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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.

September NYMEX Natural Gas Futures Contract Closed at $2.177 on Wednesday, August 21st

By Emily Beckett | August 22, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.177 on Wednesday, August 21st

Wednesday, August 21st saw the front-month NYMEX Natural Gas Futures Contract open at $2.194, just below Tuesday’s closing price of $2.198. Extending to the intraday high of $2.210 ahead of […]

Why Are Gasoline Prices Higher in the Summer?

By Emily Beckett | August 21, 2024 | Comments Off on Why Are Gasoline Prices Higher in the Summer?

Have you ever noticed that the roads are much more populated in the summer months than in the winter? Economically, with increased demand for fuel to keep families and businesses […]

The Market Appeared to Bounce During the Morning on the News of a Continued Fighting in Gaza

By Emily Beckett | August 21, 2024 | Comments Off on The Market Appeared to Bounce During the Morning on the News of a Continued Fighting in Gaza

Recap:  The oil markets acted nervously on Tuesday. While the overriding theme in the markets continued to be the economic malaise in China and the potential progress in a ceasefire […]

September NYMEX Natural Gas Futures Contract Closed at $2.198 on Tuesday, August 20th

By Emily Beckett | August 21, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.198 on Tuesday, August 20th

Tuesday, August 20th saw the front-month NYMEX Natural Gas Futures Contract open at $2.225, a penny below Monday’s closing price of $2.235. Pulling back prior to the opening bell, the […]

Oil Prices Tumble on Economic Concerns and Diplomatic Developments

By Emerson Doiron | August 20, 2024 | Comments Off on Oil Prices Tumble on Economic Concerns and Diplomatic Developments

Recap:  While the oil markets were on the defensive at the start of trading Sunday night and into early Monday, based on the economic malaise that continued to be reflected […]

September NYMEX Natural Gas Futures Contract Closed at $2.235 on Monday, August 19th

By Emerson Doiron | August 20, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.235 on Monday, August 19th

Monday, August 19th saw the front-month NYMEX Natural Gas Futures Contract open at $2.168, nearly five cents above Friday’s closing price of $2.123. Ascending from the intraday low as markets […]

Less Than Supportive Economic Indicators From China Overshadowed Any Geopolitical Risks

By Emily Beckett | August 19, 2024 | Comments Off on Less Than Supportive Economic Indicators From China Overshadowed Any Geopolitical Risks

Recap:  The oil market on Friday sold off following its inside trading day on Thursday and settled 0.25% lower for the week after less than supportive economic indicators from China […]

September NYMEX Natural Gas Futures Contract Closed at $2.123 on Friday, August 16th

By Emily Beckett | August 19, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.123 on Friday, August 16th

Friday, August 16th saw the front-month NYMEX Natural Gas Futures Contract open at $2.146, five cents below Thursday’s closing price of $2.197. Extending to the intraday high of $2.179 by […]

September NYMEX Natural Gas Futures Contract Closed at $2.197 on Thursday, August 15th

By Emily Beckett | August 16, 2024 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.197 on Thursday, August 15th

Thursday, August 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.219, even to Wednesday’s closing price of $2.219. Rallying early on, prices rose to the $2.250 level […]

U.S. Economic Data Allayed Fears of an Imminent Recession

By Emily Beckett | August 16, 2024 | Comments Off on U.S. Economic Data Allayed Fears of an Imminent Recession

Recap:  The crude oil market posted an inside trading day on Thursday as it retraced some of its losses after U.S. economic data allayed fears of an imminent recession. The […]