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Crude oil prices bounced back on Tuesday

By spragueoperati | May 1, 2019 | Comments Off on Crude oil prices bounced back on Tuesday

Recap: Crude oil prices bounced back on Tuesday after the Saudi energy minister said a deal between OPEC and other major producers to curb output could be extended to the […]

June NYMEX Natural Gas Futures Contract Closed at $2.575 on Tuesday, April 30th

By spragueoperati | May 1, 2019 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.575 on Tuesday, April 30th

Tuesday, April 30th saw the front-month NYMEX Natural Gas Futures Contract open at $2.594, nearly even to Monday’s closing price of $2.593.  Tallying an intraday high of $2.600 at 9:30AM, […]

U.S. President Donald Trump requested for OPEC to ramp up production in an effort to keep prices down

By spragueoperati | April 30, 2019 | Comments Off on U.S. President Donald Trump requested for OPEC to ramp up production in an effort to keep prices down

Recap: After falling 1.4 percent, to a session low of $71.11, June Brent rose $1.39, to $72.50 a barrel by 13:30 p.m. ET, while June WTI bounced a $1.23 to […]

June NYMEX Natural Gas Futures Contract Closed at $2.593 on Monday, April 29th

By spragueoperati | April 30, 2019 | Comments Off on June NYMEX Natural Gas Futures Contract Closed at $2.593 on Monday, April 29th

On Monday, April 29th – the June NYMEX Natural Gas Futures Contract began trading as the prompt month. Opening at $2.560, two cents below Friday’s closing price of $2.580, prices […]

Oil prices tumbled more than 3 percent on Friday

By spragueoperati | April 29, 2019 | Comments Off on Oil prices tumbled more than 3 percent on Friday

Recap: Oil prices tumbled more than 3 percent on Friday after U.S. President Donald Trump again pressured OPEC to raise crude production to ease gasoline prices ahead of the U.S. […]

May NYMEX Natural Gas Futures Contract Closed at $2.580 on Friday, April 26th

By spragueoperati | April 29, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.580 on Friday, April 26th

On Friday, April 26th – settlement day for the May contract – the front-month NYMEX Natural Gas Futures Contracts opened at $2.520, slightly above Thursday’s closing price of $2.514.  Building […]

Sprague Resources LP Announces Cash Distribution for the First Quarter of 2019 and Earnings Conference Call Schedule

By spragueoperati | April 26, 2019 | Comments Off on Sprague Resources LP Announces Cash Distribution for the First Quarter of 2019 and Earnings Conference Call Schedule

Sprague announces a cash distribution of $0.6675 per unit PORTSMOUTH, N.H., April 26, 2019 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors […]

Brent topped $75.00 a barrel for the first time in 2019

By spragueoperati | April 26, 2019 | Comments Off on Brent topped $75.00 a barrel for the first time in 2019

Recap: On Thursday, Brent topped $75.00 a barrel for the first time in 2019, as Russian exports were suspended due to quality concerns. June Brent rose to a session high of […]

May NYMEX Natural Gas Futures Contract Closed at $2.514 on Thursday, April 26th

By spragueoperati | April 26, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.514 on Thursday, April 26th

Thursday, April 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.473, a penny above Wednesday’s closing price of $2.462.  Slipping to the intraday low of $2.439 at […]

The EIA reported a 5.5 million barrel build in U.S. crude inventories

By spragueoperati | April 25, 2019 | Comments Off on The EIA reported a 5.5 million barrel build in U.S. crude inventories

Recap: Oil prices, which had recovered from an overnight drop, suffered a second setback after the EIA reported a 5.5 million barrel build in U.S. crude oil inventories. Following the release […]