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Regulatory Matters – Fourth Quarter 2024

By Emily Beckett | December 30, 2024 | Comments Off on Regulatory Matters – Fourth Quarter 2024
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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 […]

Crude Oil Market Supported by Economic Recovery in China and Larger than Expected Draw

By Emerson Doiron | December 30, 2024 | Comments Off on Crude Oil Market Supported by Economic Recovery in China and Larger than Expected Draw
Sprague Energy renewable diesel truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  After posting an outside trading day on Thursday, the oil market on Friday posted an inside trading but ended the session 1.41% higher. The market posted a low of […]

The Market Sold Off From its Highs to its Lows

By Emily Beckett | December 27, 2024 | Comments Off on The Market Sold Off From its Highs to its Lows
Fleet of white fuel trucks parked at a terminal loading facility with overlay text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap:  The oil market on Thursday in thin holiday trading posted an outside trading day as the market sold off from its highs to its low ahead of the close. […]

Crude Oil Market Pressured by Projected Surplus and Strength of the U.S. Dollar

By Emerson Doiron | December 24, 2024 | Comments Off on Crude Oil Market Pressured by Projected Surplus and Strength of the U.S. Dollar
Sprague Energy renewable diesel truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The oil market traded lower on Monday at the start of what is expected to be a light trading week due to the Christmas holiday. The crude market posted […]

Crude Oil Recovers After Early Losses Amid Global Demand Concerns and Stronger Dollar

By Emerson Doiron | December 23, 2024 | Comments Off on Crude Oil Recovers After Early Losses Amid Global Demand Concerns and Stronger Dollar
Industrial storage tanks at a fuel terminal with city skyline in the background, overlaid with the text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap:  The crude market retraced some early losses and ended the session up after the market had been pressured by concerns about global demand. Interest rates are now expected to […]

January NYMEX Natural Gas Futures Contract Closed at $3.748 on Friday, December 20th

By Emerson Doiron | December 23, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.748 on Friday, December 20th
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Friday, December 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.628, up $0.044 compared to Thursday’s closing price of $3.584. Pulling back initially to mark the intraday […]

Oil Market’s Gains Remain Limited by the Fed’s Signal on Interest Rate Cuts

By Emerson Doiron | December 20, 2024 | Comments Off on Oil Market’s Gains Remain Limited by the Fed’s Signal on Interest Rate Cuts
Smiling man in a cap and vest stands near a fuel tanker truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The crude market posted an inside trading day as the market weighed the draws reported in crude inventories against central banks in the U.S. as well Europe and Asia […]

January NYMEX Natural Gas Futures Contract Closed at $3.584 on Thursday, December 19th

By Emerson Doiron | December 20, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.584 on Thursday, December 19th
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Thursday, December 19th saw the front-month NYMEX Natural Gas Futures Contract open at $3.491, up$0.117 compared to Wednesday’s closing price of $3.374. Following overnight gains that can be attributed to […]

Crude Oil Gains Limited after Federal Reserve Signals Interest Rate Cuts Next Year

By Emerson Doiron | December 19, 2024 | Comments Off on Crude Oil Gains Limited after Federal Reserve Signals Interest Rate Cuts Next Year
Fleet of white fuel trucks parked at a terminal loading facility with overlay text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap: The oil market retraced some of its recent losses in light of the weekly petroleumstocks reports showing draws in crude stocks. However, its gains were limited after the FederalReserve […]

January NYMEX Natural Gas Futures Contract Closed at $3.374 on Wednesday, December 18th

By Emerson Doiron | December 19, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.374 on Wednesday, December 18th
Blue-tinted image of a lit natural gas stove burner with the text 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle overlay.

Wednesday, December 18th saw the front-month NYMEX Natural Gas Futures Contract open at $3.400, up $0.092 compared to Tuesday’s closing price of $3.308. Sustaining overnight gains throughout the morning, analysts […]