Search Results

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 Market Falls as Strait of Hormuz Oil Flows Continue

By Emily Beckett | June 29, 2026 | Comments Off on Oil Market Falls as Strait of Hormuz Oil Flows Continue

Recap:  The oil market on Friday continued to trade lower within a downward trend channel as crude continued to flow through the Strait of Hormuz despite the strike on a […]

Oil Prices Rebound as Strait of Hormuz Shipping Threats Renew Supply Concerns

By Abby McVeigh | June 26, 2026 | Comments Off on Oil Prices Rebound as Strait of Hormuz Shipping Threats Renew Supply Concerns

Recap:  The crude market ended a four-day losing streak and ended Thursday’s session 2.3% higher after a cargo ship was hit by an unknown projectile near Oman, renewing concerns over […]

Oil Market Extends Losses as Strait of Hormuz Traffic Increases

By Emily Beckett | June 25, 2026 | Comments Off on Oil Market Extends Losses as Strait of Hormuz Traffic Increases

Recap:  The oil market extended its previous losses on Wednesday in light of signs of increased tanker activity in the Strait of Hormuz. Ship-tracking data showed that three stranded supertankers, […]

Crude Oil Extends Losses as U.S.-Iran Peace Talks Show Progress and Middle East Tensions Ease

By Abby McVeigh | June 24, 2026 | Comments Off on Crude Oil Extends Losses as U.S.-Iran Peace Talks Show Progress and Middle East Tensions Ease

Recap:  The crude market continued to trend lower on Tuesday amid signs of some progress in in the U.S.-Iran peace talks. The market extended its previous losses after the U.S. […]

July NYMEX Natural Gas Futures Contract Closed at $3.253 on Monday, June 22nd

By Abby McVeigh | June 23, 2026 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $3.253 on Monday, June 22nd

The Sprague Natural Gas MarketWatch will be on hiatus until Tuesday, June 30th. Monday, June 22nd saw the front-month NYMEX Natural Gas contract open at $3.268, $0.035 above Thursday’s closing […]

Oil Market Falls as U.S.-Iran Talks Advance and Sanctions Ease

By Emily Beckett | June 23, 2026 | Comments Off on Oil Market Falls as U.S.-Iran Talks Advance and Sanctions Ease

Recap:  The crude market traded lower, remaining within its recent trading range, amid progress in talks between the U.S. and Iran. The market traded higher during Friday’s shortened trading session […]

July NYMEX Natural Gas Futures Contract Closed at $3.233 on Thursday, June 18th

By Abby McVeigh | June 22, 2026 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $3.233 on Thursday, June 18th

Thursday, June 18th saw the front-month NYMEX Natural Gas contract open at $3.140, $0.005 below Wednesday’s closing price of $3.145. Recording the intraday low of $3.126 at 9:30AM, prices traded […]

Oil Market Falls as U.S.-Iran Deal Boosts Gulf Supply Outlook

By Emily Beckett | June 22, 2026 | Comments Off on Oil Market Falls as U.S.-Iran Deal Boosts Gulf Supply Outlook

Recap:  The oil market traded lower on Thursday falling back to levels seen before the start of the Iran war following the signing of the U.S.-Iran interim deal to end […]

Oil Market Gains Despite IEA Warning of Future Oversupply

By Emily Beckett | June 18, 2026 | Comments Off on Oil Market Gains Despite IEA Warning of Future Oversupply

Recap:  The oil market ended the session higher after the market weighed the uncertainty over the U.S.-Iran deal and concerns over the IEA’s warning of excess supply next year. The […]

July NYMEX Natural Gas Futures Contract Closed at $3.145 on Wednesday, June 17th

By Abby McVeigh | June 18, 2026 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $3.145 on Wednesday, June 17th

Wednesday, June 17th saw the front-month NYMEX Natural Gas contract open at $3.197, $0.042 below Tuesday’s closing price of $3.239. Recording the intraday high of $3.198 as the opening bell […]