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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 Market Remained Supported by Concerns Over Geopolitical Tension in the Middle East

By Emily Beckett | June 28, 2024 | Comments Off on The Market Remained Supported by Concerns Over Geopolitical Tension in the Middle East
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 traded higher on Thursday as the market remained supported by concerns over the geopolitical tension in the Middle East. However, its gains were limited by the […]

August NYMEX Natural Gas Futures Contract Closed at $2.685 on Thursday, June 27th

By Emily Beckett | June 28, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.685 on Thursday, June 27th
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, June 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.750, just above Wednesday’s closing price of $2.745. Pulling back ahead of the weekly storage report, prices […]

The EIA’s weekly petroleum stocks reports showing unexpected builds in both crude and gasoline stocks

By spragueoperati | June 27, 2024 | Comments Off on The EIA’s weekly petroleum stocks reports showing unexpected builds in both crude and gasoline stocks
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 settled slightly higher on Wednesday despite the EIA’s weekly petroleum stocks reports showing unexpected builds in both crude and gasoline stocks. The EIA reported a build […]

July NYMEX Natural Gas Futures Contract Closed at $2.628 on Wednesday, June 26th

By spragueoperati | June 27, 2024 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.628 on Wednesday, June 26th
Close-up of a blue flame on a natural gas stove burner with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Wednesday, June 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.685, seven cents below Tuesday’s closing price of $2.756. Trending lower as settlement drew near, July closed […]

The Oil Market on Tuesday Ended the Session Lower Ahead of the Release of the Weekly Petroleum Stocks Reports

By Emily Beckett | June 26, 2024 | Comments Off on The Oil Market on Tuesday Ended the Session Lower Ahead of the Release of the Weekly Petroleum Stocks Reports
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 on Tuesday ended the session lower ahead of the release of the weekly petroleum stocks reports later in the afternoon and on Wednesday morning. The market’s […]

July NYMEX Natural Gas Futures Contract Closed at $2.756 on Tuesday, June 25th

By Emily Beckett | June 26, 2024 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.756 on Tuesday, June 25th
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.

Tuesday, June 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.772, four cents below Monday’s closing price of $2.811. Arcing higher throughout the morning to tally the […]

The Market Remained Supported by Tensions in the Middle East and An Easing of the U.S. Dollar

By Emily Beckett | June 25, 2024 | Comments Off on The Market Remained Supported by Tensions in the Middle East and An Easing of the U.S. Dollar
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 traded higher on Monday as the market remained supported by tensions in the Middle East and an easing of the U.S. dollar, which had rallied to […]

July NYMEX Natural Gas Futures Contract Closed at $2.811 on Monday, June 24th

By Emily Beckett | June 25, 2024 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.811 on Monday, June 24th
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.

Monday, June 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.676, three cents below Friday’s closing price of $2.705. Recording the intraday low of $2.648 in the […]

U.S. Business Activity Increased to a 26 Month High in June Amid a Rebound in Employment

By Emily Beckett | June 24, 2024 | Comments Off on U.S. Business Activity Increased to a 26 Month High in June Amid a Rebound in Employment
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 retraced its earlier gains on Friday and ended the session lower for the first time in four days but still ended the week up $2.68 or […]

Mack Point Open House Recap

By spragueoperati | June 21, 2024 | Comments Off on Mack Point Open House Recap
A group of people wearing white hard hats gathers around a pickup truck while listening to a speaker in a safety vest at an industrial port site. A Sprague-branded canopy and shipping containers, including one labeled "EVERGREEN," are visible in the background.

Successful Event Showcases Sprague’s Vision for Maine’s Offshore Wind Future On June 11, Sprague Energy hosted an Open House, including three tours at our Mack Point Terminal in Searsport, Maine, […]