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A white fuel tanker truck with the Sprague logo and the slogan "Energy Makes the Difference" displayed prominently on the side. The truck is parked outdoors under a clear sky.

The Market Positioned Itself Ahead of a Potentially Bullish Impact of a U.S. Interest Rate Cut

By Emily Beckett | September 19, 2024 | Comments Off on The Market Positioned Itself Ahead of a Potentially Bullish Impact of a U.S. Interest Rate Cut
Sprague Energy renewable diesel truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The oil market posted an inside trading day and traded lower on Wednesday following two consecutive days of gains. In overnight trading, the market continued to retrace the gains […]

October NYMEX Natural Gas Futures Contract Closed at $2.284 on Wednesday, September 18th

By Emily Beckett | September 19, 2024 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.284 on Wednesday, September 18th
Commercial kitchen scene with chefs preparing food, overlaid with the text 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Wednesday, September 18th saw the front-month NYMEX Natural Gas Futures Contract open at $2.360, four cents above Tuesday’s closing price of $2.324. Recording the intraday high of $2.364 by 9:30AM, […]

Thousands of Maine Homes, 100% Clean Energy

By Emily Beckett | September 18, 2024 | Comments Off on Thousands of Maine Homes, 100% Clean Energy
Construction site with cranes and workers assembling equipment for a wind energy project; a white truck is parked nearby. Overlaid text reads: “THOUSANDS OF MAINE HOMES, 100% CLEAN ENERGY, Sprague's Wind Projects.”

Harnessing the Power of the Wind In the global quest for sustainable energy solutions, harnessing wind energy stands as a vital component in the transitioning energy landscape. Sprague, an industry […]

The Latest U.S. Retail Sales Data Pointed to a Resilient Economy

By Emily Beckett | September 18, 2024 | Comments Off on The Latest U.S. Retail Sales Data Pointed to a Resilient Economy
Smiling man in a cap and vest stands near a fuel tanker truck with overlay text reading 'Refined Products MarketWatch' in bold white font, framed by a red rectangle on a blue-toned background.

Recap:  The oil market on Tuesday traded higher as the market’s focus turned to the U.S. Federal Reserve’s policy meeting that ends on Wednesday after the latest U.S. retail sales […]

October NYMEX Natural Gas Futures Contract Closed at $2.324 on Tuesday, September 17th

By Emily Beckett | September 18, 2024 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.324 on Tuesday, September 17th
Digital stock market display board over a cityscape background with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Tuesday, September 17th saw the front-month NYMEX Natural Gas Futures Contract open at $2.420, five cents above Monday’s closing price of $2.373. Attaining an intraday high of $2.434 by 9:45AM, […]

The Market Awaits a Likely Cut to U.S. Interest Rates by the Federal Reserve

By Emily Beckett | September 17, 2024 | Comments Off on The Market Awaits a Likely Cut to U.S. Interest Rates by the Federal Reserve
Industrial storage tanks at a fuel terminal with city skyline in the background, overlaid with the text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap:  The oil market on Monday traded higher as it retraced some of its losses seen on Friday, as the market awaits a likely cut to U.S. interest rates by […]

October NYMEX Natural Gas Futures Contract Closed at $2.373 on Monday, September 16th

By Emily Beckett | September 17, 2024 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.373 on Monday, September 16th
Close-up of a blue flame on a natural gas stove burner with overlay text reading 'Natural Gas MarketWatch' in bold white font, framed by a red rectangle.

Monday, September 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.306, nearly even to Friday’s closing price of $2.305. Sinking to an intraday low of $2.276 ahead […]

Hurricane Francine Forced the Evacuation of Production Platforms

By Emily Beckett | September 16, 2024 | Comments Off on Hurricane Francine Forced the Evacuation of Production Platforms
Man in a cap and denim jacket uses a smartphone and tablet in front of a white fuel truck, with overlay text reading 'Refined Products MarketWatch' in bold white font framed by a red rectangle.

Recap:  The crude market on Friday ended the session lower as oil companies in the Gulf Coast were resuming operations after Hurricane Francine forced the evacuation of production platforms. In […]

October NYMEX Natural Gas Futures Contract Closed at $2.305 on Friday, September 13th

By Emily Beckett | September 16, 2024 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.305 on Friday, September 13th
Close-up of a hand pointing a pencil at a digital stock chart with natural gas trading data, overlaid with the text 'Natural Gas MarketWatch' in bold white font framed by a red rectangle.

Friday, September 13th saw the front-month NYMEX Natural Gas Futures Contract open at $2.391, three cents above Thursday’s closing price of $2.357. Recording the intraday high of $2.405 within minutes […]

The Extent of Hurricane Francine’s Impact on Energy Production Began to Emerge

By Emily Beckett | September 13, 2024 | Comments Off on The Extent of Hurricane Francine’s Impact on Energy Production Began to Emerge
Fleet of white fuel trucks parked at a terminal loading facility with overlay text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.

Recap:  The crude market rallied higher on Thursday extending Wednesday’s gains amid concerns over Hurricane Francine’s impact on U.S. output. The market was well supported as the extent of the […]