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

Builds in U.S. Crude Stocks Offset its Gains From a Potential Extension to the OPEC+ Output Cuts

February 29, 2024
Recap:  The oil market ended the session mostly sideways after posting the day’s trading range by mid-morning as larger than expected builds in U.S. crude stocks offset its gains from a potential extension to the OPEC+ output cuts. The crude market posted a low of $77.78 in overn ... Read More
Download

April NYMEX Natural Gas Futures Contract Closed at $1.808 on Tuesday, February 27th

February 28, 2024
Tuesday, February 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.680, two cents above Monday’s closing price of $1.659.  Trading within a wide range throughout the day, March settled lower on Tuesday at $1.615. The more actively traded April contract op ... Read More

The Market Focused on Uncertainty Over a Potential Gaza Ceasefire and Expectations That OPEC+ Will Extend Voluntary Supply Cuts

February 28, 2024
Recap:  The crude market on Tuesday traded higher as the market focused on uncertainty over a potential Gaza ceasefire and expectations that OPEC+ will extend voluntary supply cuts in March. Israel, Hamas and Qatari mediators remained cautious about the progress towards a truce i ... Read More
Download

March NYMEX Natural Gas Futures Contract Closed at $1.659 on Monday, February 26th

February 27, 2024
Monday, February 26th saw the front-month NYMEX Natural Gas Futures Contract open at $1.709, ten cents above Friday’s closing price of $1.603. Supported by last week’s news of a drop in production and uncertainty surrounding the front-month’s impending settlement, the contract pe ... Read More

The Oil Market on Monday Rallied Higher as Houthi Rebel Attacks Increased Concerns of Disruptions to Supply

February 27, 2024
Recap:  The oil market on Monday rallied higher as Houthi rebel attacks increased concerns of disruptions to supply. The U.S. Central Command said Houthi rebels in Yemen narrowly missed hitting a U.S.-flagged tanker on Saturday. The Houthi fired a missile that likely targeted the ... Read More
Download

March NYMEX Natural Gas Futures Contract Closed at $1.603 on Friday, February 23rd

February 26, 2024
Friday, February 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.621, eleven cents below Thursday’s closing price of $1.732. Posting a modest bump to achieve the intraday high of $1.644 ahead of 9:05AM, the contract then continued its overnight decline as w ... Read More

Oil Market Falls as Fed's Rate Cut Delay and Geopolitical Tensions Fuel Uncertainty

February 26, 2024
Recap: On Friday, the oil market erased Thursday’s gains and posted a weekly decline of 2.51% after Federal Reserve officials continued to push back against a near-term start to interest rate cuts. On Thursday evening, Fed Governor Christopher Waller said U.S. Federal Reserve pol ... Read More
Download

March NYMEX Natural Gas Futures Contract Closed at $1.732 on Thursday, February 22nd

February 23, 2024
Thursday, February 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.698, nearly eight cents below Wednesday’s closing price of $1.773. Ascending to $1.732 by 9:35AM, prices withdrew to trade near $1.710 ahead of the weekly storage publication. Sinking to rec ... Read More

The Market Continued to Trend Higher on News of a Missile Attack on a Cargo Ship

February 23, 2024
Recap:  The oil market rallied higher on Thursday on continued tensions in the Middle East. In overnight trading, the market continued to trend higher on news of a missile attack on a cargo ship off the southern coast of Yemen that prompted U.S.-led naval forces to respond. The m ... Read More
Download

March NYMEX Natural Gas Futures Contract Closed at $1.773 on Wednesday, February 21st

February 22, 2024
Wednesday, February 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.770, nineteen cents above Tuesday’s closing price of $1.576. A major natural gas producer announced a planned reduction in active rigs in the coming year, sparking a rally that would peak m ... Read More
Displaying results 81-90 (of 3050)
 |<  <  5 - 6 - 7 - 8 - 9 - 10 - 11 - 12 - 13 - 14  >  >|