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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.

EIA reported a surprise build in U.S. crude oil inventories

By spragueoperati | March 28, 2019 | Comments Off on EIA reported a surprise build in U.S. crude oil inventories

Recap: Oil prices headed lower on Wednesday after the EIA reported a surprise build in U.S. crude oil inventories. May WTI fell $1.24, as it slowly slipped to a session low […]

April NYMEX Natural Gas Futures Contracts Closed at $2.719 on Wednesday, March 27th

By spragueoperati | March 28, 2019 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.719 on Wednesday, March 27th

On Wednesday, March 27th – settlement day for the April contract – the front-month NYMEX Natural Gas Futures Contract opened at $2.705, nearly five cents below Tuesday’s closing price of […]

Traders responded to news about falling exports out of Venezuela and Iran

By spragueoperati | March 27, 2019 | Comments Off on Traders responded to news about falling exports out of Venezuela and Iran

Recap: WTI continued its gravitational pull toward $60.00 a barrel, as geopolitical strife outweighed economic concern. Traders responded to an array of news which included falling exports out of Venezuela […]

April NYMEX Natural Gas Futures Contracts Closed at $

By spragueoperati | March 27, 2019 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $

Tuesday, March 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.759, slightly above Monday’s closing price of $2.755.  Marking the intraday high of $2.766 within minutes of […]

Oil prices staged a comeback as investors focused on tighter supplies and falling U.S. crude oil inventories

By spragueoperati | March 26, 2019 | Comments Off on Oil prices staged a comeback as investors focused on tighter supplies and falling U.S. crude oil inventories

Recap: Oil prices were mostly flat on Monday due to a lack of fresh fundamentals. After opening the session trading below unchanged, oil prices staged a comeback as investors focused on […]

April NYMEX Natural Gas Futures Contracts Closed at $2.755 on Monday, March 25th

By spragueoperati | March 26, 2019 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.755 on Monday, March 25th

Monday, March 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.720, roughly three cents below Friday’s closing price of $2.753.  Mounting a recovery effort from the intraday […]

Oil prices pulled back from four month highs

By spragueoperati | March 25, 2019 | Comments Off on Oil prices pulled back from four month highs

Recap: Oil prices continued to slip on Friday, pulling back from four month highs as the dollar and U.S. treasuries rose amidst falling stocks. This appears to have sparked fears of […]

April NYMEX Natural Gas Futures Contracts Closed at $2.753 on Friday, March 22nd

By spragueoperati | March 25, 2019 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.753 on Friday, March 22nd

Friday, March 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.781, roughly four cents below Thursday’s closing price of $2.821.  Recording the intraday high of $2.784 within […]

Oil prices turned lower as global trade tensions continue to loom over the market

By spragueoperati | March 22, 2019 | Comments Off on Oil prices turned lower as global trade tensions continue to loom over the market

Recap: After climbing to a fresh 2019 high on Thursday, oil prices turned lower as global trade tensions continue to loom over the market. May WTI rose to a high of […]

April NYMEX Natural Gas Futures Contracts Closed at $2.821 on Thursday, March 21st

By spragueoperati | March 22, 2019 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.821 on Thursday, March 21st

Thursday, March 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.798, roughly two cents below Wednesday’s closing price of $2.820.  Tallying the intraday low of $2.796 out […]