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Regulatory Matters – Fourth Quarter 2024

By Emily Beckett | December 30, 2024 | Comments Off on Regulatory Matters – Fourth 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 […]

Crude Oil Market Supported by Economic Recovery in China and Larger than Expected Draw

By Emerson Doiron | December 30, 2024 | Comments Off on Crude Oil Market Supported by Economic Recovery in China and Larger than Expected Draw

Recap:  After posting an outside trading day on Thursday, the oil market on Friday posted an inside trading but ended the session 1.41% higher. The market posted a low of […]

The Market Sold Off From its Highs to its Lows

By Emily Beckett | December 27, 2024 | Comments Off on The Market Sold Off From its Highs to its Lows

Recap:  The oil market on Thursday in thin holiday trading posted an outside trading day as the market sold off from its highs to its low ahead of the close. […]

Crude Oil Market Pressured by Projected Surplus and Strength of the U.S. Dollar

By Emerson Doiron | December 24, 2024 | Comments Off on Crude Oil Market Pressured by Projected Surplus and Strength of the U.S. Dollar

Recap:  The oil market traded lower on Monday at the start of what is expected to be a light trading week due to the Christmas holiday. The crude market posted […]

Crude Oil Recovers After Early Losses Amid Global Demand Concerns and Stronger Dollar

By Emerson Doiron | December 23, 2024 | Comments Off on Crude Oil Recovers After Early Losses Amid Global Demand Concerns and Stronger Dollar

Recap:  The crude market retraced some early losses and ended the session up after the market had been pressured by concerns about global demand. Interest rates are now expected to […]

January NYMEX Natural Gas Futures Contract Closed at $3.748 on Friday, December 20th

By Emerson Doiron | December 23, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.748 on Friday, December 20th

Friday, December 20th saw the front-month NYMEX Natural Gas Futures Contract open at $3.628, up $0.044 compared to Thursday’s closing price of $3.584. Pulling back initially to mark the intraday […]

Oil Market’s Gains Remain Limited by the Fed’s Signal on Interest Rate Cuts

By Emerson Doiron | December 20, 2024 | Comments Off on Oil Market’s Gains Remain Limited by the Fed’s Signal on Interest Rate Cuts

Recap:  The crude market posted an inside trading day as the market weighed the draws reported in crude inventories against central banks in the U.S. as well Europe and Asia […]

January NYMEX Natural Gas Futures Contract Closed at $3.584 on Thursday, December 19th

By Emerson Doiron | December 20, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.584 on Thursday, December 19th

Thursday, December 19th saw the front-month NYMEX Natural Gas Futures Contract open at $3.491, up$0.117 compared to Wednesday’s closing price of $3.374. Following overnight gains that can be attributed to […]

Crude Oil Gains Limited after Federal Reserve Signals Interest Rate Cuts Next Year

By Emerson Doiron | December 19, 2024 | Comments Off on Crude Oil Gains Limited after Federal Reserve Signals Interest Rate Cuts Next Year

Recap: The oil market retraced some of its recent losses in light of the weekly petroleumstocks reports showing draws in crude stocks. However, its gains were limited after the FederalReserve […]

January NYMEX Natural Gas Futures Contract Closed at $3.374 on Wednesday, December 18th

By Emerson Doiron | December 19, 2024 | Comments Off on January NYMEX Natural Gas Futures Contract Closed at $3.374 on Wednesday, December 18th

Wednesday, December 18th saw the front-month NYMEX Natural Gas Futures Contract open at $3.400, up $0.092 compared to Tuesday’s closing price of $3.308. Sustaining overnight gains throughout the morning, analysts […]