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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.

Crude Oil Market Well Supported by Cold Snap in U.S. and Europe

By Emerson Doiron | January 13, 2025 | Comments Off on Crude Oil Market Well Supported by Cold Snap in U.S. and Europe
Smiling man in a cap and vest stands near a fuel tanker truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The oil market rallied sharply higher and posted a third consecutive week of gains amid concerns of potential supply disruptions due to further sanctions imposed against Russia. The market […]

February NYMEX Natural Gas Futures Contract Closed at $3.989 on Friday, January 10th

By Emerson Doiron | January 13, 2025 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.989 on Friday, January 10th
Digital stock market display board over a cityscape background with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Friday, January 10th saw the front-month NYMEX Natural Gas Futures Contract open at $3.910, up $0.209 compared to Thursday’s closing price of $3.701. Bolstered by weather models finding common ground […]

Crude Oil Market Traded Higher, Supported by Increased Winter Fuel Demand

By Emerson Doiron | January 10, 2025 | Comments Off on Crude Oil Market Traded Higher, Supported by Increased Winter Fuel Demand
Industrial storage tanks at a fuel terminal with city skyline in the background, overlaid with the text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap:  The oil market on Thursday traded higher as the market was supported by increased winter fuel demand, shrugging off the latest weekly inventory reports showing large builds in product […]

February NYMEX Natural Gas Futures Contract Closed at $3.701 on Thursday, January 9th

By Emerson Doiron | January 10, 2025 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.701 on Thursday, January 9th
Blue-tinted image of a lit natural gas stove burner with the text 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle overlay.

Thursday, January 9th saw the front-month NYMEX Natural Gas Futures Contract open at $3.663, up $0.012 compared to Wednesday’s closing price of $3.651. Recording the intraday low of $3.655, prices […]

Large Builds in U.S. Oil Product Stocks

By Emily Beckett | January 9, 2025 | Comments Off on Large Builds in U.S. Oil Product Stocks
Fleet of white fuel trucks parked at a terminal loading facility with overlay text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap:  The oil market traded lower on Wednesday in light of large builds in U.S. oil product stocks, reversing early gains from tightening supplies from Russia and other OPEC members. […]

February NYMEX Natural Gas Futures Contract Closed at $3.651 on Wednesday, January 8th

By Emily Beckett | January 9, 2025 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.651 on Wednesday, January 8th
Close-up of a hand pointing a pencil at a digital stock chart with natural gas trading data, overlaid with the text 'Natural Gas MarketWatch' in bold white font framed by a red rectangle.

Wednesday, January 8th saw the front-month NYMEX Natural Gas Futures Contract open at $3.568, up $0.119 compared to Tuesday’s closing price of $3.449. Ticking higher overnight as forecasts remain supportive, […]

Frigid Weather Forecasts Calling for Increasing Heating Oil Demand

By Emily Beckett | January 8, 2025 | Comments Off on Frigid Weather Forecasts Calling for Increasing Heating Oil Demand
Sprague Energy renewable diesel truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The oil market ended the session higher on Tuesday after it reversed its early declines. The market was supported by the near term weather forecasts calling for frigid weather […]

February NYMEX Natural Gas Futures Contract Closed at $3.449 on Tuesday, January 7th

By Emily Beckett | January 8, 2025 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.449 on Tuesday, January 7th
Two men pose at a Sprague Energy trade show table displaying promotional items and a banner about natural gas and electricity services, overlaid with the text 'Natural Gas MarketWatch' in bold white font framed by a red rectangle.

Tuesday, January 7th saw the front-month NYMEX Natural Gas Futures Contract open at $3.544, down $0.128 compared to Monday’s closing price of $3.672. With widespread cold and impending OFO’s already […]

February NYMEX Natural Gas Futures Contract Closed at $3.672 on Monday, January 6th

By Emily Beckett | January 7, 2025 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.672 on Monday, January 6th
Close-up of a blue flame on a natural gas stove burner with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Monday, January 6th saw the front-month NYMEX Natural Gas Futures Contract open at $3.684, up $0.330 compared to Friday’s closing price of $3.354. Recording the intraday high of $3.726 within […]

The Market Gave Up its Previous Sharp Gains After Being in Overbought Territory

By Emily Beckett | January 7, 2025 | Comments Off on The Market Gave Up its Previous Sharp Gains After Being in Overbought Territory
Smiling man in a cap and vest stands near a fuel tanker truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The oil market ended the session lower on Monday after it gave up some of its previous sharp gains after being in technically overbought territory over the last few […]