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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 Energy Named Exclusive Energy Partner for Rhode Island Automobile Dealers Association (RIADA)

By Emily Beckett | April 7, 2025 | Comments Off on Sprague Energy Named Exclusive Energy Partner for Rhode Island Automobile Dealers Association (RIADA)
Announcement graphic with text reading “Sprague Energy Named Exclusive Energy Partner for Rhode Island Automobile Dealers Association (RIADA)” over a blue-tinted image of a modern car showroom with vehicles lined up and a red rectangular border around the text.

Sprague Energy is proud to announce its designation as the Exclusive Energy Partner for the Rhode Island Automobile Dealers Association (RIADA). The partnership signifies Sprague’s commitment to delivering tailored energy […]

The Oil Market Reacts to China’s Retaliatory Tariffs

By Emily Beckett | April 7, 2025 | Comments Off on The Oil Market Reacts to China’s Retaliatory Tariffs
Sprague Energy renewable diesel truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The oil market already under pressure from U.S. President Donald Trump’s sweeping tariffs and an expected increase in OPEC+ production in May, plummeted 7.4% on Friday after China imposed […]

May NYMEX Natural Gas Futures Contract Closed at $3.837 on Friday, April 4th

By Emily Beckett | April 7, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $3.837 on Friday, April 4th
Digital stock market display board over a cityscape background with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Friday, April 4th saw the front-month NYMEX Natural Gas contract opened at $3.969, $0.169 cents below Thursday’s closing price of $4.138. Recording the intraday high of $3.969 within minutes of […]

OPEC+ Decision to Advance its Unwinding of Oil Output Cuts

By Emily Beckett | April 4, 2025 | Comments Off on OPEC+ Decision to Advance its Unwinding of Oil Output Cuts
Smiling man in a cap and vest stands near a fuel tanker truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The oil market plunged on Thursday, giving up most of its gains seen over the last few weeks since early March, as a decision by OPEC+ to advance its […]

May NYMEX Natural Gas Futures Contract Closed at $4.138 on Thursday, April 3rd

By Emily Beckett | April 4, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $4.138 on Thursday, April 3rd
Close-up of a blue flame on a natural gas stove burner with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Thursday, April 3rd saw the front-month NYMEX Natural Gas contract opened at $4.125, $0.070 cents above Wednesday’s closing price of $4.055. With tariff-related market uncertainty and weather forecasts providing support, […]

Regulatory Matters – First Quarter 2025

By Emily Beckett | April 3, 2025 | Comments Off on Regulatory Matters – First Quarter 2025
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Sprague Regulatory Matters is provided as a courtesy to our customers. Please note that the information contained in Sprague Regulatory Matters is for informational purposes only and should not be […]

The Market Prepared for the U.S. to Impose Sweeping Reciprocal Tariffs

By Emily Beckett | April 3, 2025 | Comments Off on The Market Prepared for the U.S. to Impose Sweeping Reciprocal Tariffs
Industrial storage tanks at a fuel terminal with city skyline in the background, overlaid with the text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap:  The crude oil market traded higher as the market prepared for the U.S. to impose sweeping reciprocal tariffs later on Wednesday afternoon. The market also seemed to have shrugged […]

May NYMEX Natural Gas Futures Contract Closed at $4.055 on Wednesday, April 2nd

By Emily Beckett | April 3, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $4.055 on Wednesday, April 2nd
Close-up of a hand pointing a pencil at a digital stock chart with natural gas trading data, overlaid with the text 'Natural Gas MarketWatch' in bold white font framed by a red rectangle.

Wednesday, April 2nd saw the front-month NYMEX Natural Gas contract opened at $4.011, $0.060 cents above Tuesday’s closing price of $3.951. Continuing the overnight rally to peak at an intraday […]

The Unwinding of OPEC+ Output Cuts and Trade War Concerns

By Emily Beckett | April 2, 2025 | Comments Off on The Unwinding of OPEC+ Output Cuts and Trade War Concerns
Man in a cap and denim jacket uses a smartphone and tablet in front of a white fuel truck, with overlay text reading 'Refined Products MarketWatch' in bold white font framed by a red rectangle.

Recap:  The crude market continued to weigh the threats by U.S. President Donald Trump to impose tariffs on Russian crude exports and attack Iran against the start of OPEC+’s gradual […]

May NYMEX Natural Gas Futures Contract Closed at $3.951 on Tuesday, April 1st

By Emily Beckett | April 2, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $3.951 on Tuesday, April 1st
Two men pose at a Sprague Energy trade show table displaying promotional items and a banner about natural gas and electricity services, overlaid with the text 'Natural Gas MarketWatch' in bold white font framed by a red rectangle.

Tuesday, April 1st saw the front-month NYMEX Natural Gas contract opened at $4.216, $0.151 cents above Friday’s closing price of $4.119. Recording the intraday high of $4.060 ahead of 10:00AM, […]