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Sprague Resources LP Reports Second Quarter 2019 Results

By spragueoperati | August 7, 2019 | Comments Off on Sprague Resources LP Reports Second Quarter 2019 Results

Traders weighed in on the effect trade tensions between the U.S. and China could have on demand for oil

By spragueoperati | August 7, 2019 | Comments Off on Traders weighed in on the effect trade tensions between the U.S. and China could have on demand for oil

Recap: Crude oil prices turned lower on Tuesday, giving up early gains after the stock market pared its recovery and, as traders weighed in on the effect trade tensions between […]

September NYMEX Natural Gas Futures Contract Closed at $2.111 on Tuesday, August 6th

By spragueoperati | August 7, 2019 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.111 on Tuesday, August 6th

Tuesday, August 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.097, nearly three cents above Monday’s closing price of $2.070.  Slipping to an intraday low of $2.081 […]

The trade war between the U.S. and China pushed oil prices lower on Monday

By spragueoperati | August 6, 2019 | Comments Off on The trade war between the U.S. and China pushed oil prices lower on Monday

Recap: The ongoing trade war between the U.S. and China dominated market activity, pushing oil prices lower on Monday. Brent crude oil was hit the hardest, with the October contract falling […]

September NYMEX Natural Gas Futures Contract Closed at $2.070 on Monday, August 5th

By spragueoperati | August 6, 2019 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.070 on Monday, August 5th

Monday, August 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.044, nearly eight cents below Friday’s closing price of $2.121.  Slipping to another three-year intraday low of […]

Oil prices bounced on Friday, just one day after falling more than 7%

By spragueoperati | August 5, 2019 | Comments Off on Oil prices bounced on Friday, just one day after falling more than 7%

Recap: Oil prices bounced on Friday, just one day after falling more than 7%. September WTI was up $2.10, or 3.8%, to $56.05 a barrel by 9:24 a.m. EDT, while October […]

September NYMEX Natural Gas Futures Contract Closed at $2.121 on Friday, August 2nd

By spragueoperati | August 5, 2019 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.121 on Friday, August 2nd

Friday, August 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.113, nine cents below Thursday’s closing price of $2.202.  Reaching an intraday high of $2.129 soon after […]

Oil prices fell dramatically on Thursday

By spragueoperati | August 2, 2019 | Comments Off on Oil prices fell dramatically on Thursday

Recap: Oil prices fell dramatically on Thursday after U.S. President Donald Trump threatened new tariffs on Chinese imports starting September 1. Prices, which were already experiencing their first loss in six […]

September NYMEX Natural Gas Futures Contract Closed at $2.202 on Thursday, August 1st

By spragueoperati | August 2, 2019 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.202 on Thursday, August 1st

Thursday, August 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.317, eight cents above Wednesday’s closing price of $2.233.  Marking an intraday high of $2.318 out of […]

The EIA reported that U.S. crude oil inventories fell 8.5 million barrels

By spragueoperati | August 1, 2019 | Comments Off on The EIA reported that U.S. crude oil inventories fell 8.5 million barrels

Recap: Oil prices rose for the fifth straight session, gaining support from the larger than expected inventory draw in U.S. crude oil stockpiles. According to the EIA, U.S. crude oil […]