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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
Heating Oil
Gasoline
Crude
Oil prices wavered between gains and losses on Tuesday
July 10, 2019
Recap: Oil prices wavered between gains and losses on Tuesday, as the market weighed concerns over global economic growth against declining production and geopolitical tensions. Worries about the escalating tensions between the US and Iran provided some support to the market. T ...
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Natural Gas
Electricity
Company News
Regulatory News
Regulatory Matters - Second Quarter 2019
July 10, 2019
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 ...
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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contract Closed at $2.403 on Monday, July 8th
July 9, 2019
Monday, July 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.421, slightly above Friday’s closing price of $2.418. Jumping to a new five-week intraday high of $2.432 by 9:10AM, prices then swung lower as the short covering rally subsided. Finding support n ...
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Market Insights
Heating Oil
Gasoline
Crude
The crude market traded higher on Monday amid the escalating tensions surrounding Iran’s nuclear program
July 9, 2019
Recap: The crude market, which continued to trade within its recent trading range, traded higher on Monday amid the escalating tensions surrounding Iran’s nuclear program. Over the weekend, Iran said it would increase its uranium enrichment above the limit set by the 2015 nuclear ...
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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contract Closed at $2.418 on Friday, July 5th
July 8, 2019
Friday, July 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.343, five cents above Wednesday’s closing price of $2.290. Ascending from the intraday low as markets opened, the contract surged higher into the morning to tally a five-week intraday high of $2.4 ...
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Market Insights
Heating Oil
Gasoline
Crude
API report provided support to market with larger than expected draw in crude stocks
July 5, 2019
Recap: The crude market traded mostly sideways in overnight trading before it breached its previous low and posted a low of $56.04. The market bounced off that level and rallied to a high of $57.12. Tuesday night’s API report provided some support to the market, with the report ...
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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contract Closed at $2.290 on Wednesday, July 3rd
July 5, 2019
Wednesday, July 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.269, three cents above Tuesday’s closing price of $2.240. In a relatively quiet session as the July 4th holiday loomed near, prices largely fluctuated within a penny of $2.270 through midday. ...
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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contract Closed at $2.240 on Tuesday, July 2nd
July 3, 2019
Tuesday, July 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.275, slightly above Monday’s closing price of $2.267. Marking an intraday high of $2.281 within minutes of the opening bell, the contract was quick to resume Monday’s bearish trend. Lacking fund ...
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Market Insights
Heating Oil
Gasoline
Crude
OPEC and non-OPEC agreed to extend their output cuts until March 2020
July 3, 2019
Recap: The oil market on Tuesday fell sharply lower as concerns about the global economy outweighed the OPEC and non-OPEC agreement to extend their output cuts until March 2020. Growth concerns have recently been stoked by the recent weak manufacturing data. Also, a tweet by US ...
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Market Insights
Natural Gas
Basis
NYMEX
August NYMEX Natural Gas Futures Contract Closed at $2.267 on Monday, July 1st
July 2, 2019
Monday, July 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.259, five cents below Friday’s closing price of $2.308. Faltering from last week’s highs as reality fell short of bullish forecasts, the contract tapered lower throughout the morning to tally an i ...
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