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July NYMEX Natural Gas Futures Contract Closed at $1.789 on Monday, June 8th

By spragueoperati | June 9, 2020 | 0 Comments

Monday, June 8th saw the front-month NYMEX Natural Gas Futures Contract open at $1.768, a penny below Friday’s closing price of $1.782.  Ascending to an intraday high of $1.800 by […]

OPEC+ agreed to extend current production cuts through July

By spragueoperati | June 9, 2020 | 0 Comments

Recap: Oil futures settled lower on Monday, with prices down more than 3% as traders focused on the potential for higher production from the US, Mexico and Libya. Meanwhile, OPEC+ […]

July NYMEX Natural Gas Futures Contract Closed at $1.782 on Friday, June 5th

By spragueoperati | June 8, 2020 | 0 Comments

Friday, June 5th saw the front-month NYMEX Natural Gas Futures Contract open at $1.858, three cents above Thursday’s closing price of $1.822.  Ascending to an intraday high of $1.864 within […]

The major oil producers are expected to reach an official agreement to extend record production cuts

By spragueoperati | June 8, 2020 | 0 Comments

Recap: Oil prices rose on Friday after an unexpected fall in the May U.S. unemployment rate and OPEC’s decision to bring forward to Saturday discussions on whether to extend record production […]

July NYMEX Natural Gas Futures Contract Closed at $1.822 on Thursday, June 4th

By spragueoperati | June 5, 2020 | 0 Comments

Thursday, June 4th saw the front-month NYMEX Natural Gas Futures Contract open at $1.819, just below Wednesday’s closing price of $1.821.  Rising steadily to $1.835 ahead of 10:30AM, prices jumped […]

High oil producer compliance to output cuts contributed to a third straight climb

By spragueoperati | June 5, 2020 | 0 Comments

Recap: Trading in oil futures started out to the downside on Thursday, but then grinded higher in what was a lackluster session. High oil producer compliance to output cuts contributed […]

Sprague Resources Announces Withdrawal of Proposal to Acquire All of its  Outstanding Common Units 

By spragueoperati | June 4, 2020 | 0 Comments

PORTSMOUTH, N.H., June 04, 2020 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that Sprague Resources Holdings LLC (“Holdings”) has withdrawn its previously announced non-binding proposal, dated […]

July NYMEX Natural Gas Futures Contract Closed at $1.821 on Wednesday, June 3rd

By spragueoperati | June 4, 2020 | 0 Comments

Wednesday, June 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.830, five cents above Tuesday’s closing price of $1.777.  Ascending to an intraday high of $1.861 by […]

Oil prices finished at their highest level in three months

By spragueoperati | June 4, 2020 | 0 Comments

Recap: Oil prices finished at their highest level in three months on Wednesday, as news that OPEC+ producers have reached an agreement to extend recent production cutbacks into July. While […]

July NYMEX Natural Gas Futures Contract Closed at $1.777 on Tuesday, June 2nd

By spragueoperati | June 3, 2020 | 0 Comments

Tuesday, June 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.786, a penny above Monday’s closing price of $1.774.  In a relatively calm day of trading, the […]