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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 EIA Reported a Larger Than Expected Build in Crude Stocks

By Emily Beckett | August 15, 2024 | Comments Off on The EIA Reported a Larger Than Expected Build in Crude Stocks
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 give up its previous gains after the EIA reported a larger than expected build in crude stocks. The oil market posted a high of […]

September NYMEX Natural Gas Futures Contract Closed at $2.219 on Tuesday, August 13th

By Emily Beckett | August 15, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.219 on Tuesday, August 13th
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.

Wednesday, August 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.201, five cents above Tuesday’s closing price of $2.148. Trending higher early on, a historically light storage […]

Wever Petroleum Inc. Embraces a Sustainable Future with Sprague Energy’s Renewable Diesel

By Emily Beckett | August 14, 2024 | Comments Off on Wever Petroleum Inc. Embraces a Sustainable Future with Sprague Energy’s Renewable Diesel
Promotional banner featuring the case study headline “Embracing a Sustainable Future with Sprague Energy’s Renewable Diesel – Wever Petroleum Inc.” Overlaid on a background image of a silver and green Wever Petroleum fuel delivery truck showcasing the tagline “Fueling the Future” and marked with “Sustainably Powered by Renewable Diesel” branding.

Wever Petroleum Inc., a trusted name for over 80 years, has taken a significant step towards sustainability by incorporating renewable diesel into its operations. This family-owned business is a full-service […]

The IEA Kept its 2024 and 2025 Demand Growth Forecasts Below 1 Million Bpd

By Emily Beckett | August 14, 2024 | Comments Off on The IEA Kept its 2024 and 2025 Demand Growth Forecasts Below 1 Million Bpd
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 posted an inside trading day as it gave up some of Monday’s sharp gains on concerns over demand. The IEA kept its 2024 and 2025 demand […]

September NYMEX Natural Gas Futures Contract Closed at $2.148 on Tuesday, August 13th

By Emily Beckett | August 14, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.148 on Tuesday, August 13th
Digital stock market display board over a cityscape background with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Tuesday, August 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.214, nearly three cents above Monday’s closing price of $2.189. Ascending to record the intraday high of […]

U.S. Recession Fears Eased and Concerns Over Tensions in the Middle East Intensified

By Emily Beckett | August 13, 2024 | Comments Off on U.S. Recession Fears Eased and Concerns Over Tensions in the Middle East Intensified
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 continued to trend higher for a fifth consecutive session, extending gains seen in the previous week as U.S. recession fears eased and concerns over tensions in […]

September NYMEX Natural Gas Futures Contract Closed at $2.189 on Monday, August 12th

By Emily Beckett | August 13, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.189 on Monday, August 12th
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.

Monday, August 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.226, eight cents above Friday’s closing price of $2.143. Attempting to continue last week’s rally, the contract […]

Tightening Supplies Following the Sixth Weekly Drawdown in U.S. Crude Stocks

By Emily Beckett | August 12, 2024 | Comments Off on Tightening Supplies Following the Sixth Weekly Drawdown 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 oil market traded higher on Friday as it continued to retrace its previous losses seen earlier in the week. The market posted its first weekly gain in five […]

September NYMEX Natural Gas Futures Contract Closed at $2.143 on Friday, August 9th

By Emily Beckett | August 12, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.143 on Friday, August 9th
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.

Friday, August 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.182, nearly six cents above Thursday’s closing price of $2.127. Recording the intraday high of $2.187 within […]

What is the Difference Between Renewable Diesel and Biodiesel?

By Emily Beckett | August 9, 2024 | Comments Off on What is the Difference Between Renewable Diesel and Biodiesel?
Educational graphic with the headline “WHAT IS THE DIFFERENCE BETWEEN RENEWABLE DIESEL AND BIODIESEL?” accompanied by a call to action: “Stay Informed with Sprague.” The background blends two visuals—on the left, a close-up of a fuel nozzle with a green leaf icon representing eco-friendly fuel, and on the right, a fuel truck labeled “Sustainably Powered by Renewable Diesel.”

In the quest for sustainable energy solutions, renewable diesel and biodiesel have emerged as two prominent biofuels. While they are often confused due to their similar origins and goals, renewable […]