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Oil futures ended at their highest level in a week on Tuesday

By spragueoperati | April 28, 2021 | 0 Comments

Recap: Oil futures ended at their highest level in a week on Tuesday after OPEC and its allies surprised the market by meeting a day earlier than scheduled, and decided to […]

May NYMEX Natural Gas Futures Contract Closed at $2.790 on Monday, April 26th

By spragueoperati | April 27, 2021 | 0 Comments

Monday, April 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.709, two cents below Friday’s closing price of $2.730.  Falling to an intraday low of $2.700 by […]

Oil futures fell on Monday extending last week’s loss

By spragueoperati | April 27, 2021 | 0 Comments

Recap: Oil futures fell on Monday, extending last week’s loss, as the number of rising cases of COVID-19 in India heightened concerns about demand. With OPEC and its allies due […]

May NYMEX Natural Gas Futures Contract Closed at $2.730 on Friday, April 23rd

By spragueoperati | April 26, 2021 | 0 Comments

Friday, April 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.746, nearly even to Thursday’s closing price of $2.749.  In an uneventful day of trading, prices moved […]

U.S. oil drillers cut the number of operating rigs for the first cut in five weeks

By spragueoperati | April 26, 2021 | 0 Comments

Recap: Oil futures erased some of its losses made this week, as perhaps it was a bit overdone to the downside. Bullish economic data out of the U.S. and Europe […]

Sprague Resources LP Announces Cash Distribution for the First Quarter of 2021 and Earnings Conference Call Schedule

By spragueoperati | April 23, 2021 | 0 Comments

Sprague announces a cash distribution of $0.6675 per unit PORTSMOUTH, N.H., April 23, 2021 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors […]

May NYMEX Natural Gas Futures Contract Closed at $2.749 on Thursday, April 22nd

By spragueoperati | April 23, 2021 | 0 Comments

Thursday, April 22nd saw the front-month NYMEX Natural Gas Futures Contract open at an intraday low of $2.666, almost three cents below Wednesday’s closing price of $2.692. Prices rose steadily […]

OPEC and the IEA raised their forecast for global demand growth in 2021

By spragueoperati | April 23, 2021 | 0 Comments

Recap: Oil futures reversed early losses on Thursday, to squeeze out small gains. A resurgence in the coronavirus pushed oil prices back from last week’s gains as most regions apart from […]

May NYMEX Natural Gas Futures Contract Closed at $2.692 on Wednesday, April 21st

By spragueoperati | April 22, 2021 | 0 Comments

Wednesday, April 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.693, three cents below Tuesday’s closing price of $2.727.  Slipping to an intraday low of $2.666 at […]

Oil prices fell to their lowest level in a week

By spragueoperati | April 22, 2021 | 0 Comments

Recap: Oil prices fell to their lowest level in a week, with U.S. crude oil inventories rising amid increasing concerns over global demand, as the number of COVID-19 infections continues to […]