COVID-19 Response
Stay current on the latest announcements and news from Sprague - including press releases, product spec sheets, and case studies. Download PDF Reader.

Traders Remained Concerned About the Economy as the Fed Raised Interest Rates

May 4, 2023
Recap:  On Wednesday, the oil market extended its sharp losses seen on Tuesday, as traders remained concerned about the economy as the Fed raised interest rates. In overnight trading, the crude market traded sideways and posted a high of $71.79. However, the market began its sell ... Read More
Download

June NYMEX Natural Gas Futures Contract Closed at $2.214 on Tuesday, May 2nd

May 3, 2023
Tuesday, May 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.257, six cents below Monday’s closing price of $2.318. Recording the intraday high of $2.262 within minutes of the open, the contract posted a gradual pull back throughout the day as weather foreca ... Read More

The Oil Market Sold Off Sharply on Tuesday on Concerns Over the Economy

May 3, 2023
Recap:  The oil market sold off sharply on Tuesday on concerns over the economy amid discussions on ways to avoid a debt default and ahead of the Fed’s expected U.S. rate hike on Wednesday. The oil complex and the stocks indexes fell as the cost of insuring against a U.S. debt de ... Read More
Download

June NYMEX Natural Gas Futures Contract Closed at $2.318 on Monday, May 1st

May 2, 2023
Monday, May 1st saw the front-month NYMEX Natural Gas Futures Contract open at $2.363, five cents below Friday’s closing price of $2.410. Recording the intraday high of $2.394 by 9:15AM, the contract began a gradual descent that would span the duration of the session as mild weat ... Read More

Traders Weighed the Impact of the Federal Reserve Potentially Raising Interest Rates

May 2, 2023
Recap:  The oil market posted an inside trading day on Monday as traders weighed the impact of the Federal Reserve potentially raising interest rates and weaker Chinese manufacturing data against the OPEC+ supply cuts taking effect this month. The market opened 12 cents lower and ... Read More
Download

June NYMEX Natural Gas Futures Contract Closed at $2.410 on Friday, April 28th

May 1, 2023
Friday, April 28th saw the front-month NYMEX Natural Gas Futures Contract open at $2.465, twenty-one cents above Thursday’s closing price of $2.355. Spiking to a six-week intraday high of $2.503 within minutes of the open, as reports came in of a force majeure even on the Columbi ... Read More

U.S. Economic Data and Uncertainty Over Further Interest Rate Increases Weighed on the Demand Outlook

May 1, 2023
Recap:  The oil market rallied higher on Friday and settled in positive territory, while it posted a weekly decline for a second consecutive week after U.S. economic data and uncertainty over further interest rate increases weighed on the demand outlook. The market retraced some ... Read More
Download

June NYMEX Natural Gas Futures Contract Closed at $2.355 on Thursday, April 27th

April 28, 2023
Thursday, April 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.297, a penny below Wednesday’s closing price of $2.305. Trading along either side of the $2.325 level in the session’s opening ninety minutes, prices dipped to an intraday low of $2.285 as the ... Read More

The Oil Market on Thursday Retraced Some of Wednesday's Sharp Losses and Remained Mostly Rangebound

April 28, 2023
Recap:  The oil market on Thursday retraced some of Wednesday’s sharp losses and remained mostly rangebound. The market steadied as Russia’s Deputy Prime Minister, Alexander Novak, described oil markets as balanced and said the OPEC+ group does not see the need for further oil ou ... Read More
Download

June NYMEX Natural Gas Futures Contract Closed at $2.305 on Wednesday, April 26th

April 27, 2023
Wednesday, April 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.215, nine cents below Tuesday’s closing price of $2.307. Retreating throughout the day, May settled lower on Wednesday at $2.117. The more actively traded June contract opened at $2.347, ni ... Read More
Displaying results 51-60 (of 2720)
 |<  <  2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11  >  >| 

Search

Tags