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OPEC reassured that global demand is strong and its production cuts were beginning to balance oil markets

By spragueoperati | January 15, 2019 | 0 Comments

Recap: Oil prices fell on Monday as China reported declines in both imports and exports during the month of December, fueling concern about slowing demand. Prices fell despite OPEC reassuring […]

February NYMEX Natural Gas Futures Contracts Closed at $3.591 on Monday, January 14th

By spragueoperati | January 15, 2019 | 0 Comments

Monday, January 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.410, thirty-one cents above Friday’s closing price of $3.099.  Following a brief drop to the intraday low […]

February NYMEX Natural Gas Futures Contracts Closed at $3.099 on Friday, January 11th

By spragueoperati | January 14, 2019 | 0 Comments

Friday, January 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.023, roughly five cents above Thursday’s closing price of $2.969.  Recording an intraday low of $3.014 soon […]

The price of oil is being affected by the OPEC lead output cuts, trade wars between the U.S. and China and the health of China’s economy

By spragueoperati | January 14, 2019 | 0 Comments

Recap: Oil prices finished lower on Friday, ending the longest streak of gains for WTI in 9 years and the longest streak of gains in 10 years for Brent. Global […]

Traders grew less confident that the U.S. and China would strike a compromise during trade talks

By spragueoperati | January 11, 2019 | 0 Comments

Recap: Oil prices traded on both sides of unchanged Thursday, as traders grew less confident that the U.S. and China would strike a compromise during trade talks and as weak […]

February NYMEX Natural Gas Futures Contracts Closed at $2.969 on Thursday, January 10th

By spragueoperati | January 11, 2019 | 0 Comments

Thursday, January 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.080, nearly ten cents above Wednesday’s closing price of $2.984.  Marking the intraday high of $3.082 as […]

Coen Energy now part of Sprague’s website!

By spragueoperati | January 11, 2019 | 0 Comments

We've made another step in bringing Coen Energy (Coen)into the Sprague family.  Coen offerings are now included on spragueenergy.com, meaning our customers can access all of Sprague's services in one […]

February NYMEX Natural Gas Futures Contracts Closed at $2.984 on Wednesday, January 9th

By spragueoperati | January 10, 2019 | 0 Comments

Wednesday, January 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.963, nearly even to Tuesday’s closing price of $2.967.  Seesawing within a tight band near $2.960 through […]

Oil prices increased for the 8th straight session

By spragueoperati | January 10, 2019 | 0 Comments

Recap: Continued optimism over trade talks between the U.S. and China, combined with a larger than expected fall in U.S. crude oil inventories and a drop of 630,000 in OPEC […]

Oil prices were supported by hopes of positive trade talks between the U.S. and China

By spragueoperati | January 9, 2019 | 0 Comments

Recap: Oil prices continued to rise on Tuesday, supported by hopes of positive trade talks between the U.S. and China. February WTI increased 2.9 percent to $49.95 a barrel, the […]