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Oil futures climbed off of 18-year lows on Tuesday

By spragueoperati | April 1, 2020 | Comments Off on Oil futures climbed off of 18-year lows on Tuesday

Recap: Oil futures climbed off of 18-year lows on Tuesday after U.S. President Donald Trump and Russian counterpart Vladimir Putin spoke about efforts to fight the spread of the coronavirus […]

May NYMEX Natural Gas Futures Contract Closed at $1.690 on Monday, March 30th

By spragueoperati | March 31, 2020 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $1.690 on Monday, March 30th

On Monday, March 30th – the May NYMEX Natural Gas Futures Contract began trading as the prompt month.  Opening at $1.632, four cents below Friday’s closing price of $1.671, a […]

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

By spragueoperati | March 31, 2020 | Comments Off on Global crude oil prices dropped to their lowest level in 18 years

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

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

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 | Comments Off on Sprague Resources Announces Receipt of Proposal to Acquire All of its Outstanding Common Units

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

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 | Comments Off on Crude oil prices pared early gains on Thursday

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

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 | Comments Off on U.S. oil futures rose on Wednesday

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 […]