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May NYMEX Natural Gas Futures Contract Closed at $4.138 on Thursday, April 3rd

By Emily Beckett | April 4, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $4.138 on Thursday, April 3rd

Thursday, April 3rd saw the front-month NYMEX Natural Gas contract opened at $4.125, $0.070 cents above Wednesday’s closing price of $4.055. With tariff-related market uncertainty and weather forecasts providing support, […]

Regulatory Matters – First Quarter 2025

By Emily Beckett | April 3, 2025 | Comments Off on Regulatory Matters – First Quarter 2025

Sprague Regulatory Matters is provided as a courtesy to our customers. Please note that the information contained in Sprague Regulatory Matters is for informational purposes only and should not be […]

The Market Prepared for the U.S. to Impose Sweeping Reciprocal Tariffs

By Emily Beckett | April 3, 2025 | Comments Off on The Market Prepared for the U.S. to Impose Sweeping Reciprocal Tariffs

Recap:  The crude oil market traded higher as the market prepared for the U.S. to impose sweeping reciprocal tariffs later on Wednesday afternoon. The market also seemed to have shrugged […]

May NYMEX Natural Gas Futures Contract Closed at $4.055 on Wednesday, April 2nd

By Emily Beckett | April 3, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $4.055 on Wednesday, April 2nd

Wednesday, April 2nd saw the front-month NYMEX Natural Gas contract opened at $4.011, $0.060 cents above Tuesday’s closing price of $3.951. Continuing the overnight rally to peak at an intraday […]

The Unwinding of OPEC+ Output Cuts and Trade War Concerns

By Emily Beckett | April 2, 2025 | Comments Off on The Unwinding of OPEC+ Output Cuts and Trade War Concerns

Recap:  The crude market continued to weigh the threats by U.S. President Donald Trump to impose tariffs on Russian crude exports and attack Iran against the start of OPEC+’s gradual […]

May NYMEX Natural Gas Futures Contract Closed at $3.951 on Tuesday, April 1st

By Emily Beckett | April 2, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $3.951 on Tuesday, April 1st

Tuesday, April 1st saw the front-month NYMEX Natural Gas contract opened at $4.216, $0.151 cents above Friday’s closing price of $4.119. Recording the intraday high of $4.060 ahead of 10:00AM, […]

Rising Energy Costs and the Solar Energy Solution

By Emily Beckett | April 1, 2025 | Comments Off on Rising Energy Costs and the Solar Energy Solution

For liquid tank terminal managers, the increasing cost of electricity is becoming more of a pressing concern. Terminals, particularly those utilizing pump systems and heated storage, require substantial energy input, […]

Suggestion of Further Tariffs on Buyers of Russian Oil

By Emily Beckett | April 1, 2025 | Comments Off on Suggestion of Further Tariffs on Buyers of Russian Oil

Recap:  The oil market on Monday posted another outside trading session as it retraced some of its early losses and rallied sharply higher after U.S. President Donald Trump suggested that […]

May NYMEX Natural Gas Futures Contract Closed at $4.119 on Monday, March 31st

By Emily Beckett | April 1, 2025 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $4.119 on Monday, March 31st

Monday, March 31st saw the front-month NYMEX Natural Gas contract open at $4.216, $0.151 cents above Friday’s closing price of $4.065. Recording the intraday high of $4.238 at 9:25AM, near-term […]

The Market Remained Supported by the 25% Tariffs on Venezuelan Crude Buyers

By Emily Beckett | March 31, 2025 | Comments Off on The Market Remained Supported by the 25% Tariffs on Venezuelan Crude Buyers

Recap:  The crude market on Friday settled lower and posted an outside trading day after posting an inside trading day on Thursday. Early in the session, the market remained supported […]