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Global crude oil prices dropped to their lowest level in 18 years

By spragueoperati | March 31, 2020 | 0 Comments

Recap: Global crude oil prices plummeted on Monday to their lowest level in 18 years amid continued concerns over the impact the coronavirus pandemic was having on demand and as […]

April NYMEX Natural Gas Futures Contract Closed at $1.634 on Friday, March 27th

By spragueoperati | March 30, 2020 | 0 Comments

Friday, March 27th – settlement day for the April Contract – saw the front-month NYMEX Natural Gas Futures Contract open at $1.644, a penny above Thursday’s closing price of $1.637.  […]

A fall in prices came despite the passing of a fiscal stimulus package by the U.S. House

By spragueoperati | March 30, 2020 | 0 Comments

Recap: Oil prices plunged for the fifth straight week, as a huge drop in global demand, fed by the coronavirus, continues to wreak havoc on the world’s economy. The fall […]

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

By spragueoperati | March 27, 2020 | 0 Comments

ORTSMOUTH, N.H., March 27, 2020 (GLOBE NEWSWIRE) — Sprague Resources LP  (“Sprague”) (NYSE: SRLP) announced today that it received an unsolicited non-binding proposal from Sprague Resources Holdings LLC (“Holdings”) dated […]

April NYMEX Natural Gas Futures Contract Closed at $1.637 on Thursday, March 26th

By spragueoperati | March 27, 2020 | 0 Comments

Thursday, March 26th saw the front-month NYMEX Natural Gas Futures Contract open at $1.644, two cents below Wednesday’s closing price of $1.659.  Trading gradually higher to $1.660 through the day’s […]

Crude oil prices pared early gains on Thursday

By spragueoperati | March 27, 2020 | 0 Comments

Recap: Crude oil prices pared early gains on Thursday after the U.S. Department of Energy ditched plans to buy oil for the Strategic Petroleum Reserve, and after the head of […]

April NYMEX Natural Gas Futures Contract Closed at $1.659 on Wednesday, March 25th

By spragueoperati | March 26, 2020 | 0 Comments

Wednesday, March 25th saw the front-month NYMEX Natural Gas Futures Contract open at $1.670, two cents above Tuesday’s closing price of $1.653.  Reaching an intraday high of $1.683 by 9:40AM, […]

U.S. oil futures rose on Wednesday

By spragueoperati | March 26, 2020 | 0 Comments

Recap: U.S. oil futures rose on Wednesday, supported by a more than 20% drop in U.S. gasoline inventories and progress on the $2 trillion stimulus bill that Congress was expected […]

April NYMEX Natural Gas Futures Contract Closed at $1.653 on Tuesday, March 24th

By spragueoperati | March 25, 2020 | 0 Comments

Tuesday, March 24th saw the front-month NYMEX Natural Gas Futures Contract open at $1.668, six cents above Monday’s closing price of $1.602.  Trading gradually higher to an intraday high of […]

Crude oil futures rose for the second straight session

By spragueoperati | March 25, 2020 | 0 Comments

Recap: Crude oil futures rose for the second straight session, but gains were contained as the coronavirus pandemic’s heavy toll on demand offset hopes for a forthcoming $2 trillion U.S. […]