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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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February NYMEX Natural Gas Futures Contracts Closed at $2.984 on Wednesday, January 9th

January 10, 2019
Wednesday, January 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.963, nearly even to Tuesday’s closing price of $2.967.  Seesawing within a tight band near $2.960 through 11:00AM, prices then stepped cautiously upwards to tally the intraday high of $3.016 ... Read More

Oil prices increased for the 8th straight session

January 10, 2019
Recap: Continued optimism over trade talks between the U.S. and China, combined with a larger than expected fall in U.S. crude oil inventories and a drop of 630,000 in OPEC production for the month of December pushed oil prices higher for the 8th straight session. In its initial ... Read More
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February NYMEX Natural Gas Futures Contracts Closed at $2.967 on Tuesday, January 8th

January 9, 2019
Tuesday, January 8th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.999, nearly six cents above Monday’s closing price of $2.944.  The contract seesawed along either side of the $3.00 level throughout the day, while ultimately ending on the lower end of this r ... Read More

Oil prices were supported by hopes of positive trade talks between the U.S. and China

January 9, 2019
Recap: Oil prices continued to rise on Tuesday, supported by hopes of positive trade talks between the U.S. and China. February WTI increased 2.9 percent to $49.95 a barrel, the highest level for a spot contract since December 17. Brent for March delivery climbed 2.5 percent, hit ... Read More
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Regulatory Matters - Fourth Quarter 2018

January 9, 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 ... Read More
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February NYMEX Natural Gas Futures Contracts Closed at $2.944 on Monday, January 7th

January 8, 2019
Monday, January 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.958, nearly nine cents below Friday’s closing price of $3.044.  Experiencing volatility early on, prices fell to the intraday low of $2.923 at 9:10AM only to jump four cents in the following tw ... Read More
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