Search Results

WTI and Brent reached highest levels since 2014

By spragueoperati | May 8, 2018 | 0 Comments

Recap: With Iranian tensions keeping traders on edge, WTI shot through $70 a barrel on Monday, while Brent rose above $76 a barrel. Both blends reached their highest level since […]

June NYMEX Natural Gas Futures Contracts Closed at $2.741 on Monday, May 7th

By spragueoperati | May 8, 2018 | 0 Comments

Monday, May 7th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.745, three cents above Friday’s closing price of $2.711.  Finding value in the recently diminished market, a […]

The US active rig count rose by 9 for the fifth straight week of gains

By spragueoperati | May 7, 2018 | 0 Comments

Recap: Oil prices rose for the third straight day, with WTI rising to its highest level since November 2014 and Brent posting its fourth week of gains, as global supplies […]

June NYMEX Natural Gas Futures Contracts Closed at $2.711 on Friday, May 4th

By spragueoperati | May 7, 2018 | 0 Comments

Friday, May 4th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.723, just below Thursday’s closing price of $2.726.  Climbing to the intraday high of $2.741 out of […]

June NYMEX Natural Gas Futures Contracts Closed at $2.726 on Thursday, May 3rd

By spragueoperati | May 4, 2018 | 0 Comments

Thursday, May 3rd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.732, two cents below Wednesday’s closing price of $2.754.  Trading within a narrow band along $2.725 through […]

Enquest announced it had shut down pipeline systems carrying crude oil to its Sullom Voe Terminal in the Shetland Islands

By spragueoperati | May 4, 2018 | 0 Comments

Recap: Oil prices rose from early losses after Enquest’s announcement it had shut down pipeline systems carrying crude oil to its Sullom Voe Terminal in the Shetland Islands.  The news […]

June NYMEX Natural Gas Futures Contracts Closed at $2.754 on Wednesday, May 2nd

By spragueoperati | May 3, 2018 | 0 Comments

Wednesday, May 2nd saw the front-month NYMEX Natural Gas Futures Contracts open at $2.784, two cents below Tuesday’s closing price of $2.802.  Reaching up to the intraday high of $2.786 […]

Iranian concerns and weakness in the dollar lifted prices off of their lows and into a period of sideways trading

By spragueoperati | May 3, 2018 | 0 Comments

Recap: Wednesday’s reaction to the 6 million barrel build in U.S. crude oil stocks is strong evidence of underlying concern U.S. President Donald Trump will decide to pull out of […]

Sprague Resources LP Announces a revised record date and payment date for the Cash Distribution of the First Quarter of 2018

By spragueoperati | May 2, 2018 | 0 Comments

Portsmouth, NH (May 2, 2018) – Sprague Resources LP (“Sprague”) (NYSE: SRLP)  announced today that the record date and payment date for the distribution of $0.6525 per unit  has been […]

Oil prices fell 2.5% as the dollar strengthened

By spragueoperati | May 2, 2018 | 0 Comments

Recap: Oil prices fell 2.5% as the dollar strengthened, but found support provided by the possibility that U.S. President Trump would instill sanctions against Iran. In overnight trading, prices made […]