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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.

The EIA cut its U.S. and global benchmark crude-price

By spragueoperati | September 11, 2019 | Comments Off on The EIA cut its U.S. and global benchmark crude-price

Recap: U.S. oil futures turned lower Tuesday, as traders bet that the departure of U.S. National Security Adviser John Bolton will ease tensions with Iran, potentially leading to the lifting […]

October NYMEX Natural Gas Futures Contract Closed at $2.585 on Monday, September 9th

By spragueoperati | September 10, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.585 on Monday, September 9th

Monday, September 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.520, two cents above Friday’s closing price of $2.496.  Posting a similar pattern to Friday’s activity, prices […]

Oil prices rose more than 2% on Monday

By spragueoperati | September 10, 2019 | Comments Off on Oil prices rose more than 2% on Monday

Recap: Oil prices rose more than 2% on Monday after the new Saudi energy minister reiterated his country’s commitment to OPEC+ and its policy of limiting crude oil output to […]

October NYMEX Natural Gas Futures Contract Closed at $2.496 on Friday, September 6th

By spragueoperati | September 9, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.496 on Friday, September 6th

Friday, September 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.422, a penny below Thursday’s closing price of $2.435.  Finding continued support early on from the short-covering […]

The Baker Hughes report indicated the number of active rigs in the U.S. declined for the third straight week

By spragueoperati | September 9, 2019 | Comments Off on The Baker Hughes report indicated the number of active rigs in the U.S. declined for the third straight week

Recap: After falling as much as 2.6%, oil prices reversed to the upside on Friday after the Baker Hughes report indicated the number of active rigs in the U.S. declined […]

October NYMEX Natural Gas Futures Contract Closed at $2.435 on Thursday, September 5th

By spragueoperati | September 6, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.435 on Thursday, September 5th

Thursday, September 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.431, a penny below Wednesday’s closing price of $2.445.  Following a jump above $2.450 as markets opened, […]

Oil prices rose to their highest level in 5 weeks

By spragueoperati | September 6, 2019 | Comments Off on Oil prices rose to their highest level in 5 weeks

Recap: A rally in oil futures faded by the end of Thursday’s trading session, prompting U.S. prices to erase nearly all of their earlier gains as plans for U.S.-China trade […]

October NYMEX Natural Gas Futures Contract Closed at $2.445 on Wednesday, September 4th

By spragueoperati | September 5, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.445 on Wednesday, September 4th

Wednesday, September 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.384, nearly three cents above Tuesday’s closing price of $2.358.  Searching for direction through 10:00AM as prices […]

WTI posted its largest daily percentage gain since July

By spragueoperati | September 5, 2019 | Comments Off on WTI posted its largest daily percentage gain since July

Recap: Oil prices turned to the upside on Wednesday, dragged higher by a rise in global stocks after it was reported that China’s service sector expanded at its fastest pace […]

October NYMEX Natural Gas Futures Contract Closed at $2.358 on Tuesday, September 3rd

By spragueoperati | September 4, 2019 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.358 on Tuesday, September 3rd

Tuesday, September 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.300, nearly two cents above Friday’s closing price of $2.285.  Ascending from an intraday low of $2.297 […]