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Sprague announces organizations awarded funding from corporate giving program

By spragueoperati | June 17, 2020 | Comments Off on Sprague announces organizations awarded funding from corporate giving program

Sprague Operating Resources LLC, “Sprague,” headquartered in Portsmouth, NH, is celebrating its 150th anniversary in 2020 and in celebration awarded $150,000 to nonprofit organizations within its footprint. After an extensive […]

The International Energy Agency forecast a record rise in demand for crude and its byproducts next year

By spragueoperati | June 17, 2020 | Comments Off on The International Energy Agency forecast a record rise in demand for crude and its byproducts next year

Recap: Oil futures finished with a more than 3% gain on Tuesday as a monthly report from the International Energy Agency forecast a record rise in demand for crude and […]

July NYMEX Natural Gas Futures Contract Closed at $1.669 on Monday, June 15th

By spragueoperati | June 16, 2020 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $1.669 on Monday, June 15th

Monday, June 15th saw the front-month NYMEX Natural Gas Futures Contract open at $1.725, just below Friday’s closing price of $1.731.  Ascending to an intraday high of $1.738 minutes after […]

Oil futures gave up earlier losses to settle higher Monday

By spragueoperati | June 16, 2020 | Comments Off on Oil futures gave up earlier losses to settle higher Monday

Recap: Oil futures gave up earlier losses to settle higher Monday, buoyed by declines in global crude production even as the potential for a fresh hit to energy demand climbed on […]

July NYMEX Natural Gas Futures Contract Closed at $1.731 on Friday, June 12th

By spragueoperati | June 15, 2020 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $1.731 on Friday, June 12th

Friday, June 12th saw the front-month NYMEX Natural Gas Futures Contract open at $1.791, two cents below Thursday’s closing price of $1.813.  Rising modestly to an intraday high of $1.805, […]

U.S. crude oil inventories have risen to a record 538.1 million barrels

By spragueoperati | June 15, 2020 | Comments Off on U.S. crude oil inventories have risen to a record 538.1 million barrels

Recap: A resurgence of COVID-19 cases combined with concerns over the glum global economic outlook to push oil prices lower on Friday. July WTI fell over 8% on the week, the […]

July NYMEX Natural Gas Futures Contract Closed at $1.813 on Thursday, June 11th

By spragueoperati | June 12, 2020 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $1.813 on Thursday, June 11th

Thursday, June 11th saw the front-month NYMEX Natural Gas Futures Contract open at $1.781, nearly even to Wednesday’s closing price of $1.780.  Ascending from an intraday low of $1.776 within […]

Crude oil prices fell more than 8% on Thursday

By spragueoperati | June 12, 2020 | Comments Off on Crude oil prices fell more than 8% on Thursday

Recap: Crude oil prices fell more than 8% on Thursday, posting the biggest one-day loss in six weeks, as U.S. crude oil inventories increased, the number of coronavirus cases grew […]

July NYMEX Natural Gas Futures Contract Closed at $1.780 on Wednesday, June 10th

By spragueoperati | June 11, 2020 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $1.780 on Wednesday, June 10th

Wednesday, June 10th saw the front-month NYMEX Natural Gas Futures Contract open at $1.764, nearly even to Tuesday’s closing price of $1.767.  Ascending to an intraday high of $1.808 by […]

The EIA reported an increase of 5.7 million barrels in last week’s inventory report

By spragueoperati | June 11, 2020 | Comments Off on The EIA reported an increase of 5.7 million barrels in last week’s inventory report

Recap: Oil futures climbed for the second straight session, despite U.S. crude oil stockpiles rising to record levels. Prices had spent part of the session trading to the downside after the […]