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A white fuel tanker truck with the Sprague logo and the slogan "Energy Makes the Difference" displayed prominently on the side. The truck is parked outdoors under a clear sky.

The Top 5 Benefits of Adding Biofuel to Your Heating Oil

By spragueoperati | June 28, 2022 | Comments Off on The Top 5 Benefits of Adding Biofuel to Your Heating Oil

Whether you’re looking to increase your renewable energy use or simply follow a state mandate, adding biofuel to your heating oil to make Bioheat® fuel offers big benefits to homeowners […]

What is Biofuel and Why is it Important?

By spragueoperati | June 28, 2022 | Comments Off on What is Biofuel and Why is it Important?

Biofuel is an alternative fuel sourced from renewable feedstocks including soybeans, animal fats, and used cooking oil. In other words, biofuel is made from biomass, which makes it an organic […]

Oil Futures Ended Higher for the Second Straight Session on Monday

By spragueoperati | June 28, 2022 | Comments Off on Oil Futures Ended Higher for the Second Straight Session on Monday

Recap: Oil futures ended higher for the second straight session on Monday as better-than-expected U.S. economic data quelled concerns over a potential slowdown in energy demand. Traders were also focused on […]

July NYMEX Natural Gas Futures Contract Closed at $6.220 on Friday, June 24th

By spragueoperati | June 27, 2022 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $6.220 on Friday, June 24th

Friday, June 24th saw the July NYMEX Natural Gas Futures Contract open at $6.282, four cents below Thursday’s closing price of $ $6.239. Slipping to the intraday low of $6.067 […]

Oil Futures Rose by More Than $4.00 a Barrel on Friday Before Paring Gains

By spragueoperati | June 27, 2022 | Comments Off on Oil Futures Rose by More Than $4.00 a Barrel on Friday Before Paring Gains

Recap: Oil futures rose by more than $4.00 a barrel on Friday before paring gains, supported by tight supplies but limited to the upside by concern that rising interest rates […]

July NYMEX Natural Gas Futures Contract Closed at $6.239 on Thursday, June 23rd

By spragueoperati | June 24, 2022 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $6.239 on Thursday, June 23rd

Thursday, June 23rd saw the July NYMEX Natural Gas Futures Contract open at $6.711, fifteen cents below Wednesday’s closing price of $6.858. Achieving the intraday high of $6.795 by 9:15AM, […]

Investors Weighed the Risk that Rising U.S. Interest Rates Could Triggers a Recession and Cut Demand for Fuel

By spragueoperati | June 24, 2022 | Comments Off on Investors Weighed the Risk that Rising U.S. Interest Rates Could Triggers a Recession and Cut Demand for Fuel

Recap: At one point during the trading session, oil prices fell by more than $3 a barrel on Thursday in volatile trading as investors weighed the risk that rising U.S. […]

July NYMEX Natural Gas Futures Contract Closed at $6.858 on Wednesday, June 22nd

By spragueoperati | June 23, 2022 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $6.858 on Wednesday, June 22nd

Wednesday, June 22nd saw the July NYMEX Natural Gas Futures Contract open at $6.622, nearly nineteen cents below Tuesday’s closing price of $6.808. Slipping to an intraday low of $6.588 […]

Renewed Fears of a Recession Helped Fuel the Sell-Off

By spragueoperati | June 23, 2022 | Comments Off on Renewed Fears of a Recession Helped Fuel the Sell-Off

Recap: Oil futures fell on Wednesday, with WTI settling at its lowest level in approximately six weeks. Rising demand concerns, the prospect of a U.S. gasoline tax holiday, and renewed […]

July NYMEX Natural Gas Futures Contract Closed at $6.808 on Tuesday, June 21st

By spragueoperati | June 22, 2022 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $6.808 on Tuesday, June 21st

Tuesday, June 21st saw the July NYMEX Natural Gas Futures Contract open at $6.691, twenty-five cents below Friday’s closing price of $6.944. Slipping to an intraday low of $6.652 at […]