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February NYMEX Natural Gas Futures Contracts Closed at $3.384 on Wednesday, January 16th

January 17, 2019
Wednesday, January 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.652, fifteen cents above Tuesday’s closing price of $3.501.  Extending to a three week intraday high of $3.696 out of the gate, the contract floated around the $3.66 level until 11:00AM whe ... Read More

February NYMEX Natural Gas Futures Contracts Closed at $3.501 on Tuesday, January 15th

January 16, 2019
Tuesday, January 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.607, nearly two cents above Monday’s closing price of $3.591.  Tallying the intraday high of $3.611 as markets opened, the contract stepped lower through the morning after surging higher on M ... Read More

Oil prices rose by as much as 3 percent on Tuesday

January 16, 2019
Recap: Oil prices rose by as much as 3 percent on Tuesday after falling more than 2 percent on Monday. The rise in prices came as China presented measures to stabilize its slowing economy. Since the beginning of the New Year, oil prices have been rising as economic woes begin to ... Read More
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February NYMEX Natural Gas Futures Contracts Closed at $3.591 on Monday, January 14th

January 15, 2019
Monday, January 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.410, thirty-one cents above Friday’s closing price of $3.099.  Following a brief drop to the intraday low of $3.338 at 9:10AM, prices surged higher to surpass $3.500 an hour later.  Supported ... Read More

OPEC reassured that global demand is strong and its production cuts were beginning to balance oil markets

January 15, 2019
Recap: Oil prices fell on Monday as China reported declines in both imports and exports during the month of December, fueling concern about slowing demand. Prices fell despite OPEC reassuring that global demand is strong and its production cuts were beginning to balance oil marke ... Read More
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February NYMEX Natural Gas Futures Contracts Closed at $3.099 on Friday, January 11th

January 14, 2019
Friday, January 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.023, roughly five cents above Thursday’s closing price of $2.969.  Recording an intraday low of $3.014 soon after markets opened, the contract floated along the $3.035 level through midday.  P ... Read More

The price of oil is being affected by the OPEC lead output cuts, trade wars between the U.S. and China and the health of China’s economy

January 14, 2019
Recap: Oil prices finished lower on Friday, ending the longest streak of gains for WTI in 9 years and the longest streak of gains in 10 years for Brent. Global economic woes weighed on the market amidst non-committal trade talks between the U.S. and China. Prices climbed out of a ... Read More
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Coen Energy now part of Sprague's website!

January 11, 2019
We've made another step in bringing Coen Energy (Coen)into the Sprague family.  Coen offerings are now included on spragueenergy.com, meaning our customers can access all of Sprague's services in one place! Most significantly, coenenergy.com now redirects to a welcome pag ... Read More

February NYMEX Natural Gas Futures Contracts Closed at $2.969 on Thursday, January 10th

January 11, 2019
Thursday, January 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.080, nearly ten cents above Wednesday’s closing price of $2.984.  Marking the intraday high of $3.082 as markets opened, prices soon moved lower, finding support near $3.030 by 9:30AM.  Trad ... Read More

Traders grew less confident that the U.S. and China would strike a compromise during trade talks

January 11, 2019
Recap: Oil prices traded on both sides of unchanged Thursday, as traders grew less confident that the U.S. and China would strike a compromise during trade talks and as weak Chinese economic data left investors leery. Prices drifted lower in overnight trading, but by daybreak, th ... Read More
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