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June NYMEX Natural Gas Futures Contracts Closed at $2.815 on Wednesday, May 16th

By spragueoperati | May 17, 2018 | 0 Comments

Wednesday, May 16th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.818, two cents below Tuesday’s closing price of $2.836.  Falling to the intraday low of $2.809 soon […]

WTI spent most of the session trading to the downside, while Brent held early gains

By spragueoperati | May 16, 2018 | 0 Comments

Recap: Oil prices were mixed on Tuesday, with WTI spending the better part of the session trading to the downside, while Brent held early gains. After posting a fresh multi-year […]

June NYMEX Natural Gas Futures Contracts Closed at $2.836 on Tuesday, May 15th

By spragueoperati | May 16, 2018 | 0 Comments

Tuesday, May 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.860, nearly two cents above Monday’s closing price of $2.842.  With little change to market fundamentals as […]

Sprague Resources LP Announces Chief Accounting Officer Retirement and Appointment

By spragueoperati | May 15, 2018 | 0 Comments

Portsmouth, NH (May 15, 2018) – Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that John W. Moore is retiring from his position as Vice President, Chief Accounting Officer of […]

A global oversupply of oil has been almost eliminated

By spragueoperati | May 15, 2018 | 0 Comments

Recap: According to an OPEC report put out on Monday, the global oil glut has almost been eliminated; however, its members and outside participants in the cuts continue to operate […]

June NYMEX Natural Gas Futures Contracts Closed at $2.842 on Monday, May 14th

By spragueoperati | May 15, 2018 | 0 Comments

Monday, May 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.813, nearly a penny above Friday’s closing price of $2.806.  Slipping to the intraday low of $2.798 […]

Sprague Resources LP Announces Chief Accounting Officer Retirement and Appointment

By spragueoperati | May 15, 2018 | 0 Comments

Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that John W. Moore is retiring from his position as Vice President, Chief Accounting Officer of its General Partner, a position he […]

US drillers added 10 rigs to their count, bringing the total number to 844

By spragueoperati | May 14, 2018 | 0 Comments

Recap: Oil prices held near multi-year highs despite U.S. energy companies adding to the number of active oil rigs for the sixth straight week. According to Baker-Hughes U.S. drillers added […]

June NYMEX Natural Gas Futures Contracts Closed at $2.806 on Friday, May 11th

By spragueoperati | May 14, 2018 | 0 Comments

Friday, May 11th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.809, slightly below Thursday’s closing price of $2.814.  Starting the day on the back foot, following Thursday’s […]

Analysts at BofA Merrill Lynch put out a report calling for the possibility of Brent reaching $100 dollars

By spragueoperati | May 11, 2018 | 0 Comments

Recap: After posting early gains, oil prices slipped on Thursday as traders decided to take profits after Tuesday’s wild session and Wednesday’s follow through to the upside. The downside was […]