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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.

Strong U.S. Jobs Data Lowered Expectations of the U.S. Federal Reserve Cutting Interest Rates Soon

By Emily Beckett | June 10, 2024 | Comments Off on Strong U.S. Jobs Data Lowered Expectations of the U.S. Federal Reserve Cutting Interest Rates Soon
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 lower and posted a third consecutive weekly loss of 1.9% after strong U.S. jobs data lowered expectations of the U.S. Federal Reserve cutting […]

July NYMEX Natural Gas Futures Contract Closed at $2.918 on Friday, June 7th

By Emily Beckett | June 10, 2024 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.918 on Friday, June 7th
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.

Friday, June 7th saw the front-month NYMEX Natural Gas Futures Contract open at $2.844, two cents above Thursday’s closing price of $2.821. Dipping to the intraday low of $2.791 by […]

The Market Broke its Five-Day Selling Spree on Wednesday on Renewed Hopes That the Federal Reserve Would Cut Interest Rates in September

By Emily Beckett | June 7, 2024 | Comments Off on The Market Broke its Five-Day Selling Spree on Wednesday on Renewed Hopes That the Federal Reserve Would Cut Interest Rates in September

Recap:  The oil market continued to trend higher on Thursday after the market broke its five-day selling spree on Wednesday on renewed hopes that the Federal Reserve would cut interest […]

July NYMEX Natural Gas Futures Contract Closed at $2.821 on Thursday, June 6th

By Emily Beckett | June 7, 2024 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.821 on Thursday, June 6th
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.

Thursday, June 6th saw the front-month NYMEX Natural Gas Futures Contract open at $2.850, nine cents above Wednesday’s closing price of $2.757. Recording an intraday high of $2.877 at 9:35AM […]

Expectations of the Federal Reserve Cutting Interest Rates in September Outweighed the Bearish Oil Inventory Reports

By Emily Beckett | June 6, 2024 | Comments Off on Expectations of the Federal Reserve Cutting Interest Rates in September Outweighed the Bearish Oil Inventory Reports
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 on Wednesday traded off its four-month low posted on Tuesday as expectations of the Federal Reserve cutting interest rates in September outweighed the bearish oil inventory […]

July NYMEX Natural Gas Futures Contract Closed at $2.757 on Wednesday, June 5th

By Emily Beckett | June 6, 2024 | Comments Off on July NYMEX Natural Gas Futures Contract Closed at $2.757 on Wednesday, June 5th
Two men pose at a Sprague Energy trade show table displaying promotional items and a banner about natural gas and electricity services, overlaid with the text 'Natural Gas MarketWatch' in bold white font framed by a red rectangle.

Wednesday, June 5th saw the front-month NYMEX Natural Gas Futures Contract open at $2.670, eight cents above Tuesday’s closing price of $2.586. Recovering from Tuesday’s selloff, which traders are attributing […]

The Crude Market Rallied Higher Following Two Consecutive Days of Losses as the Market Positioned Itself Ahead of the Long Easter Holiday Weekend

By spragueoperati | April 1, 2024 | Comments Off on The Crude Market Rallied Higher Following Two Consecutive Days of Losses as the Market Positioned Itself Ahead of the Long Easter Holiday Weekend
Graphic with the words "Refined Products MarketWatch" in bold white and blue text, centered over a blue-tinted photo of a fuel distribution terminal with a row of white tanker trucks parked under a covered loading area. The image is framed by a red rectangular border, highlighting operational scale and logistics.

Recap:  On Thursday, the crude market rallied higher following two consecutive days of losses as the market positioned itself ahead of the long Easter holiday weekend. It remained supported by […]

May NYMEX Natural Gas Futures Contract Closed at $1.763 on Thursday, March 28th

By spragueoperati | March 29, 2024 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $1.763 on Thursday, March 28th
Graphic with the words "Natural Gas MarketWatch" in bold white and blue text, centered over a blue-tinted photo of two men posing at a Sprague Energy trade show table. The table is covered with branded materials, including rubber ducks and brochures, and a display banner about energy choices stands in the background. The text is enclosed in a red rectangular border.

Thursday, March 28th saw the front-month NYMEX Natural Gas Futures Contract open at $1.738, two cents above Wednesday’s closing price of $1.718. Trading within a tight band near $1.745 leading […]

May NYMEX Natural Gas Futures Contract Closed at $1.718 on Wednesday, March 27th

By spragueoperati | March 28, 2024 | Comments Off on May NYMEX Natural Gas Futures Contract Closed at $1.718 on Wednesday, March 27th
Graphic with the words "Natural Gas MarketWatch" in bold white and blue text, centered over a blurred image of a trading screen displaying financial charts and data. A hand holding a pencil is pointing at the screen. The text is framed by a red rectangular border, and the image has a blue overlay to emphasize a financial market theme.

Wednesday, March 27th saw the front-month NYMEX Natural Gas Futures Contract open at $1.747, four cents below Tuesday’s closing price of $1.788. Recording the intraday high as markets opened, prices […]

Signs That OPEC+ is Unlikely to Change its Output Policy at its Meeting Next Week

By spragueoperati | March 28, 2024 | Comments Off on Signs That OPEC+ is Unlikely to Change its Output Policy at its Meeting Next Week
Graphic with the words "Refined Products MarketWatch" in bold white and blue text, centered over a blue-tinted photo of a Sprague worker wearing a hard hat and safety gear standing in front of a fuel tanker truck. The image is framed by a red rectangular border, emphasizing safety and logistics in refined fuel delivery.

Recap:  The oil market continued to trade lower on Wednesday amid signs that OPEC+ is unlikely to change its output policy at its meeting next week and the unexpected builds […]