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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 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

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

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

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

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

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 […]

October NYMEX Natural Gas Futures Contract Closed at $2.357 on Thursday, September 12th

By Emily Beckett | September 13, 2024 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.357 on Thursday, September 12th

Thursday, September 12th saw the front-month NYMEX Natural Gas Futures Contract open at $2.271, even to Wednesday’s closing price of $2.270. Slipping to record the intraday low of $2.229 by […]

The Market Focused on the Production Shut Ins in the U.S. Gulf Coast Due to Hurricane Francine

By Emily Beckett | September 12, 2024 | Comments Off on The Market Focused on the Production Shut Ins in the U.S. Gulf Coast Due to Hurricane Francine

Recap:  The oil market on Wednesday retraced some of its previous sharp losses and posted an inside trading as the market focused on the production shut ins in the U.S. […]

October NYMEX Natural Gas Futures Contract Closed at $2.270 on Wednesday, September 11th

By Emily Beckett | September 12, 2024 | Comments Off on October NYMEX Natural Gas Futures Contract Closed at $2.270 on Wednesday, September 11th

Wednesday, September 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.240, four cents above Tuesday’s closing price of $2.280. Slipping to an intraday low of $2.254 at […]

Rising to the Occasion: Sprague’s Commitment During American Crises

By Emily Beckett | September 11, 2024 | Comments Off on Rising to the Occasion: Sprague’s Commitment During American Crises

In times of national crisis, ordinary days are transformed into moments that demand extraordinary action. At Sprague, serving our customers has always remained our top priority for our customers, employees, […]

Weaker Demand Offset U.S. Output Disruptions Due to Approaching Tropical Storm Francine

By Emily Beckett | September 11, 2024 | Comments Off on Weaker Demand Offset U.S. Output Disruptions Due to Approaching Tropical Storm Francine

Recap:  The crude market on Tuesday posted an outside trading day, as a weaker demand outlook offset U.S. output disruptions due to approaching Tropical Storm Francine. The market rallied to […]