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U.S. oil futures dropped by almost 25% on Monday

April 28, 2020
Recap: U.S. oil futures plunged by almost 25% on Monday on renewed concern over the dearth in storage facilities available to store the oversupply of crude. June WTI fell to its second lowest settlement on record. Market liquidity is proven to be a problem, with the United States ... Read More
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The EIA reported a 2.4 million barrel build in U.S. crude oil inventories

September 26, 2019
Recap: Oil prices fell on Wednesday after the EIA reported a 2.4 million barrel build in U.S. crude oil inventories. Analysts had expected a decline of 190,000 barrels. November WTI, which was already trading $1.74, or 3% lower on the day, slipped an additional 36 cents to hit a ... Read More
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Iranian President Hassan Rouhani said he was open to discuss small changes to the 2015 nuclear deal if the U.S. lifted sanctions on his country

September 25, 2019
Recap: Oil prices declined on Tuesday after U.S. consumer confidence fell to 125.1 in September and after Iranian President Hassan Rouhani said he was open to discuss small changes to the 2015 nuclear deal if the U.S. lifted sanctions on his country. Also contributing to the slip ... Read More
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WTI posted its largest daily percentage gain since July

September 5, 2019
Recap: Oil prices turned to the upside on Wednesday, dragged higher by a rise in global stocks after it was reported that China’s service sector expanded at its fastest pace in three months in August. Adding to the higher move were expectations that U.S. crude oil inventories fel ... Read More
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Regulatory Matters - Second Quarter 2019

July 10, 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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Regulatory Matters - First Quarter 2019

April 15, 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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New England Energy Market – Summer Update

July 17, 2018
What a difference six months makes.  In early January, we were braving the 2017-18 North American Cold Snap brought on by a “Bomb Cyclone” that delivered arctic temperatures not seen in this region for 100 years.  Fast forward six months to late June/early July, and New England w ... Read More

Regulatory Matters - Second Quarter 2018

July 13, 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
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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
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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
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