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Sprague Receives International Sustainable Impact Award

By spragueoperati | April 28, 2020 | 0 Comments

Annual Global Tank Storage Award granted to Sprague for innovative application of thin-film solar panels Portsmouth, NH — March 11, 2020– Sprague Operating Resources LLC was presented with the Sustainable Impact […]

U.S. oil futures dropped by almost 25% on Monday

By spragueoperati | April 28, 2020 | 0 Comments

Recap: U.S. oil futures plunged by almost 25% on Monday on renewed concern over the dearth in storage facilities available to store the oversupply of crude. June WTI fell to […]

May NYMEX Natural Gas Futures Contract Closed at $1.746 on Friday, April 24th

By spragueoperati | April 27, 2020 | 0 Comments

Friday, April 24th saw the front-month NYMEX Natural Gas Futures Contract open at $1.776, four cents below Thursday’s closing price of $1.815.  Surging higher early on to reach an intraday […]

Oil producers cut the number of rigs in the U.S. and Canada

By spragueoperati | April 27, 2020 | 0 Comments

Recap: Oil prices rose on Friday as oil producers cut the number of rigs in the U.S. and Canada. However, both Brent and WTI fell for third straight week as […]

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

By spragueoperati | April 24, 2020 | 0 Comments

Sprague announces a cash distribution of $0.6675 per unit  PORTSMOUTH, N.H., April 24, 2020 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors […]

May NYMEX Natural Gas Futures Contract Closed at $1.815 on Thursday, April 23rd

By spragueoperati | April 24, 2020 | 0 Comments

Thursday, April 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.897, four cents below Wednesday’s closing price of $1.939.  Trading along either side of the $1.89 level […]

Oil futures extended their rally on Thursday

By spragueoperati | April 24, 2020 | 0 Comments

Recap: Oil futures extended their rally on Thursday as proposed production cuts by OPEC+ began to take hold as tensions between the U.S. and Iran heat up. Oil prices have succumbed […]

May NYMEX Natural Gas Futures Contract Closed at $1.939 on

By spragueoperati | April 23, 2020 | 0 Comments

Wednesday, April 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.830, a penny above Tuesday’s closing price of $1.821.  Ascending from the intraday low of $1.829, prices […]

A smaller than expected build in U.S. gasoline stocks lifted RBOB prices

By spragueoperati | April 23, 2020 | 0 Comments

Recap: Oil futures rebounded on Wednesday as tensions between the U.S. and Iran heat up and declines in U.S. crude output sparked a rebound from a 21-year low and as a […]

May NYMEX Natural Gas Futures Contract Closed at $1.821 on Tuesday, April 21st

By spragueoperati | April 22, 2020 | 0 Comments

Tuesday, April 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.914, a penny below Monday’s closing price of $1.924.  Climbing to an intraday high of $1.943 soon […]