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Oil Market Volatility: Middle East Tensions, Global Economy Worries, and Extreme Weather Impact

By spragueoperati | January 22, 2024 | 0 Comments

Recap: The oil market traded higher early in the session on Friday but gave up its gains and ended the session in negative territory as the market weighed the Middle East […]

Regulatory Matters – Fourth Quarter 2023

By spragueoperati | January 22, 2024 | 0 Comments

Sprague Regulatory Matters is provided as a courtesy to our customers. Please note that the information contained in Sprague Regulatory Matters is for informational purposes only and should not be […]

February NYMEX Natural Gas Futures Contract Closed at $2.697 on Thursday, January 18th

By spragueoperati | January 19, 2024 | 0 Comments

Thursday, January 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.824, five cents below Wednesday’s closing price of $2.870. Trading marginally higher to record the intraday high […]

Sprague Operating Resources LLC Announces Exclusive Energy Partnership with New York Hospitality and Tourism Association

By spragueoperati | January 19, 2024 | 0 Comments

Portsmouth, NH – Sprague Operating Resources LLC., a leading provider of energy solutions and material handling services across the Northeast, is thrilled to announce its designation as the Exclusive Energy […]

The market was well supported by the IEA forecasting strong growth in global oil demand

By spragueoperati | January 19, 2024 | 0 Comments

Recap: The oil market on Thursday continued to retrace its recent losses and ended the session over 2% higher. The market was well supported by the IEA forecasting strong growth in […]

February NYMEX Natural Gas Futures Contract Closed at $2.870 on Wednesday, January 17th

By spragueoperati | January 18, 2024 | 0 Comments

Wednesday, January 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.778, thirty-five cents below Tuesday’s closing price of $2.900. Falling to an intraday low of $2.763 as […]

The oil market continued to trend lower on Wednesday on concerns over demand following weak economic data from China.

By spragueoperati | January 18, 2024 | 0 Comments

Recap: The oil market continued to trend lower on Wednesday on concerns over demand following weak economic data from China. China’s economy in the fourth quarter expanded by 5.2% on the […]

Oil Prices on Tuesday Reversed Some of the Losses Seen During Monday’s Shortened Trading Session in Observance of the Martin Luther King, Jr. Holiday

By spragueoperati | January 17, 2024 | 0 Comments

Recap: Oil prices on Tuesday reversed some of the losses seen during Monday’s shortened trading session in observance of the Martin Luther King, Jr. holiday, as the market weighed concerns […]

The Market Was Well Supported as Some Oil Tankers Were Diverting From the Red Sea

By spragueoperati | January 16, 2024 | 0 Comments

Recap:  The oil market on Friday breached its recent trading range as it rallied sharply higher. The market was well supported as some oil tankers were diverting from the Red […]

February NYMEX Natural Gas Futures Contract Closed at $3.313 on Friday, January 12th

By spragueoperati | January 15, 2024 | 0 Comments

Friday, January 12th saw the front-month NYMEX Natural Gas Futures Contract open at $3.229, thirteen cents above Thursday’s closing price of $3.097. Supported early on by the impending storm bringing […]