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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.

Concerns Over Oil Supply Disruptions in the U.S. and Russia

By Emily Beckett | February 20, 2025 | Comments Off on Concerns Over Oil Supply Disruptions in the U.S. and Russia

Recap: The oil market continued to trend higher on Wednesday as it remained well supported by concerns over oil supply disruptions in the U.S. and Russia, while the market awaits […]

The Market Weighed the Expectations of a Russia-Ukraine Peace Deal

By Emily Beckett | February 19, 2025 | Comments Off on The Market Weighed the Expectations of a Russia-Ukraine Peace Deal

Recap:  The oil market on Tuesday posted an outside trading day as the market weighed the expectations of a Russia-Ukraine peace deal and news of a Ukrainian drone strike on […]

March NYMEX Natural Gas Futures Contract Closed at $4.007 on Tuesday, February 18th

By Emily Beckett | February 19, 2025 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $4.007 on Tuesday, February 18th

Tuesday, February 18th saw the front-month NYMEX Natural Gas Futures Contract open at $3.689, down $0.036 compared to Friday’s closing price of $3.725. Recording the intraday low of $3.688 by […]

What Does Reliable Energy Mean For Your Hospitality Business?

By Emily Beckett | February 18, 2025 | Comments Off on What Does Reliable Energy Mean For Your Hospitality Business?

In the fast-paced world of hospitality, energy reliability is not just a convenience, it’s a necessity. From bustling restaurants to cozy hotels, the hospitality industry depends on a stable and […]

The Oil Market Traded Lower Ahead of the Long Weekend

By Emily Beckett | February 18, 2025 | Comments Off on The Oil Market Traded Lower Ahead of the Long Weekend

Recap:  The oil market on Friday traded lower and remained within its recent trading range ahead of the long Presidents’ Day holiday. The market traded lower on the possibility of […]

March NYMEX Natural Gas Futures Contract Closed at $3.725 on Friday, February 14th

By Emily Beckett | February 18, 2025 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $3.725 on Friday, February 14th

Friday, February 14th saw the front-month NYMEX Natural Gas Futures Contract open at $3.710, up $0.082 compared to Thursday’s closing price of $3.628. Recording the intraday low of $3.696 within […]

Talks on a Potential Peace Deal Continued to Pressure the Oil Market

By Emily Beckett | February 14, 2025 | Comments Off on Talks on a Potential Peace Deal Continued to Pressure the Oil Market

Recap:  The news regarding U.S. President Donald Trump and Russia’s President Vladimir Putin agreeing to hold further talks on a potential peace deal between Russia and Ukraine continued to pressure […]

March NYMEX Natural Gas Futures Contract Closed at $3.628 on Thursday, February 13th

By Emily Beckett | February 14, 2025 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $3.628 on Thursday, February 13th

Thursday, February 13th saw the front-month NYMEX Natural Gas Futures Contract open at $3.729, up $0.164 compared to Wednesday’s closing price of $3.565. Driven higher overnight by continued frigid forecasts, […]

The Crude Market Ended Three Days of Gains

By Emily Beckett | February 13, 2025 | Comments Off on The Crude Market Ended Three Days of Gains

Recap:  The crude market on Wednesday erased its previous gains, ending three days of gains following the weekly petroleum stocks reports showing larger than expected builds in crude inventories and […]

March NYMEX Natural Gas Futures Contract Closed at $3.565 on Wednesday, February 12th

By Emily Beckett | February 13, 2025 | Comments Off on March NYMEX Natural Gas Futures Contract Closed at $3.565 on Wednesday, February 12th

Wednesday, February 12th saw the front-month NYMEX Natural Gas Futures Contract open at $3.531, up $0.012 compared to Tuesday’s closing price of $3.519. With little change to weather models overnight, prices […]