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Saudi Arabia’s exports are expected to fall by roughly 100,000 barrels per day

By spragueoperati | July 20, 2018 | Comments Off on Saudi Arabia’s exports are expected to fall by roughly 100,000 barrels per day

Recap: Oil prices were mixed on Thursday, with Brent succumbing to fears of an over supplied market, while WTI held on to Wednesday’s bullish reaction to the EIA report. After a […]

August NYMEX Natural Gas Futures Contracts Closed at $2.721 on Wednesday, July 18th

By spragueoperati | July 19, 2018 | Comments Off on August NYMEX Natural Gas Futures Contracts Closed at $2.721 on Wednesday, July 18th

Wednesday, July 18th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.752, a penny above Tuesday’s closing price of $2.740.  Stepping lower from the intraday high as markets […]

U.S. crude production reached 11 million barrels per day for the first time

By spragueoperati | July 19, 2018 | Comments Off on U.S. crude production reached 11 million barrels per day for the first time

Recap: Oil prices rose on Wednesday, as the surprise 5.8 million barrel build in U.S. crude oil inventories was overshadowed by the unexpected 3.2 million barrel draw in gasoline stocks […]

Both Brent and WTI surpassed Monday’s lows but prices ended above the unchanged level

By spragueoperati | July 18, 2018 | Comments Off on Both Brent and WTI surpassed Monday’s lows but prices ended above the unchanged level

Recap: In comparison to Monday’s activity, it was a lackluster trading session for crude oil futures, as traders turned their attention to the API and EIA reports. Prices began the […]

August NYMEX Natural Gas Futures Contracts Closed at $2.740 on Tuesday, July 17th

By spragueoperati | July 18, 2018 | Comments Off on August NYMEX Natural Gas Futures Contracts Closed at $2.740 on Tuesday, July 17th

Tuesday, July 17th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.777, nearly two cents above Monday’s closing price of $2.759.  Tallying the intraday high as markets opened, […]

August NYMEX Natural Gas Futures Contracts Closed at $2.759 on Monday, July 16th

By spragueoperati | July 17, 2018 | Comments Off on August NYMEX Natural Gas Futures Contracts Closed at $2.759 on Monday, July 16th

Monday, July 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.740, a penny below Friday’s closing price of $2.752.  Trending upward from the intraday low of $2.735, […]

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

By spragueoperati | July 17, 2018 | Comments Off on Expectations of increased output from within and outside OPEC caused prices to collapse

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 | Comments Off on New England Energy Market – Summer Update

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 | Comments Off on Sprague Charitable Giving – Highlight on Community Toolbox

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

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 […]