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Oil Market Surges on Unexpected Drop in Crude Stocks and Decline in U.S. Production

By spragueoperati | January 25, 2024 | Comments Off on Oil Market Surges on Unexpected Drop in Crude Stocks and Decline in U.S. Production

Recap: The oil market traded higher on Wednesday following a larger than expected draw in crude stocks and fall in U.S. crude output. The geopolitical tensions in the Middle East […]

February NYMEX Natural Gas Futures Contract Closed at $2.450 on Tuesday, January 23rd

By spragueoperati | January 24, 2024 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $2.450 on Tuesday, January 23rd

Tuesday, January 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.336, eight cents below Monday’s closing price of $2.419. Similar to the prior session, bearish forecasts to […]

Inside Trading Day Highlighted by Resistance at Highs and Strong Support Despite Global Events

By spragueoperati | January 24, 2024 | Comments Off on Inside Trading Day Highlighted by Resistance at Highs and Strong Support Despite Global Events

Recap: The crude market posted an inside trading day as it failed to breach its previous trading range. The market posted the day’s trading range by mid-day as it bounced off […]

February NYMEX Natural Gas Futures Contract Closed at $2.419 on Monday, January 22nd

By spragueoperati | January 23, 2024 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $2.419 on Monday, January 22nd

Monday, January 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $2.367, fifteen cents below Friday’s closing price of $2.519. Knocked down over the weekend by a bearish […]

Volatile Trading Amid Geopolitical Tensions, Production Resumptions, and Weather-Related Disruptions

By spragueoperati | January 23, 2024 | Comments Off on Volatile Trading Amid Geopolitical Tensions, Production Resumptions, and Weather-Related Disruptions

Recap: The oil market on Monday posted an outside trading day as the market traded lower on news that production at Libya's Sharara oilfield resumed on Sunday after protesters ended a […]

February NYMEX Natural Gas Futures Contract Closed at $2.519 on Friday, January 19th

By spragueoperati | January 22, 2024 | Comments Off on February NYMEX Natural Gas Futures Contract Closed at $2.519 on Friday, January 19th

Friday, January 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.614, eight cents below Thursday’s closing price of $2.697. Recording the intraday high of $2.625 within minutes […]

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

By spragueoperati | January 22, 2024 | Comments Off on Oil Market Volatility: Middle East Tensions, Global Economy Worries, and Extreme Weather Impact

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 | Comments Off on Regulatory Matters – Fourth Quarter 2023

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

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 | Comments Off on Sprague Operating Resources LLC Announces Exclusive Energy Partnership with New York Hospitality and Tourism Association

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 […]