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A white fuel tanker truck with the Sprague logo and the slogan "Energy Makes the Difference" displayed prominently on the side. The truck is parked outdoors under a clear sky.

The EIA reported an unexpected 3.5 million barrel increase in U.S. crude oil inventories

By spragueoperati | January 30, 2020 | Comments Off on The EIA reported an unexpected 3.5 million barrel increase in U.S. crude oil inventories

Recap: Oil prices were mixed on Wednesday with WTI posting losses after the EIA reported an unexpected 3.5 million barrel increase in U.S. crude oil inventories, the largest increase since November. […]

February NYMEX Natural Gas Futures Contract Closed at $1.934 on Tuesday, January 28th

By spragueoperati | January 29, 2020 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $1.934 on Tuesday, January 28th

Tuesday, January 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.925, two cents above Monday’s closing price of $1.902.  Slipping to an intraday low of $1.914 early […]

Reports circulated that OPEC and its allies were weighing in on the possibility of deeper output cuts

By spragueoperati | January 29, 2020 | Comments Off on Reports circulated that OPEC and its allies were weighing in on the possibility of deeper output cuts

Recap: After dipping by almost 1%, oil prices gained support, as the stock market rebounded and as reports circulated that OPEC and its allies were weighing in on the possibility […]

February NYMEX Natural Gas Futures Contract Closed at $1.902 on Monday, January 27th

By spragueoperati | January 28, 2020 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $1.902 on Monday, January 27th

Monday, January 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.963, seven cents above Friday’s closing price of $1.893.  Tallying the intraday high as the opening bell […]

Oil futures fell for a fifth straight session on Monday

By spragueoperati | January 28, 2020 | Comments Off on Oil futures fell for a fifth straight session on Monday

Recap: Both crude benchmarks have slipped to lows not seen since early October, as oil traders closely monitor the outbreak of a deadly pneumonia-like virus. Oil futures fell for a fifth […]

February NYMEX Natural Gas Futures Contract Closed at $1.893 on Friday, January 24th

By spragueoperati | January 27, 2020 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $1.893 on Friday, January 24th

Friday, January 24th saw the front-month NYMEX Natural Gas Futures Contract open at $1.885, four cents below Thursday’s closing price of 1.926.  Declining overnight as bearish fundamentals continue to plague […]

Crude oil prices fell by more than 3% on Friday

By spragueoperati | January 27, 2020 | Comments Off on Crude oil prices fell by more than 3% on Friday

Recap: Crude oil prices fell by more than 3% on Friday, with Brent heading toward $60.00 a barrel and with WTI breaching the $54.00 level for the first time since November, […]

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

By spragueoperati | January 24, 2020 | Comments Off on Sprague Resources LP Announces Cash Distribution for the Fourth Quarter of 2019 and Earnings Conference Call Schedule

Sprague announces a cash distribution of $0.6675 per unit PORTSMOUTH, N.H., Jan. 24, 2020 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors […]

Oil prices fell on concern that the spread of a virus from China could lower fuel demand

By spragueoperati | January 24, 2020 | Comments Off on Oil prices fell on concern that the spread of a virus from China could lower fuel demand

Recap: Oil prices fell 3% on Thursday on concern that the spread of a virus from China could lower fuel demand if it stunts economic growth, but losses were limited by […]

February NYMEX Natural Gas Futures Contract Closed at $1.926 on Thursday, January 23rd

By spragueoperati | January 24, 2020 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $1.926 on Thursday, January 23rd

Thursday, January 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.958, five cents above Wednesday’s closing price of $1.905.  Moving upward in the first ninety minutes of […]