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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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China and US to sign first phase of trade deal agreed to this month
December 26, 2019
Fundamental News: US President, Donald Trump, said he and China’s President, Xi Jinping, will have a signing ceremony to sign the first phase of the US-China trade deal agreed to this month. China will lower tariffs on products ranging from frozen pork and avocado to some ty ...
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January NYMEX Natural Gas Futures Contract Closed at $2.214 on Monday, December 23rd
December 26, 2019
Tuesday, December 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.171, four cents below Monday’s closing price of $2.214. Falling to an intraday low of $2.162 by 10:20AM, forecasts for above average temperatures have erased any sense of urgency in the marke ...
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Natural Gas
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NYMEX
January NYMEX Natural Gas Futures Contract Closed at $2.214 on Monday, December 23rd
December 24, 2019
Monday, December 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.214, eleven cents below Friday’s closing price of $2.328. Gapping lower over the weekend, following Friday’s short-covering induced rally, forecasts have proven bearish in the short-term as t ...
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Oil prices edged higher on Monday
December 24, 2019
Recap: Oil prices edged higher on Monday, despite reports indicating that a recent pact to curb global output by OPEC and its allies may be eased and as Kuwait and Saudi Arabia appeared close to a resolution on a disputed territory, which could see fresh oil hit the market in com ...
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January NYMEX Natural Gas Futures Contract Closed at $2.328 on Friday, December 20th
December 23, 2019
Friday, December 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.319, nearly five cents above Thursday’s closing price of $2.273. Ascending to an intraday high of $2.336 by 9:20AM, prices then trended downward as the $2.30 level proved supportive. Marking ...
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The number of active U.S. rigs drilling for oil increased by 18 to 685
December 23, 2019
Recap: Oil prices headed lower on Friday, with declines accelerating after Baker Hughes report that the number of active U.S. rigs drilling for oil increased by 18 to 685, marking the second straight week the number increased. February WTI fell $1.16, or 1.8%, to trade at a sessi ...
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NYMEX
January NYMEX Natural Gas Futures Contract Closed at $2.273 on Thursday, December 19th
December 20, 2019
Thursday, December 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.252, three cents below Wednesday’s closing price of $2.286. Trading along either side of $2.250 through 10:30AM, prices surged to an intraday high of $2.302 ten minutes later as the bullish ...
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Oil futures logged their highest settlement since mid-September
December 20, 2019
Recap: Oil futures ended higher Thursday and logged their highest settlement since mid-September, with global benchmark prices stretching their gains to a sixth consecutive session. February WTI traded at a high of $61.40 a barrel before paring gains to settle at $61.22, up 29 ce ...
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NYMEX
January NYMEX Natural Gas Futures Contract Closed at $2.286 on Wednesday, December 18th
December 19, 2019
Wednesday, December 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.279, four cents below Tuesday’s closing price of $2.319. Skidding throughout the opening hour to mark the intraday low of $2.257, prices spent the balance of the morning climbing back to t ...
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The U.S. government data revealed a weekly decline in domestic crude supplies
December 19, 2019
Recap: Oil futures struggled to stretch their streak of gains to a 5th session in a row, with U.S. prices seesawing as U.S. government data revealed a weekly decline in domestic crude supplies that was smaller than the market expected. January WTI rose 24 cents, or 0.4%, to a ses ...
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