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Regulatory Matters – Second Quarter 2019

By spragueoperati | July 10, 2019 | 0 Comments

Sprague Regulatory Matters is provided as a courtesy to our customers. Please note that the information contained in Sprague Regulatory Matters is for informational purposes only and should not be […]

The crude market traded higher on Monday amid the escalating tensions surrounding Iran’s nuclear program

By spragueoperati | July 9, 2019 | 0 Comments

Recap: The crude market, which continued to trade within its recent trading range, traded higher on Monday amid the escalating tensions surrounding Iran’s nuclear program. Over the weekend, Iran said it […]

August NYMEX Natural Gas Futures Contract Closed at $2.403 on Monday, July 8th

By spragueoperati | July 9, 2019 | 0 Comments

Monday, July 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.421, slightly above Friday’s closing price of $2.418.  Jumping to a new five-week intraday high of $2.432 […]

Crude oil market supported by stronger than expect jobs report

By spragueoperati | July 8, 2019 | 0 Comments

Recap: The oil market continued to trade within its recent trading range on Friday, following the 4th of July holiday.  The market sold off to a low of $56.29 early […]

August NYMEX Natural Gas Futures Contract Closed at $2.418 on Friday, July 5th

By spragueoperati | July 8, 2019 | 0 Comments

Friday, July 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.343, five cents above Wednesday’s closing price of $2.290.  Ascending from the intraday low as markets opened, […]

August NYMEX Natural Gas Futures Contract Closed at $2.290 on Wednesday, July 3rd

By spragueoperati | July 5, 2019 | 0 Comments

Wednesday, July 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.269, three cents above Tuesday’s closing price of $2.240.  In a relatively quiet session as the July […]

API report provided support to market with larger than expected draw in crude stocks

By spragueoperati | July 5, 2019 | 0 Comments

Recap: The crude market traded mostly sideways in overnight trading before it breached its previous low and posted a low of $56.04.  The market bounced off that level and rallied […]

OPEC and non-OPEC agreed to extend their output cuts until March 2020

By spragueoperati | July 3, 2019 | 0 Comments

Recap: The oil market on Tuesday fell sharply lower as concerns about the global economy outweighed the OPEC and non-OPEC agreement to extend their output cuts until March 2020.  Growth […]

August NYMEX Natural Gas Futures Contract Closed at $2.240 on Tuesday, July 2nd

By spragueoperati | July 3, 2019 | 0 Comments

Tuesday, July 2nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.275, slightly above Monday’s closing price of $2.267.  Marking an intraday high of $2.281 within minutes of […]

The oil market rallied higher on Monday morning

By spragueoperati | July 2, 2019 | 0 Comments

Recap: The oil market rallied higher on Monday morning as OPEC and non-OPEC producers looked set to extend their supply cuts until at least the end of 2019.  The crude […]