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Oil Market Recap: Factors Affecting Bearish Sentiment

By Emily Beckett | November 12, 2024 | 0 Comments

Recap: The oil market settled lower Monday as a confluence of factors kept the bears in control of this market. A surging dollar, coupled with poor near term heating demand, […]

December NYMEX Natural Gas Futures Contract Closed at $2.920 on Monday, November 11th

By Emily Beckett | November 12, 2024 | 0 Comments

Monday, November 11th saw the front month NYMEX Natural Gas Futures Contract open at $2.867, up $0.198 compared to Friday’s closing price of $2.669. Recording the intraday low as markets […]

Sprague Energy and the Massachusetts Restaurant Association: A Partnership for Success

By Emily Beckett | November 11, 2024 | 0 Comments

For over a decade, Sprague Energy and the Massachusetts Restaurant Association (MRA) have enjoyed a strategic partnership, offering exclusive energy management benefits to MRA members. The MRA serves its over […]

Traders Seemed to Hold a Negative Market Outlook

By Emily Beckett | November 11, 2024 | 0 Comments

Recap: The oil market settled lower for only the second time this week, as traders seemed to hold a negative market outlook following the diminishing threat to production by Hurricane […]

Federal Reserve’s Interest Rate Decision

By Emily Beckett | November 8, 2024 | 0 Comments

Recap: The oil market ended the session higher after it was well supported early in the afternoon ahead of the Federal Reserve’s interest rate decision. Early in Thursday’s session, the […]

The Largest One-Day Increase of the U.S. Dollar Since March 2020

By Emily Beckett | November 7, 2024 | 0 Comments

Recap: The oil market traded lower on Wednesday as the U.S. dollar rallied following Donald Trump’s re-election as president. Traders expect a Trump presidency to support the dollar as interest […]

December NYMEX Natural Gas Futures Contract Closed at $2.747 on Wednesday, November 6th

By Emily Beckett | November 7, 2024 | 0 Comments

Wednesday, November 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.694, up $0.024 compared to Tuesday’s closing price of $2.670. Marking the intraday low of $2.682 within […]

The Oil Market Traded Higher Ahead of the U.S. Presidential Election

By Emily Beckett | November 6, 2024 | 0 Comments

Recap:  The oil market continued to trade higher on Tuesday on a weaker U.S. dollar ahead of what was expected to be a close U.S. presidential election. The market continued […]

December NYMEX Natural Gas Futures Contract Closed at $2.670 on Tuesday, November 5th

By Emily Beckett | November 6, 2024 | 0 Comments

Tuesday, November 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.767, down $0.014 compared to Monday’s closing price of $2.781. Achieving and intraday high of $2.817 at […]

OPEC+ Decision to Delay Increase in Oil Output By a Month

By Emily Beckett | November 5, 2024 | 0 Comments

Recap: The oil market on Monday continued to trend higher following an OPEC+ decision to delay plans to increase oil output by a month, while the market also positioned itself […]