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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.

Sprague Resources LP Announces the Acquisition of Talley Petroleum Enterprises Inc.’s Wholesale Business

By spragueoperati | November 4, 2021 | Comments Off on Sprague Resources LP Announces the Acquisition of Talley Petroleum Enterprises Inc.’s Wholesale Business

Sprague Resources LP Announces the Acquisition of Talley Petroleum Enterprises Inc.’s Wholesale Business Acquisition strengthens the company’s footprint in the Pennsylvania area Portsmouth, NH (October 1st, 2021) – Sprague Resources […]

Major crude consumers intensified pressure on OPEC and its allies to boost supplies

By spragueoperati | November 4, 2021 | Comments Off on Major crude consumers intensified pressure on OPEC and its allies to boost supplies

Recap: Oil futures fell by the most in nearly two months as major crude consumers intensified pressure on OPEC and its allies to boost supplies and after U.S. crude oil inventories […]

December NYMEX Natural Gas Futures Contract Closed at $5.542 on Tuesday, November 2nd

By spragueoperati | November 3, 2021 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $5.542 on Tuesday, November 2nd

Tuesday, November 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $5.424, twenty-four cents above Monday’s closing price of $5.186. Recording the intraday low of $5.352 within minutes […]

Traders weighed the potential outcome of a meeting between OPEC and its allies later this week

By spragueoperati | November 3, 2021 | Comments Off on Traders weighed the potential outcome of a meeting between OPEC and its allies later this week

Recap: Oil futures settled lower on Tuesday as traders weighed the potential outcome of a meeting between OPEC and its allies later this week and on expectations that U.S. crude oil […]

December NYMEX Natural Gas Futures Contract Closed at $5.186 on Monday, November 1st

By spragueoperati | November 2, 2021 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $5.186 on Monday, November 1st

Monday, November 1st saw the front-month NYMEX Natural Gas Futures Contract open at $5.331, nearly ten cents below Friday’s closing price of $5.426. Jumping to an intraday high of $5.441 […]

Both WTI and Brent traded higher on Monday

By spragueoperati | November 2, 2021 | Comments Off on Both WTI and Brent traded higher on Monday

Recap: Both WTI and Brent traded higher on Monday on expectations of strong demand and a belief that OPEC and its allies will not release more oil than the global economy […]

December NYMEX Natural Gas Futures Contract Closed at $5.426 on Friday, October 29th

By spragueoperati | November 1, 2021 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $5.426 on Friday, October 29th

Friday, October 29th saw the front-month NYMEX Natural Gas Futures Contract open at $5.615, seventeen cents below Thursday’s closing price of $5.782. Attaining an intraday high of $5.626 by 9:20AM, […]

U.S. oil prices ended a streak of nine consecutive gains

By spragueoperati | November 1, 2021 | Comments Off on U.S. oil prices ended a streak of nine consecutive gains

Recap: Oil futures reversed early losses on Friday, garnering support on expectations that the Organization of the Petroleum Exporting Countries, Russia and their allies, known as OPEC+, would maintain production […]

December NYMEX Natural Gas Futures Contract Closed at $5.782 on Thursday, October 28th

By spragueoperati | October 29, 2021 | Comments Off on December NYMEX Natural Gas Futures Contract Closed at $5.782 on Thursday, October 28th

Thursday, October 28th  saw the front-month NYMEX Natural Gas Futures Contract open at $5.910, twenty-nine cents below Wednesday’s closing price of $6.198. Losing ground before the opening bell, demand concerns […]

Oil futures rebounded after selling off early in the session

By spragueoperati | October 29, 2021 | Comments Off on Oil futures rebounded after selling off early in the session

Recap: Oil futures rebounded after selling off early in the session on Thursday, as it appears to be trying to recover and resume its upside move. In WTI, the $80 area […]