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The EIA reported a 10.3 million barrel build in U.S. crude oil inventories

By spragueoperati | November 16, 2018 | Comments Off on The EIA reported a 10.3 million barrel build in U.S. crude oil inventories

Recap: Crude oil prices continued to bounce from the extreme sell-off made earlier in the week despite the 10.3 million barrel build in U.S. crude oil inventories as reported by […]

December NYMEX Natural Gas Futures Contracts Closed at $4.038 on Thursday, November 15th

By spragueoperati | November 16, 2018 | Comments Off on December NYMEX Natural Gas Futures Contracts Closed at $4.038 on Thursday, November 15th

Thursday, November 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.559, twenty-eight cents below Wednesday’s closing price of $4.837.  Jumping to the intraday high of $4.602 shortly […]

December NYMEX Natural Gas Futures Contracts Closed at $4.837 on Wednesday, November 14th

By spragueoperati | November 15, 2018 | Comments Off on December NYMEX Natural Gas Futures Contracts Closed at $4.837 on Wednesday, November 14th

Wednesday, November 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $4.591, forty-nine cents above Tuesday’s closing price of $4.101.  Spanning a twenty-four cent range during the day’s […]

Oil prices finished up as traders weigh in on possibility of an OPEC output cut back

By spragueoperati | November 15, 2018 | Comments Off on Oil prices finished up as traders weigh in on possibility of an OPEC output cut back

Recap: Oil prices recovered on Wednesday, stemming the longest losing streak on record. After opening the session below unchanged, prices broke to the upside in early morning trading as traders weighed […]

December NYMEX Natural Gas Futures Contracts Closed at $4.101 on Tuesday, November 13th

By spragueoperati | November 14, 2018 | Comments Off on December NYMEX Natural Gas Futures Contracts Closed at $4.101 on Tuesday, November 13th

Tuesday, November 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.961, roughly seventeen cents above Monday’s closing price of $3.788.  Slipping to the intraday low of $3.921 […]

Oil markets continued downward spiral for 12th consecutive trading session

By spragueoperati | November 14, 2018 | Comments Off on Oil markets continued downward spiral for 12th consecutive trading session

Recap:  The oil markets continued to be in an unrelenting downward spiral for the 12th consecutive trading session Tuesday, as speculative traders continued flee this market. The U.S. oil markets […]

Sprague Leads the Charge in NYC Renewable Diesel Supply

By spragueoperati | November 13, 2018 | Comments Off on Sprague Leads the Charge in NYC Renewable Diesel Supply

Nearly one million gallons of alternative diesel fuel consumed during trial period New York, N.Y. (November 13, 2018) – It’s no secret that the energy industry has gone through significant […]

December NYMEX Natural Gas Futures Contracts Closed at $3.788 on Monday, November 12th

By spragueoperati | November 13, 2018 | Comments Off on December NYMEX Natural Gas Futures Contracts Closed at $3.788 on Monday, November 12th

Monday, November 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.833, roughly eleven cents above Friday’s closing price of $3.719.  Spurred on by increasingly cold forecasts to […]

Rising production and softening U.S. sanctions against Iran pushed oil prices lower

By spragueoperati | November 13, 2018 | Comments Off on Rising production and softening U.S. sanctions against Iran pushed oil prices lower

Recap: U.S. President Donald Trump’s expression of disapproval over the possibility of production cuts combined with rising production and softening U.S. sanctions against Iran, slowed down what appeared to be the […]

December NYMEX Natural Gas Futures Contracts Closed at $3.719 on Friday, November 9th

By spragueoperati | November 12, 2018 | Comments Off on December NYMEX Natural Gas Futures Contracts Closed at $3.719 on Friday, November 9th

Friday, November 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.663, twelve cents above Thursday’s closing price of $3.543.  Despite the week’s bearish storage injection, prices surged […]