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Oil prices were weighed down by macroeconomic pressures

By spragueoperati | May 14, 2019 | Comments Off on Oil prices were weighed down by macroeconomic pressures

Recap: After posting dramatic gains, oil prices sold off, weighed down by macroeconomic pressures. With equities down more than 2%, crude oil prices were unable to hold on to gains that […]

June NYMEX Natural Gas Futures Contract Closed at

By spragueoperati | May 14, 2019 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at

Monday, May 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.611, slightly below Friday’s closing price of $2.619.  Ascending confidently out of the gate yesterday morning, prices […]

June NYMEX Natural Gas Futures Contract Closed at $2.619 on Friday, May 10th

By spragueoperati | May 13, 2019 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.619 on Friday, May 10th

Friday, May 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.598, slightly above Thursday’s closing price of $2.595.  Slipping to the intraday low of $2.579 by 9:20AM, […]

Trade tensions between China and the U.S. appear to be heating up

By spragueoperati | May 13, 2019 | Comments Off on Trade tensions between China and the U.S. appear to be heating up

Recap: Oil prices were mixed on Friday, with WTI edging lower as trade tensions between China and the U.S. appear to be heating up. After gaining as much as 1.2 percent […]

Traders mulled over the effects that trade talks between China and the U.S. would have on demand

By spragueoperati | May 10, 2019 | Comments Off on Traders mulled over the effects that trade talks between China and the U.S. would have on demand

Recap: WTI fell on Thursday, while Brent tacked on a few pennies as traders mulled over the effects that trade talks between China and the U.S. would have on demand.  In […]

June NYMEX Natural Gas Futures Contract Closed at $2.596 on Thursday, May 9th

By spragueoperati | May 10, 2019 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.596 on Thursday, May 9th

Thursday, May 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.589, two cents below Wednesday’s closing price of $2.610.  Trading sideways along $2.585 through 10:30AM, the contract […]

EIA reported a draw of 3.96 million barrels in U.S. crude oil inventories

By spragueoperati | May 9, 2019 | Comments Off on EIA reported a draw of 3.96 million barrels in U.S. crude oil inventories

Recap: Oil prices rose as much as 1.5 percent after the EIA released its report showing a draw of 3.96 million barrels in U.S. crude oil inventories. Analysts had expected an […]

June NYMEX Natural Gas Futures Contract Closed at $2.610 on Wednesday, May 8th

By spragueoperati | May 9, 2019 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.610 on Wednesday, May 8th

Wednesday, May 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.578, roughly four cents above Tuesday’s closing price of $2.537.  Climbing from the intraday low of $2.574 […]

Sprague Resources LP Reports First Quarter 2019 Results

By spragueoperati | May 8, 2019 | Comments Off on Sprague Resources LP Reports First Quarter 2019 Results

Oil prices fell by more than 2 percent on Tuesday

By spragueoperati | May 8, 2019 | Comments Off on Oil prices fell by more than 2 percent on Tuesday

Recap: Oil prices slipped by more than 2 percent on Tuesday, dragged lower by a slide in equities, amid heightened concern over trade talks between the U.S. and China. July Brent […]