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April NYMEX Natural Gas Futures Contracts Closed at $2.820 on Wednesday, March 20th

By spragueoperati | March 21, 2019 | 0 Comments

Wednesday, March 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.828, nearly five cents below Tuesday’s closing price of $2.874.  Jumping to the intraday high of $2.848 […]

OPEC and non-OPEC members are struggling to maintain a balance between supply and demand

By spragueoperati | March 20, 2019 | 0 Comments

Recap: U.S. sanctions against Iran and Venezuela, combined with OPEC led supply cuts, pushed prices to fresh highs for the year. By 07:09 EST, April WTI reached a session high […]

April NYMEX Natural Gas Futures Contracts Closed at $2.874 on Tuesday, March 19th

By spragueoperati | March 20, 2019 | 0 Comments

Tuesday, March 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.888, nearly four cents above Monday’s closing price of $2.850.  In another uneventful day of trading, prices […]

Oil prices edged higher on Monday, supported by signs of inventory declines at Cushing

By spragueoperati | March 19, 2019 | 0 Comments

Recap: Oil prices edged higher on Monday, supported by signs of inventory declines at Cushing and the prospect that the OPEC led production cuts will be extended. The Joint Ministerial Monitoring […]

April NYMEX Natural Gas Futures Contracts Closed at $2.850 on Monday, March 18th

By spragueoperati | March 19, 2019 | 0 Comments

Monday, March 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.818, roughly two cents above Friday’s closing price of $2.795.  Jumping to the $2.840 level by 9:15AM, […]

The IEA released a report stating that output had fallen by 240,000 barrels per day last month

By spragueoperati | March 18, 2019 | 0 Comments

Recap: After posting a fresh four month high on Friday, WTI slipped as much as 1.4 percent to a session low of $57.74 a barrel, while Brent fell as much as […]

April NYMEX Natural Gas Futures Contracts Closed at $2.795 on Friday, March 15th

By spragueoperati | March 18, 2019 | 0 Comments

Friday, March 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.821, roughly three cents below Thursday’s closing price of $2.855.  Moving cautiously higher to tally the intraday […]

Sprague Resources LP 2018 Form 10-K Now Available

By spragueoperati | March 15, 2019 | 0 Comments

PORTSMOUTH, N.H., March 14, 2019 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 […]

April NYMEX Natural Gas Futures Contracts Closed at $2.855 on Thursday, March 14th

By spragueoperati | March 15, 2019 | 0 Comments

Thursday, March 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.883, roughly a penny above Wednesday’s closing price of $2.820.  Rising to $2.845 early on, prices traded […]

The EIA report showed that U.S. crude production dropped to 1.2 million barrels

By spragueoperati | March 15, 2019 | 0 Comments

Recap: Oil prices were mixed on Thursday, with Brent retreating from four month highs, while WTI posted a fresh four month high. May Brent crude hit a 2019 peak of $68.14 […]