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February NYMEX Natural Gas Futures Contract Closed at $3.097 on Thursday, January 11th

By spragueoperati | January 12, 2024 | 0 Comments

Thursday, January 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.988, five cents below Wednesday’s closing price of $3.039. Fluctuating along $3.010 through the session’s opening hour, […]

Sprague Operating Resources Makes History Supplying First Renewable Diesel Retail Station in NYC

By spragueoperati | January 12, 2024 | 0 Comments

BROOKLYN, NY (January 12, 2024) – New York City took a monumental step towards clean air and a sustainable future yesterday, Thursday, January 11th, with the grand opening of the […]

The Market Was Well Supported By News That Iran Seized a Tanker Off the Coast of Oman

By spragueoperati | January 12, 2024 | 0 Comments

Recap:  The oil market on Thursday continued to trade within Monday’s trading range for the third consecutive session as it retraced Wednesday’s losses on escalating tensions in the Middle East. […]

February NYMEX Natural Gas Futures Contract Closed at $3.039 on Wednesday, January 10th

By spragueoperati | January 11, 2024 | 0 Comments

Wednesday, January 10th saw the front-month NYMEX Natural Gas Futures Contract open at $3.006, eighteen cents below Tuesday’s closing price of $3.190. A bearish shift overnight in the impending arctic […]

Yemen’s Houthis Launched Their Largest Missile and Drone Attack to Date on Ships in the Red Sea

By spragueoperati | January 11, 2024 | 0 Comments

Recap:  The oil market on Wednesday continued to trade within Monday’s trading range as it erased its earlier gains and sold off following an unexpected build in crude stocks. The […]

February NYMEX Natural Gas Futures Contract Closed at $3.190 on Tuesday, January 9th

By spragueoperati | January 10, 2024 | 0 Comments

Tuesday, January 9th saw the front-month NYMEX Natural Gas Futures Contract open at $3.114, thirteen cents above Monday’s closing price of $2.980. Trading sideways through 10:00AM near $3.110, prices withdrew […]

Concerns Over Tensions in the Middle East and the Reduced Libyan Output

By spragueoperati | January 10, 2024 | 0 Comments

Recap:  The oil market posted an inside trading day on Tuesday following Monday’s sharp selloff that was prompted by Saudi Arabia’s signal that it aimed to remain competitive in the […]

February NYMEX Natural Gas Futures Contract Closed at $2.980 on Monday, January 8th

By spragueoperati | January 9, 2024 | 0 Comments

Monday, January 8th saw the front-month NYMEX Natural Gas Futures Contract open at $2.753, fourteen cents below Friday’s closing price of $2.893. Touching base with market fundamentals early on, with […]

The Oil Market Sold Off Sharply on Monday on Price Cuts By Saudi Arabia

By spragueoperati | January 9, 2024 | 0 Comments

Recap:  The oil market sold off sharply on Monday on price cuts by Saudi Arabia, the latest sign that fundamentals are worsening. It offset supply concerns generated by escalating geopolitical […]

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By spragueoperati | January 8, 2024 | 1 Comment

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