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August NYMEX Natural Gas Futures Contract Closed at $2.117 on Wednesday, July 24th

Par Emily Beckett | juillet 25, 2024 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.117 on Wednesday, July 24th

Wednesday, July 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.124, six cents below Tuesday’s closing price of $2.187. Subdued by steady production and storage levels holding […]

Partnerships that Fuel Possibilities

Par spragueoperati | juillet 24, 2024 | Commentaires fermés sur Partnerships that Fuel Possibilities

Cole & Cole Trucking, a family-owned business based in Duquesne, PA, has trusted Sprague for over two years as its dedicated fuel provider. Before partnering with Sprague, Cole & Cole […]

Expectations of a Ceasefire in Gaza Seemed to Outweigh the News of a Potential September Interest Rate Cut

Par Emily Beckett | juillet 24, 2024 | Commentaires fermés sur Expectations of a Ceasefire in Gaza Seemed to Outweigh the News of a Potential September Interest Rate Cut

Recap:  The oil market continued to trend lower as expectations of a ceasefire in Gaza seemed to outweigh the news of a potential September interest rate cut in the U.S. […]

August NYMEX Natural Gas Futures Contract Closed at $2.187 on Tuesday, July 23rd

Par Emily Beckett | juillet 24, 2024 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.187 on Tuesday, July 23rd

Tuesday, July 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.204, five cents below Monday’s closing price of $2.251. Recording the intraday high of $2.228 at 9:35AM, […]

Signs the U.S. May Begin to Cut Interest Rates as Soon as September

Par Emily Beckett | juillet 23, 2024 | Commentaires fermés sur Signs the U.S. May Begin to Cut Interest Rates as Soon as September

Recap:  The oil market on Monday traded lower ahead of the August contract’s expiration at the close. The market traded to a high of $80.69 in overnight trading as the […]

August NYMEX Natural Gas Futures Contract Closed at $2.251 on Monday, July 22nd

Par Emily Beckett | juillet 23, 2024 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.251 on Monday, July 22nd

Monday, July 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.233, more than ten cents above Friday’s closing price of $2.128. Marking the intraday low of $2.197 […]

Regulatory Matters – Second Quarter 2024

Par Emily Beckett | juillet 22, 2024 | Commentaires fermés sur Regulatory Matters – Second Quarter 2024

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 […]

The U.S. Dollar Index Rose Following Stronger Than Expected Data on the U.S. Labor Market

Par Emily Beckett | juillet 22, 2024 | Commentaires fermés sur The U.S. Dollar Index Rose Following Stronger Than Expected Data on the U.S. Labor Market

Recap:  The oil market on Friday sold off more than 3% on renewed hopes of a ceasefire in Gaza. The market was also pressured by a strong dollar and concerns […]

August NYMEX Natural Gas Futures Contract Closed at $2.128 on Friday, July 19th

Par Emily Beckett | juillet 22, 2024 | Commentaires fermés sur August NYMEX Natural Gas Futures Contract Closed at $2.128 on Friday, July 19th

Friday, July 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.076, five cents below Thursday’s closing price of $2.125. Recording the intraday high of $2.064 within minutes […]

API & EIA Reports Show Larger Than Expected Draws in Crude Stocks

Par spragueoperati | juillet 19, 2024 | Commentaires fermés sur API & EIA Reports Show Larger Than Expected Draws in Crude Stocks

Recap:  The oil market continued to trade within its recent trading range as it weighed the supportive API and EIA reports showing larger than expected draws in crude stocks against […]