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February NYMEX Natural Gas Futures Contract Closed at $2.446 on Friday, January 22nd

By spragueoperati | January 25, 2021 | 0 Comments

Friday, January 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.442, five cents below Thursday’s closing price of $2.491.  Spending the majority of the session trading along […]

Baker Hughes reported that the oil and gas rig count increased by 5 to 378

By spragueoperati | January 25, 2021 | 0 Comments

Recap: Oil futures retreated on Friday, turning lower for the week, weighed down by an unexpected build in U.S. crude oil inventories and worries over a resurgence of coronavirus cases […]

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

By spragueoperati | January 22, 2021 | 0 Comments

Sprague announces a cash distribution of $0.6675 per unit PORTSMOUTH, N.H., Jan. 22, 2021 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors […]

February NYMEX Natural Gas Futures Contract Closed at $2.491 on Thursday, January 21st

By spragueoperati | January 22, 2021 | 0 Comments

Thursday, January 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.482, six cents below Wednesday’s closing price of $2.539.  Reaching an intraday high of $2.515 at 9:45AM, […]

The API reported an unexpected build in U.S. crude oil inventories

By spragueoperati | January 22, 2021 | 0 Comments

Recap: It was a lackluster trading session for oil prices on Thursday despite an unexpected build in U.S. crude oil inventories as reported by the API. Oil futures ended mixed, […]

February NYMEX Natural Gas Futures Contract Closed at $2.539 on Wednesday, January 20th

By spragueoperati | January 21, 2021 | 0 Comments

Wednesday, January 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.472, seven cents below Tuesday’s closing price of $2.546.  Edging lower to mark a three-week intraday low […]

Oil futures crept higher on Wednesday

By spragueoperati | January 21, 2021 | 0 Comments

Recap: Oil futures crept higher on Wednesday, as Joe Biden was sworn in as the forty-sixth President of the United States, lifting hopes that he and his administration will roll out […]

February NYMEX Natural Gas Futures Contract Closed at $2.546 on Tuesday, January 19th

By spragueoperati | January 20, 2021 | 0 Comments

Tuesday, January 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.571, a penny above Thursday’s closing price of $2.737.  Losing ground over the long holiday weekend as […]

Oil futures traded higher on Tuesday

By spragueoperati | January 20, 2021 | 0 Comments

Recap: Oil futures traded higher on Tuesday, following a rise in equity markets and weakness in the dollar and discounting a cut in the International Energy Agency’s forecast for 2021 demand. […]

IR Energy reported that U.S. oil refiners are expected to shut in 3.7 million bpd of capacity

By spragueoperati | January 19, 2021 | 0 Comments

Fundamental News: IIR Energy reported that U.S. oil refiners are expected to shut in 3.7 million bpd of capacity in the week ending January 22nd, increasing available refining capacity by 191,000 […]