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Crude Oil Prices Rose as Much as 3% on Friday

By spragueoperati | July 5, 2022 | Comments Off on Crude Oil Prices Rose as Much as 3% on Friday

Recap:  In early morning trading, crude oil prices rose as much as 3% on Friday, recouping the previous session's declines, as supply outages in Libya and expected shutdowns in Norway […]

August NYMEX Natural Gas Futures Contract Closed at $5.424 on Thursday, June 30th

By spragueoperati | July 1, 2022 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $5.424 on Thursday, June 30th

Thursday, June 30th saw the August NYMEX Natural Gas Futures Contract open at $6.399, ten cents below Wednesday’s closing price of $6.498. Tallying the intraday high of $6.602 by 9:45AM, […]

Oil Futures Fell on Thursday, Tacking on a Monthly Loss

By spragueoperati | July 1, 2022 | Comments Off on Oil Futures Fell on Thursday, Tacking on a Monthly Loss

Recap:  Oil futures fell on Thursday, tacking on a monthly loss, but held on to a gain so far this year. A weekly increase in U.S. gasoline and distillate supplies […]

August NYMEX Natural Gas Futures Contract Closed at $6.498 on Wednesday, June 29th

By spragueoperati | June 30, 2022 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $6.498 on Wednesday, June 29th

Wednesday, June 29th saw the August NYMEX Natural Gas Futures Contract open at $6.730, sixteen cents above Tuesday’s closing price of $6.570. Ascending to the intraday high of $6.783 at […]

The Oil Market Continued on its Upward Trend Early in the Session

By spragueoperati | June 30, 2022 | Comments Off on The Oil Market Continued on its Upward Trend Early in the Session

Recap:  Early on Wednesday, the oil market continued on its upward trend early in the session. The market retraced more than 62% of its move from a high of $120.88 […]

August NYMEX Natural Gas Futures Contract Closed at $6.570 on Tuesday, June 28th

By spragueoperati | June 29, 2022 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $6.570 on Tuesday, June 28th

Tuesday, June 28th saw the July NYMEX Natural Gas Futures Contract open at $6.678, four cents below Monday’s closing price of $6.501. Fluctuating along the $6.640 mark for the majority […]

WTI Futures Continued to Rebound from their Lowest Level in Almost Seven Weeks

By spragueoperati | June 29, 2022 | Comments Off on WTI Futures Continued to Rebound from their Lowest Level in Almost Seven Weeks

Recap: WTI futures continued to rebound from their lowest level in almost seven weeks, ending Tuesday’s session 2% higher, as the global supply picture remains bleak and demand seems to […]

July NYMEX Natural Gas Futures Contract Closed at $6.501 on Monday, June 27th

By spragueoperati | June 28, 2022 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $6.501 on Monday, June 27th

Monday, June 27th saw the July NYMEX Natural Gas Futures Contract open at $6.182, four cents below Friday’s closing price of $ $6.220. trailing downward to a near three-month intraday […]

The Top 5 Benefits of Adding Biofuel to Your Heating Oil

By spragueoperati | June 28, 2022 | Comments Off on The Top 5 Benefits of Adding Biofuel to Your Heating Oil

Whether you’re looking to increase your renewable energy use or simply follow a state mandate, adding biofuel to your heating oil to make Bioheat® fuel offers big benefits to homeowners […]

What is Biofuel and Why is it Important?

By spragueoperati | June 28, 2022 | Comments Off on What is Biofuel and Why is it Important?

Biofuel is an alternative fuel sourced from renewable feedstocks including soybeans, animal fats, and used cooking oil. In other words, biofuel is made from biomass, which makes it an organic […]