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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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Recap: May WTI rebounded on Tuesday, its expiration day, from an unprecedented negative settlement a day earlier as prices for the new front-month June contract lost 43%. Expectations the U.S. and global oil […]
Monday, April 20th saw the front-month NYMEX Natural Gas Futures Contract open at $1.726, three cents below Friday’s closing price of $1.753. Recording the intraday low of $1.724 just minutes […]
Recap: The expiring May WTI contract reached historical levels on Monday, plunging deep into negative territory, as the economic crisis, sparked by the coronavirus pandemic, continued to eat away at demand. […]