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May NYMEX Natural Gas Futures Contract Closed at $2.517 on Wednesday, April 18th

By spragueoperati | April 18, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.517 on Wednesday, April 18th

Wednesday, April 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.560, a penny below Tuesday’s closing price of $2.572.  Reaching the intraday high of $2.561 within minutes […]

Oil prices steadied on Tuesday

By spragueoperati | April 17, 2019 | Comments Off on Oil prices steadied on Tuesday

Recap: Oil prices steadied on Tuesday, as exports from Iran and Venezuela continued to slide and as fighting in Libya increased, raising concern over tightening global supplies. After slipping 41 […]

May NYMEX Natural Gas Futures Contract Closed at $2.572 on Tuesday, April 16th

By spragueoperati | April 17, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.572 on Tuesday, April 16th

Tuesday, April 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.590, even to Monday’s closing price.  With continued bearish sentiment setting in as temperatures rise and expectations […]

The EIA reported that US shale production is expected to increase to a record 8.5 million bpd in May

By spragueoperati | April 16, 2019 | Comments Off on The EIA reported that US shale production is expected to increase to a record 8.5 million bpd in May

Recap: The oil market traded lower on Monday on the possibility that Russia may decide to abandon the agreement between OPEC and non-OPEC producers.  The crude market opened down 13 cents […]

May NYMEX Natural Gas Futures Contract Closed at $2.590

By spragueoperati | April 16, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.590

Monday, April 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.626, roughly three cents below Friday’s closing price of $2.660.  Trending lower out of the gate, prices […]

May NYMEX Natural Gas Futures Contract Closed at $2.660 on Friday. April 12th

By spragueoperati | April 15, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.660 on Friday. April 12th

Friday, April 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.682, nearly two cents above Thursday’s closing price of $2.664.  Rising to the intraday high of $2.688 […]

Oil prices rose as cuts in Venezuela and Iran tighten supply

By spragueoperati | April 15, 2019 | Comments Off on Oil prices rose as cuts in Venezuela and Iran tighten supply

Recap:  Oil prices rose on Friday as concerns over tightening supplies increased due to supply cuts from Venezuela and Iran and conflicts in Libya. Adding to the up move was […]

Regulatory Matters – First Quarter 2019

By spragueoperati | April 15, 2019 | Comments Off on Regulatory Matters – First Quarter 2019

Sprague Regulatory Matters is provided as a courtesy to our customers. Please note that the information contained in Sprague Regulatory Matters is for informational purposes only and should not be […]

Traders are concerned that the market will become oversupplied if OPEC increases output

By spragueoperati | April 12, 2019 | Comments Off on Traders are concerned that the market will become oversupplied if OPEC increases output

Recap: Oil prices fell 2 percent on Thursday on reports that OPEC may raise output from July if Venezuelan and Iranian supplies fall further and prices keep rallying. May WTI fell […]

May NYMEX Natural Gas Futures Contract Closed at $2.664 on Thursday, April 11th

By spragueoperati | April 12, 2019 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $2.664 on Thursday, April 11th

Thursday, April 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.676, roughly two cents below Wednesday’s closing price of $2.700.  Climbing steadily through the morning, the contract […]