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Oil prices settled down as OPEC and non-OPEC members discuss increasing output

June 20, 2018
Recap:  Oil prices opened the session trading at unchanged to slightly higher; however, the inability to break above Monday’s high sparked light technical selling, which became exacerbated by trade tensions between China and the U.S. and the possibility that OPEC and non-OPEC mem ... Read More

Oil prices dropped as traders weigh in on tariffs on U.S. products by China

June 19, 2018
Recap:  Trading was volatile on Monday, with oil prices slipping early in the session. July WTI fell as much as 2.3%, to a session low of $63.59 a barrel, while August Brent tumbled 1.3%, to $72.44 a barrel. The drop in prices came as traders weighed in on the imposition of tarif ... Read More

Regulatory Matters - First Quarter 2018

April 26, 2018
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

Oil prices rose to their highest level in seven weeks but began to slip on Thursday

March 23, 2018
Recap: After rising to their highest level in seven weeks, oil prices, which had posted two straight days of gains, slipped on Thursday as traders took profits after attempts to breach technical resistance numbers failed. May WTI rose as much as 0.9%, to a high of $65.74 a barrel ... Read More

New England Energy Market Developments

March 12, 2018
It is hard to forget the start of 2018 as the Cold Snap that descended upon the region tied or set new record-low temperatures and record high-energy prices.  Some portions of the Northeast region had not experienced temperatures that low for that sustained period of time in roug ... Read More