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Stay current on the latest announcements and news from Sprague - including press releases, product spec sheets, and case studies. Download PDF Reader.

OPEC and its allies decided to maintain its current pace of supply increases

November 5, 2021
Recap: Oil futures plunged on Thursday after OPEC and its allies decided to maintain its current pace of supply increases despite U.S. President Joe Biden’s call for OPEC+ to increase output. This prompted speculation that the U.S. may tap into its strategic reserves and as a res ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $5.670 on Wednesday, November 3rd

November 4, 2021
Wednesday, November 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $5.511, three cents above Monday’s closing price of $5.542. Slipping to an intraday low of $5.488 early on, prices continued the previous days’ rally to $5.690 ahead of 10:00AM as short-term fo ... Read More

Major crude consumers intensified pressure on OPEC and its allies to boost supplies

November 4, 2021
Recap: Oil futures fell by the most in nearly two months as major crude consumers intensified pressure on OPEC and its allies to boost supplies and after U.S. crude oil inventories reached their highest level since August. U.S. President, Joe Biden has taken a strong stance on re ... Read More
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Regulatory Matters - Third Quarter 2021

November 4, 2021
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 construed as legal or business advice on any subject matter. You should not act or ... Read More
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Sprague expands footprint of solar tank panels, launches first in New York State

November 4, 2021
New York’s First Solar Tank Now Live Sprague expands footprint of solar tank panels, launches first in New York State. Portsmouth, New Hampshire – Sprague  Resources LP, a pioneer in the energy industry, continues its dedication to sustainability and meeting customers’ changi ... Read More

Sprague Resources LP Announces the Acquisition of Talley Petroleum Enterprises Inc.’s Wholesale Business

November 4, 2021
Sprague Resources LP Announces the Acquisition of Talley Petroleum Enterprises Inc.’s Wholesale Business Acquisition strengthens the company’s footprint in the Pennsylvania area Portsmouth, NH (October 1st, 2021) – Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $5.542 on Tuesday, November 2nd

November 3, 2021
Tuesday, November 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $5.424, twenty-four cents above Monday’s closing price of $5.186. Recording the intraday low of $5.352 within minutes of the open, prices consistently moved upward throughout the session despite ... Read More

Traders weighed the potential outcome of a meeting between OPEC and its allies later this week

November 3, 2021
Recap: Oil futures settled lower on Tuesday as traders weighed the potential outcome of a meeting between OPEC and its allies later this week and on expectations that U.S. crude oil inventories increased by 1.5 million barrel for the week ended Oct. 29. Oil prices initially tried ... Read More
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Both WTI and Brent traded higher on Monday

November 2, 2021
Recap: Both WTI and Brent traded higher on Monday on expectations of strong demand and a belief that OPEC and its allies will not release more oil than the global economy can handle. Meanwhile, China announced it released fuel reserves; however bullish traders appear unmoved by t ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $5.186 on Monday, November 1st

November 2, 2021
Monday, November 1st saw the front-month NYMEX Natural Gas Futures Contract open at $5.331, nearly ten cents below Friday’s closing price of $5.426. Jumping to an intraday high of $5.441 soon after the opening bell, prices trended decidedly lower as the latest forecasts failed to ... Read More
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