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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.

A decline in global equities put pressure on oil prices

By spragueoperati | July 17, 2020 | Comments Off on A decline in global equities put pressure on oil prices

Recap: A decline in global equities put pressure on oil prices Thursday, just one day after trading at their highest level in four months. Prices also pulled back overnight after […]

August NYMEX Natural Gas Futures Contract Closed at $1.778 on Wednesday, July 15th

By spragueoperati | July 16, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.778 on Wednesday, July 15th

Wednesday, July 15th saw the front-month NYMEX Natural Gas Futures Contract open at $1.755, a penny above Tuesday’s closing price of $1.746.  Ascending to $1.773 out of the gate, bearish […]

Oil futures traded at their highest level in four months

By spragueoperati | July 16, 2020 | Comments Off on Oil futures traded at their highest level in four months

Recap: Oil futures traded at their highest level in four months on Wednesday, on the back of the biggest weekly decline in U.S. crude oil inventories so far this year. […]

August NYMEX Natural Gas Futures Contract Closed at $1.746 on Tuesday, July 14th

By spragueoperati | July 15, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.746 on Tuesday, July 14th

Tuesday, July 14th saw the front-month NYMEX Natural Gas Futures Contract open at $1.724, nearly two cents below Monday’s closing price of $1.739.  Slipping to an intraday low of $1.717 […]

OPEC reported global oil demand will increase by a record 7 million bpd in 2021

By spragueoperati | July 15, 2020 | Comments Off on OPEC reported global oil demand will increase by a record 7 million bpd in 2021

Recap: Oil prices erased early losses on Tuesday, getting support from a weaker U.S. dollar, as traders weighed uncertainty over the next move for OPEC and its allies on production cuts, […]

August NYMEX Natural Gas Futures Contract Closed at $1.739 on Monday, July 13th

By spragueoperati | July 14, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.739 on Monday, July 13th

Monday, July 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.775, three cents below Friday’s closing price of $1.805.  Mounting a staggered ascent to reach an intraday […]

Oil prices reversed to the downside as OPEC+ is expected to ease output cuts

By spragueoperati | July 14, 2020 | Comments Off on Oil prices reversed to the downside as OPEC+ is expected to ease output cuts

Recap: After a feeble attempt to trade higher on Monday, oil prices reversed to the downside as OPEC+ is expected to ease output cuts, while the number of confirmed Coronavirus cases […]

August NYMEX Natural Gas Futures Contract Closed at $1.805 on Friday, July 10th

By spragueoperati | July 13, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.805 on Friday, July 10th

Friday, July 10th saw the front-month NYMEX Natural Gas Futures Contract open at $1.802, two cents above Thursday’s closing price of $1.779.  Marking an intraday low of $1.788 by 9:10AM, […]

Oil prices climbed more than 2% on Friday

By spragueoperati | July 13, 2020 | Comments Off on Oil prices climbed more than 2% on Friday

Recap: Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) bumped up its 2020 demand forecast but record-breaking new coronavirus cases in the U.S. tempered […]

August NYMEX Natural Gas Futures Contract Closed at $1.779 on Thursday, July 9th

By spragueoperati | July 10, 2020 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $1.779 on Thursday, July 9th

Thursday, July 9th saw the front-month NYMEX Natural Gas Futures Contract open at $1.876, five cents above Wednesday’s closing price of $1.824.  Tallying an intraday high of $1.883 within minutes […]