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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.

Framework Agreed to Avoid 100% U.S. Tariffs on Chinese Goods

By Emily Beckett | October 28, 2025 | Comments Off on Framework Agreed to Avoid 100% U.S. Tariffs on Chinese Goods

Recap:  The oil market traded lower on Monday amid some skepticism that U.S.-China trade deal framework would increase demand for oil and expectations that OPEC+ will make another increase of […]

November NYMEX Natural Gas Futures Contract Closed at $3.304 on Monday, October 27th.

By Abby McVeigh | October 28, 2025 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $3.304 on Monday, October 27th.

Monday, October 27th saw the front-month NYMEX Natural Gas contract open at $3.324, $0.020 above Friday’s closing price of $3.304. Marking the intraday low of $3.313 within minutes of the […]

U.S. Sanctions Imposed Against Russia’s Largest Oil Producers

By Emily Beckett | October 27, 2025 | Comments Off on U.S. Sanctions Imposed Against Russia’s Largest Oil Producers

Recap:  The oil market on Friday continued on its upward trend adding to gains seen over the past few trading sessions following the announcement of U.S. sanctions imposed against Russia’s […]

November NYMEX Natural Gas Futures Contract Closed at $3.304 on Friday, October 24th.

By Abby McVeigh | October 27, 2025 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $3.304 on Friday, October 24th.

Friday, October 24th saw the front-month NYMEX Natural Gas contract open at $3.325, $0.019 below Thursday’s closing price of $3.344. Tallying the intraday high of $3.351 at 9:15AM, the contract […]

November NYMEX Natural Gas Futures Contract Closed at $3.344 on Thursday, October 23rd.

By Abby McVeigh | October 24, 2025 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $3.344 on Thursday, October 23rd.

Thursday, October 23rd saw the front-month NYMEX Natural Gas contract open at $3.400, $0.050 below Wednesday’s closing price of $3.450. Trading along the $3.395 level leading up to the weekly […]

New Sanctions on Russia’s Two Largest Oil Companies

By Emily Beckett | October 24, 2025 | Comments Off on New Sanctions on Russia’s Two Largest Oil Companies

Recap:  The oil market on Thursday added to its sharp gains posted on Wednesday after U.S. President Donald Trump introduced new sanctions on Russia’s two largest oil companies, Rosneft and […]

November NYMEX Natural Gas Futures Contract Closed at $3.450 on Wednesday, October 22nd.

By Abby McVeigh | October 23, 2025 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $3.450 on Wednesday, October 22nd.

Wednesday, October 22nd saw the front-month NYMEX Natural Gas contract open at $3.522, $0.048 above Tuesday’s closing price of $3.474. Achieving the intraday high of $3.553 early on as overnight […]

India May Gradually Reduce Russian Oil Purchases as Part of Trade Deal

By Emily Beckett | October 23, 2025 | Comments Off on India May Gradually Reduce Russian Oil Purchases as Part of Trade Deal

Recap:  The oil market on Wednesday traded higher on the news that India could gradually reduce its purchases of Russian oil as part of a trade deal with the United […]

Easing Concerns About an Oversupplied Market and Slowed Economic Growth

By Emily Beckett | October 22, 2025 | Comments Off on Easing Concerns About an Oversupplied Market and Slowed Economic Growth

Recap:  The oil market retraced some of its previous losses and ended the session higher, with the November WTI contract going off the board at the close. The market traded […]

November NYMEX Natural Gas Futures Contract Closed at $3.474 on Tuesday, October 21st.

By Abby McVeigh | October 22, 2025 | Comments Off on November NYMEX Natural Gas Futures Contract Closed at $3.474 on Tuesday, October 21st.

Tuesday, October 21st saw the front-month NYMEX Natural Gas contract open at $3.426, $0.029 above Monday’s closing price of 3.397. Marking an intraday low of $3.357 at 9:05AM and an […]