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May NYMEX Natural Gas Futures Contract Closed at $2.580 on Friday, April 26th

By spragueoperati | April 29, 2019 | 0 Comments

On Friday, April 26th – settlement day for the May contract – the front-month NYMEX Natural Gas Futures Contracts opened at $2.520, slightly above Thursday’s closing price of $2.514.  Building […]

Sprague Resources LP Announces Cash Distribution for the First Quarter of 2019 and Earnings Conference Call Schedule

By spragueoperati | April 26, 2019 | 0 Comments

Sprague announces a cash distribution of $0.6675 per unit PORTSMOUTH, N.H., April 26, 2019 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors […]

Brent topped $75.00 a barrel for the first time in 2019

By spragueoperati | April 26, 2019 | 0 Comments

Recap: On Thursday, Brent topped $75.00 a barrel for the first time in 2019, as Russian exports were suspended due to quality concerns. June Brent rose to a session high of […]

May NYMEX Natural Gas Futures Contract Closed at $2.514 on Thursday, April 26th

By spragueoperati | April 26, 2019 | 0 Comments

Thursday, April 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.473, a penny above Wednesday’s closing price of $2.462.  Slipping to the intraday low of $2.439 at […]

The EIA reported a 5.5 million barrel build in U.S. crude inventories

By spragueoperati | April 25, 2019 | 0 Comments

Recap: Oil prices, which had recovered from an overnight drop, suffered a second setback after the EIA reported a 5.5 million barrel build in U.S. crude oil inventories. Following the release […]

May NYMEX Natural Gas Futures Contract Closed at $2.462 on Wednesday, April 24th

By spragueoperati | April 25, 2019 | 0 Comments

Wednesday, April 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.473, two cents above Tuesday’s closing price of $2.455.  Ascending to the intraday high of $2.485 by […]

The U.S. decided to end waivers for buyers of Iranian crude oil

By spragueoperati | April 24, 2019 | 0 Comments

Recap: Oil prices rose to fresh six month highs after OPEC members said they would raise output only if demand warranted it. This comes on the heels of a U.S. […]

May NYMEX Natural Gas Futures Contract Closed at $2.455 on Tuesday, April 23rd

By spragueoperati | April 24, 2019 | 0 Comments

Tuesday, April 23rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.517, slightly below Monday’s closing price of 2.524.  Plummeting more than 2% within the day’s opening hour […]

Oil prices reached fresh highs for the year

By spragueoperati | April 23, 2019 | 0 Comments

Recap: Oil prices climbed more than 3 percent on Monday, reaching fresh highs for the year, after the U.S. announced that it would no longer issue waivers allowing certain countries to […]

May NYMEX Natural Gas Futures Contract Closed at $2.524 on Monday, April 22nd

By spragueoperati | April 23, 2019 | 0 Comments

Monday, April 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.524, roughly three cents above Thursday’s closing price of $2.490.  Impacted by oversold conditions and climbing oil […]