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WTI experienced its widest trading range since September 8

By spragueoperati | October 30, 2020 | 0 Comments

Recap: Oil futures fell Thursday, as the spiraling number of coronavirus cases triggered tightening restrictions in Europe and the U.S; leading to increasing concerns that the already weak demand for […]

December NYMEX Natural Gas Futures Contract Closed at $3.291 on Wednesday, October 28th

By spragueoperati | October 29, 2020 | 0 Comments

Wednesday, October 28th – settlement day for the November contract — saw the front-month NYMEX Natural Gas Futures Contract settle at $2.996, below Tuesday’s closing price $3.019.  The more heavily […]

The EIA reported the largest weekly increase in U.S. crude oil inventories since July

By spragueoperati | October 29, 2020 | 0 Comments

Recap: Oil prices plummeted on Wednesday, with Brent futures sinking to their lowest level in four months, as the number of coronavirus cases continued to climb and after the EIA […]

November NYMEX Natural Gas Futures Contract Closed at $3.019 on Tuesday, October 27th

By spragueoperati | October 28, 2020 | 0 Comments

Tuesday, October 27th saw the front-month NYMEX Natural Gas Futures Contract open at $3.020 just below Monday’s closing price $3.024.  Falling to an intraday low of $2.986 soon after 9:00AM, […]

Energy companies shut in their U.S. Gulf of Mexico oil production ahead of the Hurricane Zet

By spragueoperati | October 28, 2020 | 0 Comments

Recap: The oil market retraced Monday’s losses as energy companies shut in their U.S. Gulf of Mexico oil production ahead of the Hurricane Zeta. However, its gains were limited by concerns […]

November NYMEX Natural Gas Futures Contract Closed at $3.024 on Monday, October 26th

By spragueoperati | October 27, 2020 | 0 Comments

Monday, October 26th saw the front-month NYMEX Natural Gas Futures Contract open at $3.012 four cents above Friday’s closing price $2.971. Recording the intraday low and high within the initial […]

Oil prices fell more than 3% on Monday

By spragueoperati | October 27, 2020 | 0 Comments

Recap: Oil prices fell more than 3% on Monday as the market continued to be weighed down by both fundamental and technical factors. The bearish news of COVID cases continuing […]

Sprague Resources LP Announces Cash Distribution for the Third Quarter of 2020 and Earnings Conference Call Schedule

By spragueoperati | October 26, 2020 | 0 Comments

Sprague announces a cash distribution of $0.6675 per unit PORTSMOUTH, N.H., Oct. 26, 2020 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors […]

Oil prices moved lower as Libya lifted its force majeure on oil exports

By spragueoperati | October 26, 2020 | 0 Comments

Recap: Oil prices crept lower on Friday, as Libya lifted its force majeure on oil exports, as its output continues to increase. This, plus the number of coronavirus cases surging […]

November NYMEX Natural Gas Futures Contract Closed at $2.971 on Friday, October 23rd

By spragueoperati | October 26, 2020 | 0 Comments

Friday, October 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $3.001, just below Thursday’s closing price $3.007.  Peaking at an intraday high of $3.005 minutes after the […]