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November NYMEX Natural Gas Futures Contracts Closed at $2.980 on Wednesday, September 26th

By spragueoperati | September 27, 2018 | 0 Comments

On Wednesday, September 26th – settlement day for the October contract – the front-month NYMEX Natural Gas Futures Contracts opened at $3.072, a penny below Tuesday’s closing price of $3.082.  […]

Sprague Resources LP Announces Resignation of Director Robert B. Evans

By spragueoperati | September 26, 2018 | 0 Comments

PORTSMOUTH, N.H., Sept. 26, 2018 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague” or the “Partnership”) (NYSE: SRLP) announced today that Robert B. Evans notified Sprague Resources GP LLC, the Partnership’s […]

Sprague Resources LP Announces Resignation of Director Robert B. Evans

By spragueoperati | September 26, 2018 | 0 Comments

Portsmouth, NH (September 26, 2018) – Sprague Resources LP (“Sprague” or the “Partnership”) (NYSE: SRLP) announced today that Robert B. Evans notified Sprague Resources GP LLC, the Partnership’s general partner (the […]

The API reported an unexpected 2.9 million barrel build in U.S. crude oil inventories

By spragueoperati | September 26, 2018 | 0 Comments

Recap: Brent posted a fresh four year high on Tuesday, while WTI rose for the third straight day. Oil prices are gaining support from the impending U.S. sanctions against Iran […]

October NYMEX Natural Gas Futures Contracts Closed at $3.082 on Tuesday, September 25th

By spragueoperati | September 26, 2018 | 0 Comments

Tuesday, September 25th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.054, nearly two cents above Monday’s closing price of $3.038.  Maintaining fundamental support from weather forecasts and […]

October NYMEX Natural Gas Futures Contracts Closed at $3.038 on Monday, September 24th

By spragueoperati | September 25, 2018 | 0 Comments

Monday, September 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.996, two cents above Friday’s closing price of $2.977.  Boosted higher by forecasts for seasonal fall weather […]

Global producers met in Algiers over the weekend but the meeting ended without a commitment to ramping up production

By spragueoperati | September 25, 2018 | 0 Comments

Recap: A non-commitment to increase output by OPEC and non-OPEC producers pushed Brent to a fresh four year high and WTI above $72.00 a barrel for the first time since early […]

OPEC and its allies met on Sunday to discuss production increases

By spragueoperati | September 24, 2018 | 0 Comments

Recap: Oil prices rose on Friday, ahead of Sunday’s meeting between OPEC and its allies. The topic of conversation at the meeting will most likely focus on production increases, as the […]

October NYMEX Natural Gas Futures Contracts Closed at $2.977 on Friday, September 21st

By spragueoperati | September 24, 2018 | 0 Comments

Friday, September 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.958, two cents below Thursday’s closing price of $2.976.  Building upon Thursday’s rally, which was in part […]

Prices continue to be caught in a tug-of-war between supply concerns

By spragueoperati | September 21, 2018 | 0 Comments

Recap: Oil prices slipped from four year highs on Thursday, following a tweet by U.S. President Donald Trump, calling on OPEC to “get prices down now.” November Brent tipped above $80.00 […]