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August NYMEX Natural Gas Futures Contract Closed at $2.685 on Thursday, June 27th

By Emily Beckett | June 28, 2024 | 0 Comments

Thursday, June 27th saw the front-month NYMEX Natural Gas Futures Contract open at $2.750, just above Wednesday’s closing price of $2.745. Pulling back ahead of the weekly storage report, prices […]

The EIA’s weekly petroleum stocks reports showing unexpected builds in both crude and gasoline stocks

By spragueoperati | June 27, 2024 | 0 Comments

Recap:  The oil market settled slightly higher on Wednesday despite the EIA’s weekly petroleum stocks reports showing unexpected builds in both crude and gasoline stocks. The EIA reported a build […]

July NYMEX Natural Gas Futures Contract Closed at $2.628 on Wednesday, June 26th

By spragueoperati | June 27, 2024 | 0 Comments

Wednesday, June 26th saw the front-month NYMEX Natural Gas Futures Contract open at $2.685, seven cents below Tuesday’s closing price of $2.756. Trending lower as settlement drew near, July closed […]

The Oil Market on Tuesday Ended the Session Lower Ahead of the Release of the Weekly Petroleum Stocks Reports

By Emily Beckett | June 26, 2024 | 0 Comments

Recap:  The oil market on Tuesday ended the session lower ahead of the release of the weekly petroleum stocks reports later in the afternoon and on Wednesday morning. The market’s […]

July NYMEX Natural Gas Futures Contract Closed at $2.756 on Tuesday, June 25th

By Emily Beckett | June 26, 2024 | 0 Comments

Tuesday, June 25th saw the front-month NYMEX Natural Gas Futures Contract open at $2.772, four cents below Monday’s closing price of $2.811. Arcing higher throughout the morning to tally the […]

The Market Remained Supported by Tensions in the Middle East and An Easing of the U.S. Dollar

By Emily Beckett | June 25, 2024 | 0 Comments

Recap:  The crude market traded higher on Monday as the market remained supported by tensions in the Middle East and an easing of the U.S. dollar, which had rallied to […]

July NYMEX Natural Gas Futures Contract Closed at $2.811 on Monday, June 24th

By Emily Beckett | June 25, 2024 | 0 Comments

Monday, June 24th saw the front-month NYMEX Natural Gas Futures Contract open at $2.676, three cents below Friday’s closing price of $2.705. Recording the intraday low of $2.648 in the […]

U.S. Business Activity Increased to a 26 Month High in June Amid a Rebound in Employment

By Emily Beckett | June 24, 2024 | 0 Comments

Recap:  The oil market retraced its earlier gains on Friday and ended the session lower for the first time in four days but still ended the week up $2.68 or […]

Mack Point Open House Recap

By spragueoperati | June 21, 2024 | 0 Comments

Successful Event Showcases Sprague’s Vision for Maine’s Offshore Wind Future On June 11, Sprague Energy hosted an Open House, including three tours at our Mack Point Terminal in Searsport, Maine, […]

The Latest U.S. Inventory Data Showed Crude Oil Stocks Fell Last Week

By Emily Beckett | June 21, 2024 | 0 Comments

Recap:  The oil market traded higher on Thursday after the latest U.S. inventory data showed crude oil stocks fell last week. The market posted a low of $81.13 during Wednesday’s […]