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August NYMEX Natural Gas Futures Contract Closed at $2.251 on Monday, July 22nd

By Emily Beckett | July 23, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.251 on Monday, July 22nd

Monday, July 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.233, more than ten cents above Friday’s closing price of $2.128. Marking the intraday low of $2.197 […]

Regulatory Matters – Second Quarter 2024

By Emily Beckett | July 22, 2024 | Comments Off on Regulatory Matters – Second Quarter 2024

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 […]

The U.S. Dollar Index Rose Following Stronger Than Expected Data on the U.S. Labor Market

By Emily Beckett | July 22, 2024 | Comments Off on The U.S. Dollar Index Rose Following Stronger Than Expected Data on the U.S. Labor Market

Recap:  The oil market on Friday sold off more than 3% on renewed hopes of a ceasefire in Gaza. The market was also pressured by a strong dollar and concerns […]

August NYMEX Natural Gas Futures Contract Closed at $2.128 on Friday, July 19th

By Emily Beckett | July 22, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.128 on Friday, July 19th

Friday, July 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.076, five cents below Thursday’s closing price of $2.125. Recording the intraday high of $2.064 within minutes […]

API & EIA Reports Show Larger Than Expected Draws in Crude Stocks

By spragueoperati | July 19, 2024 | Comments Off on API & EIA Reports Show Larger Than Expected Draws in Crude Stocks

Recap:  The oil market continued to trade within its recent trading range as it weighed the supportive API and EIA reports showing larger than expected draws in crude stocks against […]

August NYMEX Natural Gas Futures Contract Closed at $2.125 on Thursday, July 18th

By spragueoperati | July 19, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.125 on Thursday, July 18th

Thursday, July 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.077, four cents above Wednesday’s closing price of $2.035. Continuing its pre-opening ascent to trade near $2.095 […]

The Oil Market Rallied Higher on Wednesday in Light of the Larger Than Expected Fall in U.S. Crude Oil Stocks

By spragueoperati | July 18, 2024 | Comments Off on The Oil Market Rallied Higher on Wednesday in Light of the Larger Than Expected Fall in U.S. Crude Oil Stocks

Recap:  The oil market rallied higher on Wednesday in light of the larger than expected fall in U.S. crude oil stocks and a weaker U.S. dollar offsetting any pressure from […]

August NYMEX Natural Gas Futures Contract Closed at $2.035 on Wednesday, July 17th

By spragueoperati | July 18, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.035 on Wednesday, July 17th

Wednesday, July 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.174, a penny below Tuesday’s closing price of $2.188. Recording the intraday high as markets opened, prices […]

The Oil Market Continued to Trend Lower for the Third Consecutive Session

By spragueoperati | July 17, 2024 | Comments Off on The Oil Market Continued to Trend Lower for the Third Consecutive Session

Recap:  The oil market continued to trend lower for the third consecutive session as market sentiment was weighed by concerns over a slowing Chinese economy cutting oil demand. The market […]

August NYMEX Natural Gas Futures Contract Closed at $2.188 on Tuesday, July 16th

By spragueoperati | July 17, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.188 on Tuesday, July 16th

Tuesday, July 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.195, four cents above Monday’s closing price of $2.158. Clawing back some of the losses from the […]