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September NYMEX Natural Gas Futures Contract Closed at $2.659 on Tuesday, August 15th

By spragueoperati | August 16, 2023 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.659 on Tuesday, August 15th

Tuesday, August 15th saw the front-month NYMEX Natural Gas Futures Contract open at $2.722, seven cents below Monday’s closing price of $2.795. Marking the intraday high of $2.722 soon after […]

China’s Industrial Output and Retail Sales Data Showed the Economy Slowed Further in July

By spragueoperati | August 16, 2023 | Comments Off on China’s Industrial Output and Retail Sales Data Showed the Economy Slowed Further in July

Recap:   The oil market remained on the defensive and sold off for the fourth consecutive session on Tuesday amid disappointing economic data out of China and fears that China’s unexpected […]

September NYMEX Natural Gas Futures Contract Closed at $2.795 on Monday, August 14th

By spragueoperati | August 15, 2023 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.795 on Monday, August 14th

Monday, August 14th saw the front-month NYMEX Natural Gas Futures Contract open at $2.785, nearly two cents above Friday’s closing price of $2.770. Posting a shaky ascent to an intraday […]

Sprague Operating Resources LLC (Sprague) Introduces Renewable Diesel to NY Metro Area

By spragueoperati | August 15, 2023 | Comments Off on Sprague Operating Resources LLC (Sprague) Introduces Renewable Diesel to NY Metro Area

Sprague Operating Resources LLC (Sprague) Introduces Renewable Diesel to NY Metro Area Low Carbon Liquid Fuels offer immediate, substantial emissions reduction.   New York, NY – August 15, 2023 – […]

Price Pressure Appeared to Come From the News that Nigerian Forcados Crude Exports Resumed on Sunday

By spragueoperati | August 15, 2023 | Comments Off on Price Pressure Appeared to Come From the News that Nigerian Forcados Crude Exports Resumed on Sunday

Recap:  The oil markets spent much of the trading session today on the defensive as the bearish contagion from global equity markets regarding concerns over the sputtering Chinese economy kept […]

September NYMEX Natural Gas Futures Contract Closed at $2.770 on Friday, August 11th

By spragueoperati | August 14, 2023 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.770 on Friday, August 11th

Friday, August 11th saw the front-month NYMEX Natural Gas Futures Contract open at $2.752, a penny below Thursday’s closing price of $2.763. Trending lower through the morning hours to record […]

The Oil Market on Friday Traded Higher and Posted its Seventh Consecutive Weekly Gain

By spragueoperati | August 14, 2023 | Comments Off on The Oil Market on Friday Traded Higher and Posted its Seventh Consecutive Weekly Gain

Recap:  The oil market on Friday traded higher and posted its seventh consecutive weekly gain, matching the longest winning streak since February 10, 2022. The market traded lower in overnight […]

September NYMEX Natural Gas Futures Contract Closed at $2.763 on Thursday, August 10th

By spragueoperati | August 11, 2023 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.763 on Thursday, August 10th

Thursday, August 10th saw the front-month NYMEX Natural Gas Futures Contract open at $2.893, nearly seven cents below Tuesday’s closing price of $2.959. Marking the intraday high of $2.900 early […]

Inflation Increased in July for the First Time in 13 Months

By spragueoperati | August 11, 2023 | Comments Off on Inflation Increased in July for the First Time in 13 Months

Recap:  The oil market on Thursday posted an outside trading day as it sold off following the release of the CPI report, which showed that inflation increased in July for […]

September NYMEX Natural Gas Futures Contract Closed at $2.959 on Wednesday, August 9th

By spragueoperati | August 10, 2023 | Comments Off on September NYMEX Natural Gas Futures Contract Closed at $2.959 on Wednesday, August 9th

Wednesday, August 9th saw the front-month NYMEX Natural Gas Futures Contract open at $2.943, nearly seventeen cents above Tuesday’s closing price of $2.777. Continuing the previous day’s momentum, based on […]