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October NYMEX Natural Gas Futures Contract Closed at $9.262 on Thursday, September 1st

By spragueoperati | September 2, 2022 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $9.262 on Thursday, September 1st

Thursday, September 1st saw the October NYMEX Natural Gas Futures Contract open at $9.153, three cents above Wednesday’s closing price of $9.127. Marking the intraday low of $9.106 within minutes […]

Supply Has Been Slowly Increasing, Largely Due to the U.S. Shale Boom

By spragueoperati | September 2, 2022 | Comments Off on Supply Has Been Slowly Increasing, Largely Due to the U.S. Shale Boom

Recap:  Crude oil futures fell by more than 3% on Thursday, as thoughts of a global economic slowdown instilled demand fear in traders. Western demand for oil, as well as […]

October NYMEX Natural Gas Futures Contract Closed at $9.127 on Wednesday, August 31st

By spragueoperati | September 1, 2022 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $9.127 on Wednesday, August 31st

Wednesday, August 31st saw the October NYMEX Natural Gas Futures Contract open at $8.992, five cents below Tuesday’s closing price of $9.042. Trailing downward to mark the intraday low of […]

The Headline Number to the EIA’s Weekly Inventory Report Show a Bullish 3.3 Million Barrel Drop in U.S. Crude Oil Supplies

By spragueoperati | September 1, 2022 | Comments Off on The Headline Number to the EIA’s Weekly Inventory Report Show a Bullish 3.3 Million Barrel Drop in U.S. Crude Oil Supplies

Recap:  Oil futures fell for the second straight session, down 7.7% over the past two sessions, the largest two-day drop in nearly two months. The headline number to the EIA’s […]

Sprague Resources LP Announces Amendment to Merger Agreement with Hartree Partners and New Anticipated Closing Timing

By spragueoperati | August 31, 2022 | Comments Off on Sprague Resources LP Announces Amendment to Merger Agreement with Hartree Partners and New Anticipated Closing Timing

PORTSMOUTH, N.H., Aug. 31, 2022 (GLOBE NEWSWIRE) — Sprague Resources LP (the “Partnership”) (NYSE: SRLP) today announced that it has entered into an amendment (the “Amendment”) to the agreement and […]

October NYMEX Natural Gas Futures Contract Closed at $9.042 on Tuesday, August 30th

By spragueoperati | August 31, 2022 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $9.042 on Tuesday, August 30th

Tuesday, August 30th saw the October NYMEX Natural Gas Futures Contract open at $9.173, sixteen cents below Monday’s closing price of $9.336. Falling to an intraday low of $8.933 by […]

Crude’s Tight Market Has Outweighed Worries in Recent Days That a Global Recession Could Slow Demand

By spragueoperati | August 31, 2022 | Comments Off on Crude’s Tight Market Has Outweighed Worries in Recent Days That a Global Recession Could Slow Demand

Recap:  Oil tumbled after Iraq’s state marketing company said exports haven’t been affected by violent clashes in Baghdad while low liquidity exacerbated price moves. West Texas Intermediate fell as much […]

October NYMEX Natural Gas Futures Contract Closed at $9.336 on Monday, August 29th

By spragueoperati | August 30, 2022 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $9.336 on Monday, August 29th

Monday, August 29th saw the September NYMEX Natural Gas Futures Contract open at $9.044, twenty-five cents below Friday’s closing price $9.296. With minimal trading, the September contract settled higher on […]

Prices Up More Than 4% to Settle at Their Highest in a Month

By spragueoperati | August 30, 2022 | Comments Off on Prices Up More Than 4% to Settle at Their Highest in a Month

Recap:  Oil futures rallied on Monday, with U.S. prices up more than 4% to settle at their highest in a month. Prices got a boost given rising risks of a […]

September NYMEX Natural Gas Futures Contract Closed at $9.269 on Friday, August 26th

By spragueoperati | August 29, 2022 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $9.269 on Friday, August 26th

Friday, August 26th saw the September NYMEX Natural Gas Futures Contract open at $9.503, thirteen above Thursday’s closing price $9.375. Ascending to its daily zenith of $9.668 shortly after 9:30AM, […]