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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.

The EIA reported 1.7 million barrel draw in U.S. crude oil inventories

By spragueoperati | May 27, 2021 | Comments Off on The EIA reported 1.7 million barrel draw in U.S. crude oil inventories

Recap: Oil futures pared early losses on Wednesday after the EIA reported 1.7 million barrel draw in U.S. crude oil inventories. Although the decline was a minor one, U.S. crude oil […]

U.S. Army and Sprague Operating Resources LLC Announce Partnership for Youth Success (PaYS) Program to Recruit Veterans

By spragueoperati | May 26, 2021 | Comments Off on U.S. Army and Sprague Operating Resources LLC Announce Partnership for Youth Success (PaYS) Program to Recruit Veterans

Portsmouth, N.H. – Sprague Operating Resources LLC (“Sprague”) is excited to announce its participation in the U.S. Army’s Partnership for Youth Success (PaYS) program.   The partnership between Sprague and […]

June NYMEX Natural Gas Futures Contract Closed at $2.913 on Tuesday, May 25th

By spragueoperati | May 26, 2021 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.913 on Tuesday, May 25th

Tuesday, May 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.921, four cents above Monday’s closing price of 2.886.  Ascending to an intraday high of $2.924 within […]

Oil futures were slightly higher on Tuesday

By spragueoperati | May 26, 2021 | Comments Off on Oil futures were slightly higher on Tuesday

Recap: Oil futures were slightly higher on Tuesday as we approach the U.S. Memorial Day Holiday weekend when demand for gasoline typically picks up. Prices also gained as the U.S. dollar […]

June NYMEX Natural Gas Futures Contract Closed at $2.886 on Monday, May 24th

By spragueoperati | May 25, 2021 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.886 on Monday, May 24th

Monday, May 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.833, seven cents below Friday’s closing price of $2.906.  Marking the intraday low of $2.833 as markets […]

Oil futures scored their highest finish in a week

By spragueoperati | May 25, 2021 | Comments Off on Oil futures scored their highest finish in a week

Recap: Oil futures scored their highest finish in a week, as doubts that an Iranian nuclear deal would surface any time soon. A lack of cooperation by Iran, as well […]

June NYMEX Natural Gas Futures Contract Closed at $2.906 on Friday, May 21st

By spragueoperati | May 24, 2021 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.906 on Friday, May 21st

Friday, May 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.908, two cents below Thursday’s closing price of $2.925.  Marking an intraday low of $2.894 at 9:50AM […]

Barclays said a gradual oil demand recovery is largely on track as economies re-open

By spragueoperati | May 24, 2021 | Comments Off on Barclays said a gradual oil demand recovery is largely on track as economies re-open

Recap: On Friday, the oil market posted an outside trading day following three consecutive days of losses, as it continued to trend lower in overnight trading before it rallied sharply higher.  […]

The global oil markets remained on the defensive for the third consecutive day

By spragueoperati | May 21, 2021 | Comments Off on The global oil markets remained on the defensive for the third consecutive day

Recap: The global oil markets remained on the defensive for the third consecutive day today as news reports swirled that Iran could soon see oil sanction relief. The Iranian president Thursday […]

June NYMEX Natural Gas Futures Contract Closed at $2.964 on Wednesday, May 19th

By spragueoperati | May 20, 2021 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.964 on Wednesday, May 19th

Wednesday, May 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.984, three cents below Tuesday’s closing price of $3.012.  Reaching an intraday high of $2.991 at 9:50AM […]