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The Crude Market on Monday Traded Higher as the Russian Government Ordered Producers to Cut Output

By spragueoperati | March 26, 2024 | Comments Off on The Crude Market on Monday Traded Higher as the Russian Government Ordered Producers to Cut Output
Graphic with the words "Refined Products MarketWatch" in bold white and blue text, centered over an aerial view of a waterfront fuel terminal. The image shows large cylindrical storage tanks, pipelines, and a docking area for marine fuel transport. A red rectangular border frames the text, and the entire image has a blue overlay.

Recap:  The crude market on Monday traded higher as the Russian government ordered producers to cut output. The oil market, which posted an inside trading day on Friday, posted a […]

April NYMEX Natural Gas Futures Contract Closed at $1.659 on Friday, March 22nd

By spragueoperati | March 25, 2024 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.659 on Friday, March 22nd
Graphic with the words "Natural Gas MarketWatch" in bold white and blue text, centered over a digital background featuring stock market data, graphs, and numerical tickers. A red rectangular border frames the text, and the entire image has a blue-toned overlay, conveying a financial and analytical theme.

Friday, March 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.668, a penny below Thursday’s closing price of $1.683. In an uneventful day of trading, prices traded […]

Traders Positioned Themselves Ahead of the Weekend Amid the Possibility of a Ceasefire in Gaza

By spragueoperati | March 25, 2024 | Comments Off on Traders Positioned Themselves Ahead of the Weekend Amid the Possibility of a Ceasefire in Gaza
Graphic with the words "Refined Products MarketWatch" in bold white and blue text, centered over a blue-tinted photo of large green fuel storage tanks near a waterfront. The background includes industrial structures, pipelines, and a city skyline, with the text enclosed in a red rectangular border.

Recap:  The crude market on Friday posted an inside trading day as traders positioned themselves ahead of the weekend amid the possibility of a ceasefire in Gaza. On Thursday, U.S. […]

April NYMEX Natural Gas Futures Contract Closed at $1.683 on Thursday, March 21st

By spragueoperati | March 22, 2024 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.683 on Thursday, March 21st
Graphic featuring the words "Natural Gas MarketWatch" in bold white and blue text, centered over a blurred background of a busy commercial kitchen. Chefs in white uniforms prepare food under hanging pendant lights, and the entire image is overlaid with a blue tint and framed by a red rectangular border.

Thursday, March 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.685, a penny below Wednesday’s closing price of $1.699. Knocked down overnight by softening forecasts and the […]

Reports of a U.N. Draft Resolution Calling For a Ceasefire in Gaza

By spragueoperati | March 22, 2024 | Comments Off on Reports of a U.N. Draft Resolution Calling For a Ceasefire in Gaza
Graphic with the words "Refined Products MarketWatch" in bold white and blue text, centered over a blue-tinted photo of a smiling man in a cap and vest standing beside a large fuel delivery truck. The image is framed by a red rectangular border, emphasizing professionalism in fuel logistics.

Recap:  The crude market continued to trend lower on Thursday on reports of a U.N. draft resolution calling for a ceasefire in Gaza. The oil market traded higher in overnight […]

April NYMEX Natural Gas Futures Contract Closed at $1.699 on Wednesday, March 20th

By spragueoperati | March 21, 2024 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.699 on Wednesday, March 20th
Graphic with the words "Natural Gas MarketWatch" in bold white and blue text, centered over the image of a lit gas burner with blue flames. The text is framed by a red rectangular border, and the overall image has a blue color overlay.

Wednesday, March 20th saw the front-month NYMEX Natural Gas Futures Contract open at $1.736, a penny below Tuesday’s closing price of $1.744. Recording the intraday high of $1.737 within minutes […]

Crude Market Retreats Ahead of Fed Rate Policy Announcement and Contract Expiration

By spragueoperati | March 21, 2024 | Comments Off on Crude Market Retreats Ahead of Fed Rate Policy Announcement and Contract Expiration
Graphic with the words "Refined Products MarketWatch" in bold white and blue text, centered over a blue-tinted photo of a Sprague fuel delivery truck. The truck is decorated with city skyline graphics and text promoting renewable diesel. The entire design is framed by a red rectangular border.

Recap:  The crude market on Wednesday erased its recent gains ahead of the April contract’s expiration at the close and as it awaited the Federal Reserve’s interest rate policy announcement. […]

April NYMEX Natural Gas Futures Contract Closed at $1.744 on Tuesday, March 19th

By spragueoperati | March 20, 2024 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.744 on Tuesday, March 19th

Tuesday, March 19th saw the front-month NYMEX Natural Gas Futures Contract open at $1.741, four cents above Monday’s closing price of $1.703. Short-term forecasts calling for increased demand and production […]

The Market Remained Well Supported By the Ukrainian Attacks Against Some Russian Refineries

By spragueoperati | March 20, 2024 | Comments Off on The Market Remained Well Supported By the Ukrainian Attacks Against Some Russian Refineries

Recap:  The oil market rallied sharply higher for the second consecutive session on Tuesday as the market remained well supported by the Ukrainian attacks against some major Russian refineries. Ukraine […]

April NYMEX Natural Gas Futures Contract Closed at $1.703 on Monday, March 18th

By spragueoperati | March 19, 2024 | Comments Off on April NYMEX Natural Gas Futures Contract Closed at $1.703 on Monday, March 18th

Monday, March 18th saw the front-month NYMEX Natural Gas Futures Contract open at $1.729, seven cents above Friday’s closing price of $1.655. Achieving the intraday high of $1.751 prior to […]