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December NYMEX Natural Gas Futures Contract Closed at $5.714 on Tuesday, November 1st

By spragueoperati | November 2, 2022 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $5.714 on Tuesday, November 1st

Tuesday, October 1st saw the December NYMEX Natural Gas Futures Contract open at $6.003, thirty-five cents below Monday’s closing price of $6.355. Tallying the intraday high of $6.049 soon after […]

The Market Retraced its Previous Losses on the Prospect of Disruptions

By spragueoperati | November 2, 2022 | Comments Off on The Market Retraced its Previous Losses on the Prospect of Disruptions

Recap:  The oil market on Tuesday traded higher on a Wall Street Journal report stating that Saudi Arabia shared intelligence with the U.S. warning of an imminent attack from Iran […]

Sprague Resources LP Announces Closing of Merger with Hartree Affiliate and Delisting of Its Common Units

By spragueoperati | November 1, 2022 | Comments Off on Sprague Resources LP Announces Closing of Merger with Hartree Affiliate and Delisting of Its Common Units

PORTSMOUTH, N.H., Nov. 01, 2022 (GLOBE NEWSWIRE) — Sprague Resources LP (the “Partnership” or “Sprague”) today announced that the transaction contemplated by the Agreement and Plan of Merger dated June […]

December NYMEX Natural Gas Futures Contract Closed at $6.355 on Monday, October 31st

By spragueoperati | November 1, 2022 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $6.355 on Monday, October 31st

Monday, October 31st saw the December NYMEX Natural Gas Futures Contract open at $6.299, sixty-two cents above Friday’s closing price of $5.684. Ascending to an intraday high of $6.375 near […]

Oil Futures Fell on Monday on Expectations that U.S. Production Could Rise

By spragueoperati | November 1, 2022 | Comments Off on Oil Futures Fell on Monday on Expectations that U.S. Production Could Rise

Recap:  Oil futures fell on Monday on expectations that U.S. production could rise even as weaker economic data out of China and the country’s widening COVID-19 curbs weighed on demand. […]

December NYMEX Natural Gas Futures Contract Closed at $5.684 on Friday, October 28th

By spragueoperati | October 31, 2022 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $5.684 on Friday, October 28th

Friday, October 28th saw the November NYMEX Natural Gas Futures Contract open at $5.720, fifteen cents below Thursday’s closing price of $5.875. Tallying an intraday high of $5.783 within minutes […]

The Oil Market Erased Some of its Previous Gains

By spragueoperati | October 31, 2022 | Comments Off on The Oil Market Erased Some of its Previous Gains

Recap:  On Friday, the oil market erased some of its previous gains on news that China widened its COVID-19 curbs. Chinese cities from Wuhan in central China to Xining in […]

December NYMEX Natural Gas Futures Contract Closed at $5.875 on Thursday, October 27th

By spragueoperati | October 28, 2022 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $5.875 on Thursday, October 27th

Thursday, October 27th saw the November NYMEX Natural Gas Futures Contract open at $5.604, nearly even to Wednesday’s closing price of $5.606. In a light day of trading as the […]

The Oil Market Built On its Gains Seen in the Previous Session

By spragueoperati | October 28, 2022 | Comments Off on The Oil Market Built On its Gains Seen in the Previous Session

Recap:  On Thursday, the oil market built on its gains seen in the previous session as record crude exports and signs that recession fears are abating outweighed concerns over Chinese […]

November NYMEX Natural Gas Futures Contract Closed at $5.606 on Wednesday, October 26th

By spragueoperati | October 27, 2022 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $5.606 on Wednesday, October 26th

Wednesday, October 26th saw the November NYMEX Natural Gas Futures Contract open at $5.380, twenty-three cents below Tuesday’s closing price of $5.613. Marking the intraday low of $5.347 within minutes […]