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February NYMEX Natural Gas Futures Contract Closed at $3.067 on Wednesday, January 25th

By spragueoperati | January 26, 2023 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.067 on Wednesday, January 25th

Wednesday, January 25th saw the February NYMEX Natural Gas Futures Contract open at $3.090, nearly seventeen cents below Tuesday’s closing price of $3.258. Tallying a 18-month intraday low of $3.055 […]

The Crude Market Was Weighed Down Earlier in the Session by Tuesday Evening’s API Report

By spragueoperati | January 26, 2023 | Comments Off on The Crude Market Was Weighed Down Earlier in the Session by Tuesday Evening’s API Report

Recap:  The oil market traded higher on Wednesday following the release of the EIA weekly petroleum stock report, which showed a smaller than expected build in U.S. crude inventories of 533,000 […]

February NYMEX Natural Gas Futures Contract Closed at $3.258 on Tuesday, January 24th

By spragueoperati | January 25, 2023 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.258 on Tuesday, January 24th

Tuesday, January 24th saw the February NYMEX Natural Gas Futures Contract open at $3.435, a penny below Monday’s closing price of $3.447. Recording the intraday high of $3.459 within minutes […]

Regulatory Matters – Fourth Quarter 2022

By spragueoperati | January 25, 2023 | Comments Off on Regulatory Matters – Fourth Quarter 2022

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 […]

Traders Weighed Demand Expectations Following the Latest U.S. Economic Data

By spragueoperati | January 25, 2023 | Comments Off on Traders Weighed Demand Expectations Following the Latest U.S. Economic Data

Recap: The oil market traded lower on Tuesday as traders weighed demand expectations following the latest U.S. economic data. S&P Global reported that U.S. business activity contracted in January for […]

February NYMEX Natural Gas Futures Contract Closed at $3.447 on Monday, January 23rd

By spragueoperati | January 24, 2023 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.447 on Monday, January 23rd

Monday, January 23rd saw the February NYMEX Natural Gas Futures Contract open at $3.519, nearly thirty-five cents above Friday’s closing price of $3.174. Recording the intraday high of $3.540 within […]

The Oil Market Extended Last Week’s Gains as the Market Remained Supported by Optimism

By spragueoperati | January 24, 2023 | Comments Off on The Oil Market Extended Last Week’s Gains as the Market Remained Supported by Optimism

Recap:  On Monday, the oil market extended last week’s gains as the market remained supported by optimism over China’s expected economic recovery following its reopening. Data shows an increase in […]

February NYMEX Natural Gas Futures Contract Closed at $3.174 on Friday, January 20th

By spragueoperati | January 23, 2023 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.174 on Friday, January 20th

Friday, January 20th saw the February NYMEX Natural Gas Futures Contract open at $3.290, nearly two cents below Thursday’s closing price of $3.275. Trading higher throughout the morning hours, prices […]

The Oil Market Continued on its Upward Trend and Settled Higher for a Second Consecutive Week

By spragueoperati | January 23, 2023 | Comments Off on The Oil Market Continued on its Upward Trend and Settled Higher for a Second Consecutive Week

Recap:  The oil market on Friday continued on its upward trend and settled higher for a second consecutive week as it remained well supported by the economic prospects for China […]

February NYMEX Natural Gas Futures Contract Closed at $3.275 on Thursday, January 19th

By spragueoperati | January 20, 2023 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $3.275 on Thursday, January 19th

Thursday, January 19th saw the February NYMEX Natural Gas Futures Contract open at $3.289, two cents below Wednesday’s closing price of $3.311. Trading along either side of $3.310 through 10:30AM, […]