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The Market Bounced Off Four-Year Lows, Breaking a Losing Streak

By Emily Beckett | April 10, 2025 | Comments Off on The Market Bounced Off Four-Year Lows, Breaking a Losing Streak

Recap:  The oil market on Wednesday posted an outside trading day, with a trading range of over $7.80. The market bounced off four-year lows earlier in the session and ended […]

May NYMEX Natural Gas Futures Contract Closed at $3.816 on Wednesday, April 9th

By Emily Beckett | April 10, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $3.816 on Wednesday, April 9th

Wednesday, April 9th saw the front-month NYMEX Natural Gas contract open at $3.382, $0.083 cents below Tuesday’s closing price of $3.465. Marking the intraday low of $3.368 by 9:05AM, the […]

Fears of a Recession Offset a Stock Market Rebound

By Emily Beckett | April 9, 2025 | Comments Off on Fears of a Recession Offset a Stock Market Rebound

Recap:  The oil market sold off once again and settled down 1.85% as fears of a recession due to the impact of the Trump administration’s sweeping tariffs offset a stock […]

May NYMEX Natural Gas Futures Contract Closed at $3.465 on Tuesday, April 8th

By Emily Beckett | April 9, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $3.465 on Tuesday, April 8th

Tuesday, April 8th saw the front-month NYMEX Natural Gas contract open at $3.743, $0.088 cents above Monday’s closing price of $3.655. Ascending to the intraday high of $3.782 by 9:35AM, […]

The Oil Market Continued to React to Sweeping Tariffs

By Emily Beckett | April 8, 2025 | Comments Off on The Oil Market Continued to React to Sweeping Tariffs

Recap:  The oil market on Monday continued to tumble for the third consecutive session amid concerns that U.S. President Donald Trump’s sweeping tariffs announced last week could push economies around […]

May NYMEX Natural Gas Futures Contract Closed at $3.655 on Monday, April 7th

By Emily Beckett | April 8, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $3.655 on Monday, April 7th

Monday, April 7th saw the front-month NYMEX Natural Gas contract open at $3.867, $0.030 cents above Friday’s closing price of $3.837. In a volatile session, plagued by ongoing trade wars […]

Sprague Energy Named Exclusive Energy Partner for Rhode Island Automobile Dealers Association (RIADA)

By Emily Beckett | April 7, 2025 | Comments Off on Sprague Energy Named Exclusive Energy Partner for Rhode Island Automobile Dealers Association (RIADA)

Sprague Energy is proud to announce its designation as the Exclusive Energy Partner for the Rhode Island Automobile Dealers Association (RIADA). The partnership signifies Sprague’s commitment to delivering tailored energy […]

The Oil Market Reacts to China’s Retaliatory Tariffs

By Emily Beckett | April 7, 2025 | Comments Off on The Oil Market Reacts to China’s Retaliatory Tariffs

Recap:  The oil market already under pressure from U.S. President Donald Trump’s sweeping tariffs and an expected increase in OPEC+ production in May, plummeted 7.4% on Friday after China imposed […]

May NYMEX Natural Gas Futures Contract Closed at $3.837 on Friday, April 4th

By Emily Beckett | April 7, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $3.837 on Friday, April 4th

Friday, April 4th saw the front-month NYMEX Natural Gas contract opened at $3.969, $0.169 cents below Thursday’s closing price of $4.138. Recording the intraday high of $3.969 within minutes of […]

OPEC+ Decision to Advance its Unwinding of Oil Output Cuts

By Emily Beckett | April 4, 2025 | Comments Off on OPEC+ Decision to Advance its Unwinding of Oil Output Cuts

Recap:  The oil market plunged on Thursday, giving up most of its gains seen over the last few weeks since early March, as a decision by OPEC+ to advance its […]