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Stay current on the latest announcements and news from Sprague - including press releases, product spec sheets, and case studies.
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at #
June 28, 2021
Friday, June 25th saw the front-month NYMEX Natural Gas Futures Contract open at $3.439, two cents above Thursday’s closing price of $3.418. Marking an intraday low of $3.429 shortly after 9:00AM, the contract continued its rally to mark a fresh two and a half year intraday high ...
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Market Insights
Heating Oil
Gasoline
Crude
Oil futures rose for the fifth consecutive week
June 28, 2021
Recap: Oil futures rose on Friday, gaining for the fifth consecutive week on expectations demand growth will outpace supply. The infrastructure deal struck by a bipartisan group of senators and President Joe Biden on Thursday, which include a proposed $6 billion sale from the U.S ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $3.418 on Thursday, June 24th
June 25, 2021
Thursday, June 24th saw the front-month NYMEX Natural Gas Futures Contract open at $3.325, a penny below Wednesday’s closing price of $3.333. Rising modestly ahead of the weekly storage publication, prices surged higher as the bullish report hit the wire. Following a brief lull ...
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Market Insights
Heating Oil
Gasoline
Crude
The EIA reported a 7.6 million barrel draw in U.S. crude oil inventories
June 25, 2021
Recap: Oil futures ended higher on Thursday, extending the previous day’s gains made after the EIA reported a 7.6 million barrel draw in U.S. crude oil inventories. The larger than expected drop is being seen as an indication that demand is continuing to improve from pandemic low ...
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Company News
Sustainability
How a 150-year-old energy company in New Hampshire is helping businesses invest in a more sustainable future
June 24, 2021
As interest in the use of more sustainable energy grows, one local company is positioned well to help other local businesses reduce their carbon footprint. With early roots tied to coal, Sprague, an energy company based in Portsmouth, N.H., has been helping customers evolve th ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $3.333 on Wednesday, June 23rd
June 24, 2021
Wednesday, June 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.339, eight cents above Tuesday’s closing price of $3.258. Heightened cooling demand and strong LNG exports provided support as the overnight rally extended pass the opening bell to achieve two ...
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Market Insights
Heating Oil
Gasoline
Crude
Oil futures rose for the fourth straight session
June 24, 2021
Recap: Oil futures rose for the fourth straight session, with Brent tackling the $76 a barrel level for the first time since late 2018, after government data showed U.S. crude oil inventories falling 7.6 million barrels (excluding SPR oil). WTI topped $74 a barrel, for the first ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $3.258 on Tuesday, June 22nd
June 23, 2021
Tuesday, June 22th saw the front-month NYMEX Natural Gas Futures Contract open at $3.268, nearly eight cents above Monday’s closing price of $3.191. Marking an intraday high of $3.272 within minutes of the opening bell, prices then slipped to an intraday low of $3.238 at 9:15AM. ...
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Market Insights
Heating Oil
Gasoline
Crude
Oil prices rose early in the session
June 23, 2021
Recap: Oil prices rose early in the session, with Brent futures trading at $75 a barrel for the first time since August of 2019, while WTI drew closer to the $74 mark. Prices were boosted by signs of tightening supplies, amid expectations for a global demand recovery. Both benchm ...
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Market Insights
Natural Gas
Basis
NYMEX
July NYMEX Natural Gas Futures Contract Closed at $3.191 on Monday, June 21st
June 22, 2021
Monday, June 21st saw the front-month NYMEX Natural Gas Futures Contract open at $3.174, four cents below Friday’s closing price of $3.215. Slipping to a ten-day intraday low of $3.137 by 9:30AM, the contract mounted a slow recovery to trade near opening levels ahead of midday. ...
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