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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 Parties Vying for Control in Libya Reached an Agreement

By Emily Beckett | September 5, 2024 | Comments Off on The Parties Vying for Control in Libya Reached an Agreement
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 crude market continued to trend lower on Wednesday as bearish sentiment seems to be dominating the narrative. While the market fell sharply on Tuesday following reports that the […]

The Oil Market Sold Off Sharply Following the Long Labor Day Holiday

By Emily Beckett | September 4, 2024 | Comments Off on The Oil Market Sold Off Sharply Following the Long Labor Day Holiday
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 oil market sold off sharply on Tuesday, following the long Labor Day holiday on Monday, after reports that a deal was imminent to resolve a dispute that has […]

October NYMEX Natural Gas Futures Contract Closed at $2.203 on Tuesday, September 3rd

By Emily Beckett | September 4, 2024 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.203 on Tuesday, September 3rd
Close-up of a hand pointing a pencil at a digital stock chart with natural gas trading data, overlaid with the text 'Natural Gas MarketWatch' in bold white font framed by a red rectangle.

Tuesday, September 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.132, slightly above Friday’s closing price of $2.127. Entering the market in a down swing following the […]

Concerns About Demand and the Expectation of Increased Supply From OPEC+

By Emily Beckett | September 3, 2024 | Comments Off on Concerns About Demand and the Expectation of Increased Supply From OPEC+
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 oil market erased its recent gains and posted a weekly decline of 1.71% amid concerns about demand and the expectation of increased supply from OPEC+. The market traded […]

Concerns Over Libya’s Oil Output Outweighed a Smaller Than Expected Draw in U.S. Crude Stocks

By Emily Beckett | August 30, 2024 | Comments Off on Concerns Over Libya’s Oil Output Outweighed a Smaller Than Expected Draw in U.S. Crude Stocks
Man in a cap and denim jacket uses a smartphone and tablet in front of a white fuel truck, with overlay text reading 'Refined Products MarketWatch' in bold white font framed by a red rectangle.

Recap:  The crude market on Thursday remained steady following two sessions of losses as concerns over Libya’s oil output outweighed a smaller than expected draw in U.S. crude stocks. The […]

October NYMEX Natural Gas Futures Contract Closed at $2.137 on Thursday, August 29th

By Emily Beckett | August 30, 2024 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.137 on Thursday, August 29th
Two men pose at a Sprague Energy trade show table displaying promotional items and a banner about natural gas and electricity services, overlaid with the text 'Natural Gas MarketWatch' in bold white font framed by a red rectangle.

Thursday, August 29th saw the front-month NYMEX Natural Gas Futures Contract open at $2.056, four cents below Wednesday’s closing price of $2.097. Receding to mark an intraday low of $2.026 […]

What Does Energy Deregulation Mean for Businesses in the Northeast?

By Emily Beckett | August 29, 2024 | Comments Off on What Does Energy Deregulation Mean for Businesses in the Northeast?
Nighttime city skyline with illuminated skyscrapers in the background. Overlaid red-bordered box contains white text reading: “WHAT DOES ENERGY DEREGULATION MEAN FOR BUSINESSES IN THE NORTHEAST? Stay Informed with Sprague.”

What is Energy Delivery Service? Whether your business relies on electricity, natural gas, or both, you obtain these services from your local utility company. Utilities are responsible for delivering electricity […]

Concerns Over Chinese Demand and Increased Risks of a Broader Economic Slowdown

By Emily Beckett | August 29, 2024 | Comments Off on Concerns Over Chinese Demand and Increased Risks of a Broader Economic Slowdown
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 crude market continued to trend lower as demand concerns outweighed geopolitical tensions. The market traded lower due to continuing concerns over Chinese demand and increased risks of a […]

October NYMEX Natural Gas Futures Contract Closed at $2.097 on Wednesday, August 28th

By Emily Beckett | August 29, 2024 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.097 on Wednesday, August 28th
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, August 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.890, a penny below Tuesday’s closing price of $1.904. Marking a four-month intraday low of $1.856 within […]

A Potential Shutdown of Most of Libya’s Oil Fields

By Emily Beckett | August 28, 2024 | Comments Off on A Potential Shutdown of Most of Libya’s Oil Fields
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 posted an inside trading day on a price correction after rallying over the previous three sessions on supply concerns amid fears of widening Middle East conflict […]