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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
November NYMEX Natural Gas Futures Contract Closed at $6.741 on Thursday, October 13th
October 14, 2022
Thursday, October 13th saw the November NYMEX Natural Gas Futures Contract open at $6.459, two cents above Wednesday’s closing price of $6.435. Trending lower to reach an intraday low of $6.3780 ahead of the weekly storage report, the contract then moved higher following the trip ...
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Market Insights
Heating Oil
Gasoline
Crude
A Stronger U.S. Dollar Outweighed Fears of Tight Supplies
October 13, 2022
Recap: Oil futures fell on Wednesday as a dismal economic outlook and a stronger U.S. dollar outweighed fears of tight supplies. OPEC, which together with allies including Russia last week sent prices rising by agreeing to cut supply by 2 million barrels per day (bpd), slashed i ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contract Closed at $6.435 on Wednesday, October 12th
October 13, 2022
Wednesday, October 12th saw the November NYMEX Natural Gas Futures Contract open at $6.735, fourteen cents above Tuesday’s closing price of $6.596. Marking the intraday high of $6.763 by 9:30AM, the contract then began a steady that would span the day. Bearish temperatures, anoth ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contract Closed at $6.596 on Tuesday, October 11th
October 12, 2022
Tuesday, October 11th saw the November NYMEX Natural Gas Futures Contract open at $6.495, six cents above Monday’s closing price of $6.435. Seeking direction throughout the day as prices wavered within a twenty-five-cent range, a brief ascent out of the gate then saw the contract ...
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Market Insights
Electricity
Heating Oil
Gasoline
Oil Prices Remained Under Pressure on Tuesday
October 12, 2022
Recap: Oil prices remained under pressure on Tuesday. While the recent production cuts from OPEC+ provided significant support to oil markets, traders remain worried that the slowdown of the world economy will lead to lower demand for oil. Recession talk moved to the forefront on ...
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Natural Gas
Electricity
Company News
Regulatory News
Regulatory Matters - Third Quarter 2022
October 12, 2022
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 ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contract Closed at $6.435 on Monday, October 10th
October 11, 2022
Monday, October 10th saw the November NYMEX Natural Gas Futures Contract open at $6.717, three cents below Friday’s closing price of $6.748. Reaching an intraday high of $6.901 ahead of 9:30AM, expectations for cooling demand were tempered over the weekend and another large injec ...
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Market Insights
Heating Oil
Gasoline
Crude
Oil Futures Slipped on Monday as Recession Fears Overshadowed Tight Supplies
October 11, 2022
Recap: Oil futures slipped on Monday as recession fears overshadowed tight supplies. Investors weighed the possibility of a global recession and its impact on demand for fuel, against potentially tighter supplies after OPEC+ agreed to cut 2 million barrels per day of production. ...
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Market Insights
Natural Gas
Basis
NYMEX
November NYMEX Natural Gas Futures Contract Closed at $6.748 on Friday, October 7th
October 10, 2022
Friday, October 7th saw the November NYMEX Natural Gas Futures Contract open at $6.808, twenty cents above Wednesday’s closing price of $6.972. Climbing to $6.918 by 9:45AM, prices fell soon thereafter to mark an intraday low of $6.688 at 10:30AM. Straddling $6.800 for the majori ...
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Market Insights
Heating Oil
Gasoline
Crude
Oil Futures Climbed for a Fifth Session in a Row on Friday
October 10, 2022
Recap: Oil futures climbed for a fifth session in a row on Friday, with prices for the front-month U.S. contract ending 16.5% higher for the week. Oil prices had been weighed down by fears of a weakening global economy, however, OPEC+'s decision to cut output by 2 million barrel ...
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