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U.S. crude futures hit an 18-year low

By spragueoperati | March 19, 2020 | Comments Off on U.S. crude futures hit an 18-year low

Recap: Oil prices plunged on Wednesday, with U.S. crude futures hitting an 18-year low, as governments worldwide accelerated lockdowns to counter the coronavirus pandemic and as the price war between […]

Sprague Resources LP Reports Full Year 2019 Results

By spragueoperati | March 18, 2020 | Comments Off on Sprague Resources LP Reports Full Year 2019 Results

Portsmouth, N.H., March 18, 2020 – Sprague Resources LP (“Sprague”) (NYSE: SRLP) filed its Annual Report on Form 10-K for the twelve months ended December 31, 2019 with the U.S. […]

April NYMEX Natural Gas Futures Contract Closed at $1.729 on Tuesday, March 18th

By spragueoperati | March 18, 2020 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.729 on Tuesday, March 18th

Tuesday, March 17th saw the front-month NYMEX Natural Gas Futures Contract open at $1.788, three cents below Monday’s closing price of $1.815.  Climbing to an intraday high of $1.820 within […]

Oil prices fell to their lowest in four years

By spragueoperati | March 18, 2020 | Comments Off on Oil prices fell to their lowest in four years

Recap: Recession fears pressured oil prices on Thursday, pushing them to their lowest level in four years, as the coronavirus pandemic slowed economic growth and oil demand while Saudi Arabia and […]

April NYMEX Natural Gas Futures Contracts Closed at $1.815 on Monday, March 16th

By spragueoperati | March 17, 2020 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $1.815 on Monday, March 16th

Monday, March 16th saw the front-month NYMEX Natural Gas Futures Contract open at $1.809, six cents below Friday’s closing price of $1.869.  This followed a weekend decline that was likely […]

Oil prices picked up tailwinds on Monday

By spragueoperati | March 17, 2020 | Comments Off on Oil prices picked up tailwinds on Monday

Recap: Oil prices picked up tailwinds on Monday, following equities lower after an emergency Federal Reserve interest rate cut did little to quell the panic among investors caused by the […]

Oil prices posted biggest weekly drop since 2008 after coronavirus outbreak has hit world economy

By spragueoperati | March 16, 2020 | Comments Off on Oil prices posted biggest weekly drop since 2008 after coronavirus outbreak has hit world economy

Recap: Oil prices posted their biggest weekly drop since the 2008 global financial crisis after the coronavirus outbreak rocked the world economy while top exporter Saudi Arabia and its allies […]

April NYMEX Natural Gas Futures Contract Closed at $1.869 on Friday, March 13th

By spragueoperati | March 16, 2020 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.869 on Friday, March 13th

Friday, March 13th saw the front-month NYMEX Natural Gas Futures Contract open at $1.921, eight cents above Thursday’s closing price of $1.841.  Reaching an intraday high of $1.951 by 9:20AM, […]

April NYMEX Natural Gas Futures Contract Closed at $1.841 on Thursday, March 12th

By spragueoperati | March 13, 2020 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.841 on Thursday, March 12th

Thursday, March 12th saw the front-month NYMEX Natural Gas Futures Contract open at $1.775, ten cents below Wednesday’s closing price of $1.878.  Ascending from an intraday low of $1.774 just […]

Both WTI and Brent suffered a loss of more than 7%

By spragueoperati | March 13, 2020 | Comments Off on Both WTI and Brent suffered a loss of more than 7%

Recap: Oil futures finished sharply lower Thursday, with both WTI and Brent suffering a loss of more than 7%, after President Donald Trump imposed restrictions on travel from Europe to the […]