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Expectations of increased output from within and outside OPEC caused prices to collapse

By spragueoperati | July 17, 2018 | 0 Comments

Recap: Brent fell to its lowest level since April 20th, while WTI slipped to a 3-week low, slipping below the 10-day moving average for the first time in as many […]

New England Energy Market – Summer Update

By spragueoperati | July 17, 2018 | 0 Comments

What a difference six months makes.  In early January, we were braving the 2017-18 North American Cold Snap brought on by a “Bomb Cyclone” that delivered arctic temperatures not seen […]

Sprague Charitable Giving – Highlight on Community Toolbox

By spragueoperati | July 17, 2018 | 0 Comments

Sprague is proud to support the 2018 Fix-It Program by Community Toolbox!   Community Toolbox is a small, non-profit organization based in Portsmouth, NH, with a goal to serve neighbors […]

Strike actions in Norway and Iraq caused oil prices to rise on Friday

By spragueoperati | July 16, 2018 | 0 Comments

Recap: Oil prices rose on Friday, lifted by strike actions in Norway and Iraq, however upside potential was limited by the reopening of ports in Libya and sentiment that Iran […]

August NYMEX Natural Gas Futures Contracts Closed at $2.752 on Friday, July 13th

By spragueoperati | July 16, 2018 | 0 Comments

Friday, July 13th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.781, nearly two cents below Thursday’s closing price of $2.797.  Marking the intraday high of $2.791 within […]

The IEA stated that the world’s oil supply cushion could be stretched to the limit

By spragueoperati | July 13, 2018 | 0 Comments

Recap: Oil prices rose in overnight trading after the IEA cautioned that spare supply and output capacity “could be stretched to the limit.” September Brent rose $1.70, or 2.3%, reaching […]

Regulatory Matters – Second Quarter 2018

By spragueoperati | July 13, 2018 | 0 Comments

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 […]

August NYMEX Natural Gas Futures Contracts Closed at $2.797 on Thursday, July 12th

By spragueoperati | July 13, 2018 | 0 Comments

Thursday, July 12th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.815, more than a penny below Wednesday’s closing price of $2.829.  Posting an uncertain ascent to the […]

EIA reported a 12.6 million barrel draw in U.S. crude oil inventories

By spragueoperati | July 12, 2018 | 0 Comments

Recap: Despite the shocking 12.6 million barrel draw in U.S. crude oil inventories, oil prices plunged on Wednesday. The decrease in inventories was offset by a 500,000 barrel per day […]

August NYMEX Natural Gas Futures Contracts Closed at $2.829 on Wednesday, July 11th

By spragueoperati | July 12, 2018 | 0 Comments

Wednesday, July 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.809, two cents above Tuesday’s closing price of $2.788.  Trending upward from the intraday low of $2.802 […]