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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
The Market Was Weighing Concerns Over the Economy and the Concerns Over the Conflict Between Israel and Hamas Spreading in the Middle East
October 30, 2023
Recap: On Friday, the oil market traded mostly sideways before it rallied ahead of the weekend. Throughout the session, the market was weighing concerns over the economy and the concerns over the conflict between Israel and Hamas spreading in the Middle East. The oil market trad ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contract Closed at $3.214 on Thursday, October 26th
October 27, 2023
Thursday, October 26th saw the front-month NYMEX Natural Gas Futures Contract open at $3.036, three cents above Wednesday’s closing price of $3.010. Marking the intraday low of $3.008 within minutes of the open, the contract traded along either side of $3.025 leading up to the we ...
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Market Insights
Heating Oil
Gasoline
Crude
The Oil Market Traded Mostly Within Thursday's Trading Range as Concerns Over the Economy Weighed on Sentiment
October 27, 2023
Recap: The oil market traded mostly within Thursday's trading range as concerns over the economy weighed on sentiment. The market remained supported in overnight trading and breached Wednesday’s high of $85.56 as it posted a high of $85.59. However, the market erased its gains a ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contract Closed at $3.010 on Wednesday, October 25th
October 26, 2023
Wednesday, October 25th saw the front-month NYMEX Natural Gas Futures Contract open at $3.012, four cents above Tuesday’s closing price of $2.971. Spurred on by short-term heating demand covering key demand areas of the country, prices rose to the intraday high of $3.029 by 9:45A ...
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Market Insights
Heating Oil
Gasoline
Crude
The Crude Market Traded Higher on Wednesday as the Market Remained Concerned About the Israel-Hamas Conflict
October 26, 2023
Recap: The crude market traded higher on Wednesday as the market remained concerned about the Israel-Hamas conflict. The market traded sideways in overnight trading ahead of the release of the EIA’s weekly petroleum stock reports. However, the market breached its previous low an ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contract Closed at $2.971 on Tuesday, October 24th
October 25, 2023
Tuesday, October 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.964, four cents above Monday’s closing price of $2.926. Seeking direction through midday as the contract fluctuated along the $2.935 level, prices slipped to an intraday low of $2.907 at 12:15 ...
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Market Insights
Heating Oil
Gasoline
Crude
The market traded sideways in overnight trading, posting a high of $86.30 before it continued to erase its previous gains
October 25, 2023
Recap: The oil market on Tuesday continued to trend lower as diplomatic efforts in the Middle East continued to contain the conflict between Israel and Hamas. On Monday, Hamas freed two Israeli women, while the U.S. advised Israel to hold off on a ground assault in the Gaza Strip ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contract Closed at $2.926 on Monday, October 23rd
October 24, 2023
Monday, October 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.904, slightly above Friday’s closing price of $2.899. Falling to an intraday low of $2.893 at 9:30AM, prices rose modestly heading into midday to record the intraday high of $2.951 near 11:30AM ...
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Market Insights
Heating Oil
Gasoline
Crude
The Oil Market Traded Lower on Monday as it Continued to Erase Previous Gains in Light of the Diplomatic Efforts Over the Weekend to Prevent the Gaza Conflict From Spreading
October 24, 2023
Recap: The oil market traded lower on Monday as it continued to erase its previous gains in light of the diplomatic efforts over the weekend to prevent the Gaza conflict from spreading. The recent diplomatic developments helped ease tensions, bringing some hope of a de-escalatio ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contract Closed at $2.899 on Friday, October 20th
October 23, 2023
Friday, October 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.902, five cents below Thursday’s closing price of $2.957. In a relatively uneventful day of trading, prices dropped once again overnight with production healthy and weather forecasts unsupporti ...
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