Search Results

Search

Sprague Resources LP Provides Updated Guidance Announces Cash Distribution for the Fourth Quarter of 2018 and Fourth Quarter Earnings Conference Call Schedule

By spragueoperati | January 23, 2019 | Comments Off on Sprague Resources LP Provides Updated Guidance Announces Cash Distribution for the Fourth Quarter of 2018 and Fourth Quarter Earnings Conference Call Schedule

Oil prices fell by as much as 3.7 percent on Tuesday

By spragueoperati | January 23, 2019 | Comments Off on Oil prices fell by as much as 3.7 percent on Tuesday

Recap: Oil prices fell by as much as 3.7 percent on Tuesday, as concern over a slowing global economy stepped to the forefront. On Monday, oil prices were slightly higher, […]

February NYMEX Natural Gas Futures Contracts Closed at $3.040 on Tuesday, January 22nd

By spragueoperati | January 23, 2019 | Comments Off on February NYMEX Natural Gas Futures Contracts Closed at $3.040 on Tuesday, January 22nd

Tuesday, January 22nd saw the front-month NYMEX Natural Gas Futures Contracts open at $3.184, nearly thirty cents below Friday’s closing price of $3.482.  With a temporary thaw giving bears a […]

IIR Energy reported that US oil refiners are expected to shut in 1.1 million bpd of capacity in the week ending January 25th

By spragueoperati | January 22, 2019 | Comments Off on IIR Energy reported that US oil refiners are expected to shut in 1.1 million bpd of capacity in the week ending January 25th

Recap: Due to the Martin Luther King, Jr. holiday there are no settlements for Monday, January 21st.  Fundamental News: Oil exports from southern Iraq are holding close to a record […]

The oil market was supported by reports of declining OPEC production

By spragueoperati | January 21, 2019 | Comments Off on The oil market was supported by reports of declining OPEC production

Recap: The oil market traded higher on Friday, supported by reports of declining OPEC production and hopes for a resolution to the US-China trade dispute.  The crude market opened 16 […]

February NYMEX Natural Gas Futures Contracts Closed at $3.482 on Friday, January 18th

By spragueoperati | January 21, 2019 | Comments Off on February NYMEX Natural Gas Futures Contracts Closed at $3.482 on Friday, January 18th

Friday, January 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.246, nearly seventeen cents below Thursday’s closing price of $3.413.  Falling to the intraday low of $3.201 […]

There continues to be concerns of a slowdown in economic growth cutting oil demand

By spragueoperati | January 18, 2019 | Comments Off on There continues to be concerns of a slowdown in economic growth cutting oil demand

Recap: The oil market opened relatively unchanged and traded lower on Thursday in line with US and global equities markets amid the continuing concerns of a slowdown in economic growth […]

February NYMEX Natural Gas Futures Contracts Closed at $3.413 on Thursday, January 17th

By spragueoperati | January 18, 2019 | Comments Off on February NYMEX Natural Gas Futures Contracts Closed at $3.413 on Thursday, January 17th

Thursday, January 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.535, fifteen cents above Wednesday’s closing price of $3.384.  Testing the market’s upper limits early on, the […]

EIA report showed larger than expected builds in gasoline and heating oil stockpiles

By spragueoperati | January 17, 2019 | Comments Off on EIA report showed larger than expected builds in gasoline and heating oil stockpiles

Recap: After climbing higher in overnight trading, oil prices slipped after the EIA report showed larger than expected builds in both gasoline and heating oil stockpiles. Gasoline stocks increase 7.5 […]

February NYMEX Natural Gas Futures Contracts Closed at $3.384 on Wednesday, January 16th

By spragueoperati | January 17, 2019 | Comments Off on February NYMEX Natural Gas Futures Contracts Closed at $3.384 on Wednesday, January 16th

Wednesday, January 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $3.652, fifteen cents above Tuesday’s closing price of $3.501.  Extending to a three week intraday high of […]