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

Oil prices fell for the second time in seven weeks

February 5, 2018
Recap:  Oil prices fell for the second time in seven weeks, pressured by strength in the, dollar following a stellar U.S. jobs report. Friday’s sell-off stymied the rally that began at the onset of the New Year, which was sparked by healthy global demand and OPEC’s adherence to o ... Read More
Download

March NYMEX Natural Gas Futures Contracts Closed at $2.856 on Thursday, February 1st

February 2, 2018
Thursday, February 1st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.907, nine cents below Wednesday’s closing price of $2.995.  Climbing initially to mark the intraday high of $2.924 ahead of 10:00AM, markets soon extended overnight losses as updated forecas ... Read More

The market appears to be rebalancing sooner than expected

February 2, 2018
Recap: Oil prices bounced on Thursday, having been propped up by several factors. Among these factors were signs that OPEC members are adhering to their agreed upon output cuts, Goldman Sachs raising its price forecast for Brent from $62 a barrel to $82.50 a barrel and strong pro ... Read More
Download

EIA reported that crude oil stockpiles rose 6.8 million barrels

February 1, 2018
Recap: The downside correction in oil prices continued on Wednesday, encouraged by the larger than expected increase in U.S. crude oil inventories. According to the EIA, crude oil stockpiles rose 6.8 million barrels, much greater than the 3.230 million barrel build reported by th ... Read More
Download

March NYMEX Natural Gas Futures Contracts Closed at $2.995 on Wednesday, January 31st

February 1, 2018
Wednesday, January 31st saw the front-month NYMEX Natural Gas Futures Contracts open at $3.062, thirteen cents below Tuesday’s closing price of $3.195.  Technical trading drove markets lower overnight as traders reached consensus that the contract was overbought.  Continuing its ... Read More

March NYMEX Natural Gas Futures Contracts Closed at $3.195 on Tuesday, January 30th

January 31, 2018
On Tuesday, January 30th – the March NYMEX Natural Gas Futures Contracts began trading as the prompt month.  Opening at $3.236, seven cents below Monday’s closing price of 3.167, prices stumbled to fluctuate along $3.255 through 11:00AM before falling to the intraday low of $3.18 ... Read More

Oil prices are beginning to show signs of weakening

January 31, 2018
Recap: After rising to 3-year highs, oil prices are beginning to show signs of weakening, as investors exit record length and U.S. production continues to strengthen. Prices may very likely be in a corrective phase, as it appears that price movement has gotten ahead of the true u ... Read More
Download

February NYMEX Natural Gas Futures Contracts Closed at $3.631 on Monday, January 29th

January 30, 2018
On Monday, January 29th – settlement day for the February Contract – the front-month NYMEX Natural Gas Futures Contracts opened at $3.379, thirteen cents below Friday’s closing price of $3.505.  As profit taking dominated the weekend, prices rose from the intraday low of $3.377 a ... Read More

The market remained weighed down by an increase in the number of rigs searching for oil in the US

January 30, 2018
Recap: The oil market traded higher on the opening and rallied to a high of $66.46 in overnight trading after the market breached its previous high.  However, the market erased its gains and sold off to a low of $64.98 by mid-day as the market remained weighed down by an increase ... Read More
Download

February NYMEX Natural Gas Futures Contracts Closed at $3.505 on Friday, January 26th

January 29, 2018
Friday, January 26th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.466, two cents above Thursday’s closing price of $3.447.  Stepping higher to reach above $3.540 ahead of 10:00AM, updated forecasts for early February had traders betting on increased demand t ... Read More
Displaying results 1611-1620 (of 1685)
 |<  <  158 - 159 - 160 - 161 - 162 - 163 - 164 - 165 - 166 - 167  >  >|