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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
Oil prices finished up as traders weigh in on possibility of an OPEC output cut back
November 15, 2018
Recap: Oil prices recovered on Wednesday, stemming the longest losing streak on record. After opening the session below unchanged, prices broke to the upside in early morning trading as traders weighed in on the possibility OPEC and allied producers would agree to cut back on out ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $4.101 on Tuesday, November 13th
November 14, 2018
Tuesday, November 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.961, roughly seventeen cents above Monday’s closing price of $3.788. Slipping to the intraday low of $3.921 shortly after the opening bell, the contract soon shot higher to reach above the ...
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Market Insights
Heating Oil
Gasoline
Crude
Oil markets continued downward spiral for 12th consecutive trading session
November 14, 2018
Recap: The oil markets continued to be in an unrelenting downward spiral for the 12th consecutive trading session Tuesday, as speculative traders continued flee this market. The U.S. oil markets saw two bursts of selling, the first came around 10 AM EST as the downward trend lin ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $3.788 on Monday, November 12th
November 13, 2018
Monday, November 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.833, roughly eleven cents above Friday’s closing price of $3.719. Spurred on by increasingly cold forecasts to cover key demand parts of the country over the next two weeks, prices tallied t ...
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Market Insights
Heating Oil
Gasoline
Crude
Rising production and softening U.S. sanctions against Iran pushed oil prices lower
November 13, 2018
Recap: U.S. President Donald Trump’s expression of disapproval over the possibility of production cuts combined with rising production and softening U.S. sanctions against Iran, slowed down what appeared to be the largest one-day gain in a month for oil prices. Oil prices, which ...
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Company News
Sustainability
Sprague Leads the Charge in NYC Renewable Diesel Supply
November 13, 2018
Nearly one million gallons of alternative diesel fuel consumed during trial period New York, N.Y. (November 13, 2018) – It’s no secret that the energy industry has gone through significant changes over the last 150 years, from wood and coal to natural gas and petroleum. To ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $3.719 on Friday, November 9th
November 12, 2018
Friday, November 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.663, twelve cents above Thursday’s closing price of $3.543. Despite the week’s bearish storage injection, prices surged higher Friday morning as cold weather continues to drive substantial ga ...
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Market Insights
Heating Oil
Gasoline
Materials Handling
Oil prices marked tenth consecutive session of losses
November 12, 2018
Recap: U.S. oil prices fell to fresh multi-month lows on Friday, marking the tenth consecutive session of losses. Increasing global supplies continue to spread fear that fuel demand will suffer, as trade wars between China and the U.S. continue to raise concern over a weakening g ...
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Market Insights
Natural Gas
Basis
NYMEX
December NYMEX Natural Gas Futures Contracts Closed at $3.543 on Thursday, November 9th
November 9, 2018
Thursday, November 8th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.544, one cent below Wednesday’s closing price of $3.555. Ascending to the $3.56 level at 9:30AM, prices returned to the day’s opening mark an hour later as the storage report loomed. Sinki ...
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Market Insights
Heating Oil
Gasoline
Crude
Oil prices fell for the ninth consecutive session on Thursday
November 9, 2018
Recap: U.S. oil prices fell for the ninth consecutive session on Thursday, with WTI reaching a five month low and Brent falling to its lowest level in three months, as geopolitical concerns, deteriorating demand and rising output continue to overshadow U.S. imposed sanctions on I ...
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