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Fears of the coronavirus outbreak and its impact on demand continue to pressure global markets

By spragueoperati | February 28, 2020 | 0 Comments

Recap: At one point, April WTI fell more than 5.8% to a session low of $45.88, the lowest level for a front month since Jan. 2019, before paring some of […]

March NYMEX Natural Gas Futures Contract Closed at $1.832 on Wednesday, February 26th

By spragueoperati | February 27, 2020 | 0 Comments

Wednesday, February 26th – settlement day for the March Contract – saw the front-month NYMEX Natural Gas Futures Contract open at $1.863, nearly two cents above Tuesday’s closing price of […]

The U.S crude benchmark settled at its lowest in more than a year

By spragueoperati | February 27, 2020 | 0 Comments

Recap: Oil futures declined on Wednesday, with the U.S crude benchmark settling at its lowest in more than a year as global energy demand worries fed by the spread of COVID-19 […]

March NYMEX Natural Gas Futures Contract Closed at $1.847 on Tuesday, February 25th

By spragueoperati | February 26, 2020 | 0 Comments

Tuesday, February 25th saw the front-month NYMEX Natural Gas Futures Contract open at $1.852, nearly three cents above Monday’s closing price of $1.827. In quiet day of trading, the intraday […]

The coronavirus continues to pressure the global oil market

By spragueoperati | February 26, 2020 | 0 Comments

Recap: The coronavirus continues to pressure the global oil market, as it is still unclear as to how great an impact this will have on demand. Various estimates project that the […]

March NYMEX Natural Gas Futures Contract Closed at $1.827 on Monday, February 24th

By spragueoperati | February 25, 2020 | 0 Comments

Monday, February 24th saw the front-month NYMEX Natural Gas Futures Contract open at $1.855, five cents below Friday’s closing price of $1.905.  Popping up to an intraday high of $1.867 […]

The oil market sold off sharply on Monday

By spragueoperati | February 25, 2020 | 0 Comments

Recap: The oil market sold off sharply on Monday as the spread of the coronavirus in countries outside China added to investor concerns over the effect on demand for crude.  The […]

Oil prices fell on Friday after crude demand see impact of coronavirus outbreak

By spragueoperati | February 24, 2020 | 0 Comments

Recap:  Oil prices slid more than 2% on Friday as investors fretted about crude demand being pinched by the economic impact of the coronavirus outbreak, while leading producers appeared to […]

March NYMEX Natural Gas Futures Contract Closed at $1.905 on Friday, February 21st

By spragueoperati | February 24, 2020 | 0 Comments

Friday, February 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.878, four cents below Thursday’s closing price of $1.920.  Climbing from the intraday low upon the market’s […]

Sprague to donate $150,000 in celebration of 150th Anniversary

By spragueoperati | February 24, 2020 | 0 Comments

Portsmouth, NH – Sprague Operating Resources LLC, “Sprague,” headquartered in Portsmouth, NH, is celebrating its 150th anniversary in 2020, and in celebration plans to donate $150,000 to nonprofit organizations within its footprint. […]