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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.

Iranian President Hassan Rouhani said he was open to discuss small changes to the 2015 nuclear deal if the U.S. lifted sanctions on his country

By spragueoperati | September 25, 2019 | Comments Off on Iranian President Hassan Rouhani said he was open to discuss small changes to the 2015 nuclear deal if the U.S. lifted sanctions on his country

Recap: Oil prices declined on Tuesday after U.S. consumer confidence fell to 125.1 in September and after Iranian President Hassan Rouhani said he was open to discuss small changes to the […]

October NYMEX Natural Gas Futures Contract Closed at $2.527 on Monday, September 23rd

By spragueoperati | September 24, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.527 on Monday, September 23rd

Monday, September 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.510, about two cents below Friday’s closing price of $2.534.  Continuing to use the $2.50 mark as […]

Oil prices finished higher on Monday

By spragueoperati | September 24, 2019 | Comments Off on Oil prices finished higher on Monday

Recap: Oil prices finished higher on Monday, as tensions in the Middle East overshadowed the restoration of output from Saudi Arabia, which was lost due to attacks over a week […]

October NYMEX Natural Gas Futures Contract Closed at $2.534 on Friday, September 20th

By spragueoperati | September 23, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.534 on Friday, September 20th

Friday, September 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.568, three cents above Thursday’s closing price of $2.538.  Inching upward to reach an intraday high of […]

The market was supported amid reports that Saudi Aramco switched crude grades and delayed crude and oil product deliveries to customers

By spragueoperati | September 23, 2019 | Comments Off on The market was supported amid reports that Saudi Aramco switched crude grades and delayed crude and oil product deliveries to customers

Recap: The crude market looked ready to post an inside trading day on Friday as it remained supported amid the concerns over supply and the escalating Middle East tensions.  However, the […]

October NYMEX Natural Gas Futures Contract Closed at $2.538 in Thursday, September 19th

By spragueoperati | September 20, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.538 in Thursday, September 19th

Thursday, September 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.621, nearly two cents below Wednesday’s closing price of $2.637. Descending from the intraday high of $2.627 […]

Oil market closed slightly higher as Saudi Arabia continues to restore oil operations

By spragueoperati | September 20, 2019 | Comments Off on Oil market closed slightly higher as Saudi Arabia continues to restore oil operations

Recap:  On Thursday, the oil market rallied higher but ended the session relatively unchanged as the market attempts to gauge when Saudi Arabia’s oil operations will return to normal following […]

October NYMEX Natural Gas Futures Contract Closed at $2.637 on Wednesday, September 18th

By spragueoperati | September 19, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.637 on Wednesday, September 18th

Wednesday, September 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.691, roughly two cents above Tuesday’s closing price of $2.668. Peaking at the intraday high of $2.691 […]

Saudi Arabia has already restored 50% of lost production since the drone attack on Saturday

By spragueoperati | September 19, 2019 | Comments Off on Saudi Arabia has already restored 50% of lost production since the drone attack on Saturday

Recap: Oil prices pulled back for the second straight session on Wednesday as traders reacted to reports that Saudi Arabia had already restored 50% of lost production since the drone attack […]

October NYMEX Natural Gas Futures Contract Closed at $2.668 on Tuesday, September 17th

By spragueoperati | September 18, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.668 on Tuesday, September 17th

Tuesday, September 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.649, three cents below Monday’s closing price of $2.681.  Falling to an intraday low of $2.628 by […]