continuing the pre-opening downward momentum to reach an […]

The market traded higher as it awaits key economic data over the next two days

By spragueoperati | March 1, 2023 | Comments Off on The market traded higher as it awaits key economic data over the next two days

Recap: The oil market on Tuesday traded higher, erasing Monday’s losses as expectations of demand recovery in China underpinned its gains. The market traded higher as it awaits key economic […]

April NYMEX Natural Gas Futures Contract Closed at $2.731 on Monday, February 27th

By spragueoperati | February 28, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.731 on Monday, February 27th

Monday, February 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.695 fifteen cents above Friday’s closing price of $2.548. Trending downward through the early morning hours to […]

The Oil Market on Monday Continued to Trend Higher

By spragueoperati | February 28, 2023 | Comments Off on The Oil Market on Monday Continued to Trend Higher

Recap:  The oil market on Monday continued to trend higher in overnight trading following the news that Russia halted its exports to Poland via the Druzhba pipeline on Saturday. The […]

April NYMEX Natural Gas Futures Contract Closed at $2.548 on Friday, February 24th

By spragueoperati | February 27, 2023 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $2.548 on Friday, February 24th

Friday, February 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.322, a penny above Thursday’s closing price of $2.314. March settled higher at $2.451. Set to assume […]