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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.

August NYMEX Natural Gas Futures Contract Closed at $2.117 on Wednesday, July 24th

By Emily Beckett | July 25, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.117 on Wednesday, July 24th
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.

Wednesday, July 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.124, six cents below Tuesday’s closing price of $2.187. Subdued by steady production and storage levels holding […]

Partnerships that Fuel Possibilities

By spragueoperati | July 24, 2024 | Comments Off on Partnerships that Fuel Possibilities
Dark blue promotional graphic featuring a black semi-truck and a white Sprague fuel tank in the background. Bold white text reads “Why Businesses Choose to Partner with Sprague” and highlights “Cole & Cole Trucking” as a featured customer story. A red rectangular border frames the centered text.

Cole & Cole Trucking, a family-owned business based in Duquesne, PA, has trusted Sprague for over two years as its dedicated fuel provider. Before partnering with Sprague, Cole & Cole […]

Expectations of a Ceasefire in Gaza Seemed to Outweigh the News of a Potential September Interest Rate Cut

By Emily Beckett | July 24, 2024 | Comments Off on Expectations of a Ceasefire in Gaza Seemed to Outweigh the News of a Potential September Interest Rate Cut

Recap:  The oil market continued to trend lower as expectations of a ceasefire in Gaza seemed to outweigh the news of a potential September interest rate cut in the U.S. […]

August NYMEX Natural Gas Futures Contract Closed at $2.187 on Tuesday, July 23rd

By Emily Beckett | July 24, 2024 | Comments Off on August NYMEX Natural Gas Futures Contract Closed at $2.187 on Tuesday, July 23rd
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.

Tuesday, July 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.204, five cents below Monday’s closing price of $2.251. Recording the intraday high of $2.228 at 9:35AM, […]

Signs the U.S. May Begin to Cut Interest Rates as Soon as September

By Emily Beckett | July 23, 2024 | Comments Off on Signs the U.S. May Begin to Cut Interest Rates as Soon as September
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 Monday traded lower ahead of the August contract’s expiration at the close. The market traded to a high of $80.69 in overnight trading as the […]

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
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, 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
Regulatory Matters text displayed in white font on a dynamic blue background with motion blur lines, framed by a red rectangle overlay.

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
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 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
Commercial kitchen scene with chefs preparing food, overlaid with the text 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

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
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 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 […]