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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.

Oil futures erased earlier losses

By spragueoperati | September 17, 2021 | Comments Off on Oil futures erased earlier losses

Recap: Oil futures erased earlier losses while investors weighed the expiration of crude oil options as well as the impact of mixed U.S. economic data. After declining as much as 1.5% […]

October NYMEX Natural Gas Futures Contract Closed at $5.460 on Wednesday, September 15th

By spragueoperati | September 16, 2021 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $5.460 on Wednesday, September 15th

Wednesday, September 15th saw the front-month NYMEX Natural Gas Futures Contract open at $5.468, twenty-one cents above Tuesday’s closing price of $5.260.  Surging higher out of the gate to continue […]

Oil futures settled at their highest level since July

By spragueoperati | September 16, 2021 | Comments Off on Oil futures settled at their highest level since July

Recap: Oil futures settled at their highest level since July, after U.S. crude oil inventories fell for the sixth straight week. Subdued refinery runs and limited production led to a 6.4 […]

Oil futures rose for the third straight session on Tuesday

By spragueoperati | September 15, 2021 | Comments Off on Oil futures rose for the third straight session on Tuesday

Recap: Oil futures rose for the third straight session on Tuesday, as Nicholas weakened to a tropical storm and the IEA said demand would rebound in the remainder of the […]

October NYMEX Natural Gas Futures Contract Closed at $5.231 on Monday, September 13th

By spragueoperati | September 14, 2021 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $5.231 on Monday, September 13th

Monday, September 13th saw the front-month NYMEX Natural Gas Futures Contract open at $5.176, twenty-four cents above Friday’s closing price of $4.938. Marking an intraday low of $5.116 by 9:20AM, […]

WTI rose above $70 a barrel on Monday

By spragueoperati | September 14, 2021 | Comments Off on WTI rose above $70 a barrel on Monday

Recap: WTI rose above $70 a barrel on Monday, for the first time since early August, as almost half of the production in the Gulf of Mexico remains shut in […]

October NYMEX Natural Gas Futures Contract Closed at $4.938 on Friday, September 10th

By spragueoperati | September 13, 2021 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $4.938 on Friday, September 10th

Friday, September 10th saw the front-month NYMEX Natural Gas Futures Contract open at $4.993, four cents below Thursday’s closing price of $5.031. Tallying an intraday high of $5.008 by 9:15AM, […]

Oil futures rose due to increasing signs of supply shortages as a result of Hurricane Ida

By spragueoperati | September 13, 2021 | Comments Off on Oil futures rose due to increasing signs of supply shortages as a result of Hurricane Ida

Recap: Oil futures rose on Friday, lifted by increasing signs of supply shortages as a result of Hurricane Ida and as U.S.-China trade hopes gave riskier assets a boost. Approximately […]

October NYMEX Natural Gas Futures Contract Closed at $5.031 on Thursday, September 9th

By spragueoperati | September 10, 2021 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $5.031 on Thursday, September 9th

Thursday, September 9th saw the front-month NYMEX Natural Gas Futures Contract open at $4.919, slightly above Wednesday’s closing price of $4.914. Losing ground shortly after the opening bell, the contract […]

The EIA reported that crude oil stockpiles fell 1.53 million barrels

By spragueoperati | September 10, 2021 | Comments Off on The EIA reported that crude oil stockpiles fell 1.53 million barrels

Recap: After bouncing around a bit on Thursday, oil futures turned to the downside after China’s decision to open its strategic crude reserves, hinting that it would not hesitate to intervene […]