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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 Cash Distribution for the Fourth Quarter of 2020 and Earnings Conference Call Schedule

By spragueoperati | January 22, 2021 | Comments Off on Sprague Resources LP Announces Cash Distribution for the Fourth Quarter of 2020 and Earnings Conference Call Schedule

Sprague announces a cash distribution of $0.6675 per unit PORTSMOUTH, N.H., Jan. 22, 2021 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors […]

February NYMEX Natural Gas Futures Contract Closed at $2.491 on Thursday, January 21st

By spragueoperati | January 22, 2021 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $2.491 on Thursday, January 21st

Thursday, January 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.482, six cents below Wednesday’s closing price of $2.539.  Reaching an intraday high of $2.515 at 9:45AM, […]

The API reported an unexpected build in U.S. crude oil inventories

By spragueoperati | January 22, 2021 | Comments Off on The API reported an unexpected build in U.S. crude oil inventories

Recap: It was a lackluster trading session for oil prices on Thursday despite an unexpected build in U.S. crude oil inventories as reported by the API. Oil futures ended mixed, […]

February NYMEX Natural Gas Futures Contract Closed at $2.539 on Wednesday, January 20th

By spragueoperati | January 21, 2021 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $2.539 on Wednesday, January 20th

Wednesday, January 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.472, seven cents below Tuesday’s closing price of $2.546.  Edging lower to mark a three-week intraday low […]

Oil futures crept higher on Wednesday

By spragueoperati | January 21, 2021 | Comments Off on Oil futures crept higher on Wednesday

Recap: Oil futures crept higher on Wednesday, as Joe Biden was sworn in as the forty-sixth President of the United States, lifting hopes that he and his administration will roll out […]

February NYMEX Natural Gas Futures Contract Closed at $2.546 on Tuesday, January 19th

By spragueoperati | January 20, 2021 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $2.546 on Tuesday, January 19th

Tuesday, January 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.571, a penny above Thursday’s closing price of $2.737.  Losing ground over the long holiday weekend as […]

Oil futures traded higher on Tuesday

By spragueoperati | January 20, 2021 | Comments Off on Oil futures traded higher on Tuesday

Recap: Oil futures traded higher on Tuesday, following a rise in equity markets and weakness in the dollar and discounting a cut in the International Energy Agency’s forecast for 2021 demand. […]

IR Energy reported that U.S. oil refiners are expected to shut in 3.7 million bpd of capacity

By spragueoperati | January 19, 2021 | Comments Off on IR Energy reported that U.S. oil refiners are expected to shut in 3.7 million bpd of capacity

Fundamental News: IIR Energy reported that U.S. oil refiners are expected to shut in 3.7 million bpd of capacity in the week ending January 22nd, increasing available refining capacity by 191,000 […]

February NYMEX Natural Gas Futures Contract Closed at $2.737 on Friday, January 15th

By spragueoperati | January 18, 2021 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $2.737 on Friday, January 15th

Friday, January 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.774, a penny above Thursday’s closing price of $2.666.  Ascending to an intraday high of $2.800 by […]

Oil prices turned lower on Friday

By spragueoperati | January 18, 2021 | Comments Off on Oil prices turned lower on Friday

Recap: Oil prices turned lower on Friday, as lockdowns in China fueled demand concerns due to coronavirus lockdowns. Demand woes tempered the rally driven by strong Chinese oil imports, the […]