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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 […]

A strike in Norway and chaos in Libya raised concern about supply disruptions

By spragueoperati | July 11, 2018 | 0 Comments

Recap: Oil prices rose early in the session on Tuesday, as a strike in Norway and chaos in Libya raised concern about supply disruptions. August WTI worked toward the $75.00 […]

August NYMEX Natural Gas Futures Contracts Closed at $2.788 on Tuesday, July 10th

By spragueoperati | July 11, 2018 | 0 Comments

Tuesday, July 10th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.818, a penny below Friday’s closing price of $2.828.  A brief step up to the intraday high […]

Sprague Charitable Giving – Highlight on the Seacoast Science Center

By spragueoperati | July 11, 2018 | 0 Comments

Sprague is proud to support the Seacoast Science Center’s H2O Today exhibit in 2018! The Seacoast Science Center seeks to inspire conservation of our blue planet through its exhibits and […]

August NYMEX Natural Gas Futures Contracts Closed at $2.828 on Monday, July 9th

By spragueoperati | July 10, 2018 | 0 Comments

Monday, July 9th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.841, nearly two cents below Friday’s closing price of $2.858.  Fluctuating within a three-cent range as markets […]

The U.S. is requesting that Iranian oil exports be reduced to zero by November

By spragueoperati | July 10, 2018 | 0 Comments

Recap: Oil prices were mixed on Monday, with WTI spending most of the session trading to the downside, while Brent, which opened lower, reversed to the upside, never to look back. […]

August NYMEX Natural Gas Futures Contracts Closed at $2.858 on Friday, July 6th

By spragueoperati | July 9, 2018 | 0 Comments

Friday, July 6th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.843, slightly above Thursday’s closing price of $2.837.  Declining initially to slip below $2.835, prices then rose […]

The number of oil rigs increased by 5 to 863

By spragueoperati | July 9, 2018 | 0 Comments

Recap: Oil prices were mixed on Friday, with Brent pressured by global trade tensions and increased Saudi production, while WTI gained support from short covering, after being down almost 2% […]

EIA reported a 1.2 million barrel draw in U.S. crude oil inventories

By spragueoperati | July 6, 2018 | 0 Comments

Recap: Oil prices fell sharply on Tuesday after the EIA reported a 1.2 million barrel draw in U.S. crude oil inventories. This was in stark contrast to Tuesday’s API report, […]