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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 report showed that U.S. crude production dropped to 1.2 million barrels

By spragueoperati | March 15, 2019 | Comments Off on The EIA report showed that U.S. crude production dropped to 1.2 million barrels

Recap: Oil prices were mixed on Thursday, with Brent retreating from four month highs, while WTI posted a fresh four month high. May Brent crude hit a 2019 peak of $68.14 […]

Sprague Resources LP Reports Fourth Quarter and Full Year 2018 Results

By spragueoperati | March 14, 2019 | Comments Off on Sprague Resources LP Reports Fourth Quarter and Full Year 2018 Results

The EIA reported a 3.8 million barrel drop in U.S. crude oil inventories

By spragueoperati | March 14, 2019 | Comments Off on The EIA reported a 3.8 million barrel drop in U.S. crude oil inventories

Recap: WTI rose to its highest level in 4 four months after the EIA reported a 3.8 million barrel drop in U.S. crude oil inventories. Expectations were calling for a build […]

April NYMEX Natural Gas Futures Contracts Closed at $2.820 on Wednesday, March 13th

By spragueoperati | March 14, 2019 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.820 on Wednesday, March 13th

Wednesday, March 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.783, nearly even to Tuesday’s closing price of $2.784.  Still attempting to claw back Monday’s early losses, […]

Sprague Resources LP Reports Fourth Quarter and Full Year 2018 Results

By spragueoperati | March 14, 2019 | Comments Off on Sprague Resources LP Reports Fourth Quarter and Full Year 2018 Results

PORTSMOUTH, N.H., March 14, 2019 (GLOBE NEWSWIRE) — Sprague Resources LP(“Sprague”) (NYSE: SRLP) today reported its financial results for the fourth quarter and twelve months ended December 31, 2018. Fourth Quarter 2018 Highlights Net […]

April NYMEX Natural Gas Futures Contracts Closed at $2.784 on Tuesday, March 12th

By spragueoperati | March 13, 2019 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.784 on Tuesday, March 12th

Tuesday, March 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.755, roughly two cents below Monday’s closing price of $2.772.  Rising from the intraday low of $2.754 […]

Oil prices posted modest gains as Venezuela continues to limit exports

By spragueoperati | March 13, 2019 | Comments Off on Oil prices posted modest gains as Venezuela continues to limit exports

Recap: Oil prices posted modest gains on Tuesday, propped up after a Saudi official said his country plans to cut oil exports in April, while power outages in Venezuela continue […]

Venezuelan exports continue to decline in the wake of nationwide power outages

By spragueoperati | March 12, 2019 | Comments Off on Venezuelan exports continue to decline in the wake of nationwide power outages

Recap: WTI bounced off of the $56.00 level on reports that Saudi Arabia plans to lengthen its reduction of crude oil exports, while Venezuelan exports continue to decline in the […]

April NYMEX Natural Gas Futures Contracts Closed at $2.772 on Monday, March 11th

By spragueoperati | March 12, 2019 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.772 on Monday, March 11th

Monday, March 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.787, roughly eight cents below Friday’s closing price of $2.865.  Losing ground in pre-session trading, markets seemingly […]

April NYMEX Natural Gas Futures Contracts Closed at $2.865 on Friday, March 8th

By spragueoperati | March 11, 2019 | Comments Off on April NYMEX Natural Gas Futures Contracts Closed at $2.865 on Friday, March 8th

Friday, March 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.875, a penny above Thursday’s closing price of $2.866.  Jumping to the intraday high of $2.885 as […]