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Hurricane Francine Forced the Evacuation of Production Platforms

By Emily Beckett | September 16, 2024 | 0 Comments

Recap:  The crude market on Friday ended the session lower as oil companies in the Gulf Coast were resuming operations after Hurricane Francine forced the evacuation of production platforms. In […]

October NYMEX Natural Gas Futures Contract Closed at $2.305 on Friday, September 13th

By Emily Beckett | September 16, 2024 | 0 Comments

Friday, September 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.391, three cents above Thursday’s closing price of $2.357. Recording the intraday high of $2.405 within minutes […]

The Extent of Hurricane Francine’s Impact on Energy Production Began to Emerge

By Emily Beckett | September 13, 2024 | 0 Comments

Recap:  The crude market rallied higher on Thursday extending Wednesday’s gains amid concerns over Hurricane Francine’s impact on U.S. output. The market was well supported as the extent of the […]

October NYMEX Natural Gas Futures Contract Closed at $2.357 on Thursday, September 12th

By Emily Beckett | September 13, 2024 | 0 Comments

Thursday, September 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.271, even to Wednesday’s closing price of $2.270. Slipping to record the intraday low of $2.229 by […]

The Market Focused on the Production Shut Ins in the U.S. Gulf Coast Due to Hurricane Francine

By Emily Beckett | September 12, 2024 | 0 Comments

Recap:  The oil market on Wednesday retraced some of its previous sharp losses and posted an inside trading as the market focused on the production shut ins in the U.S. […]

October NYMEX Natural Gas Futures Contract Closed at $2.270 on Wednesday, September 11th

By Emily Beckett | September 12, 2024 | 0 Comments

Wednesday, September 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.240, four cents above Tuesday’s closing price of $2.280. Slipping to an intraday low of $2.254 at […]

Rising to the Occasion: Sprague’s Commitment During American Crises

By Emily Beckett | September 11, 2024 | 0 Comments

In times of national crisis, ordinary days are transformed into moments that demand extraordinary action. At Sprague, serving our customers has always remained our top priority for our customers, employees, […]

Weaker Demand Offset U.S. Output Disruptions Due to Approaching Tropical Storm Francine

By Emily Beckett | September 11, 2024 | 0 Comments

Recap:  The crude market on Tuesday posted an outside trading day, as a weaker demand outlook offset U.S. output disruptions due to approaching Tropical Storm Francine. The market rallied to […]

October NYMEX Natural Gas Futures Contract Closed at $2.232 on Tuesday, September 10th

By Emily Beckett | September 11, 2024 | 0 Comments

Tuesday, September 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.240, seven cents above Monday’s closing price of $2.170. Recording the intraday high of $2.258 by 9:15AM, […]

Sprague Energy Utilizes Manitowoc’s Crane Control System to Manage Complex Lifts

By spragueoperati | September 10, 2024 | 0 Comments

Sprague Energy & Manitowoc Cranes Tackle Large-Scale Wind Turbine Lifts in Maine Sprague Energy is leading a large-scale project to unload and transport massive wind turbine components from vessels and […]