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Oil Futures Were Widely Mixed, With U.S. Oil Futures Ending Little Changed

By spragueoperati | September 7, 2022 | 0 Comments

Recap:  Oil futures were widely mixed, with U.S. oil futures ending little changed on Tuesday, as U.S. traders, who were off for a the U.S. Labor Day holiday, reacted to […]

October NYMEX Natural Gas Futures Contract Closed at $8.786 on Friday, September 2nd

By spragueoperati | September 6, 2022 | 0 Comments

Friday, September 2nd saw the October NYMEX Natural Gas Futures Contract open at $9.088, seventeen cents below Thursday’s closing price of $9.262. Marking the intraday high of $9.090 moments after […]

Traders Squared Positions Ahead of the Long U.S. Labor Day Weekend

By spragueoperati | September 6, 2022 | 0 Comments

Recap:  Crude oil futures jumped on Friday as traders squared positions ahead of the long U.S. Labor Day weekend and Monday’s OPEC+ meeting at which members are expected to discuss […]

October NYMEX Natural Gas Futures Contract Closed at $9.262 on Thursday, September 1st

By spragueoperati | September 2, 2022 | 0 Comments

Thursday, September 1st saw the October NYMEX Natural Gas Futures Contract open at $9.153, three cents above Wednesday’s closing price of $9.127. Marking the intraday low of $9.106 within minutes […]

Supply Has Been Slowly Increasing, Largely Due to the U.S. Shale Boom

By spragueoperati | September 2, 2022 | 0 Comments

Recap:  Crude oil futures fell by more than 3% on Thursday, as thoughts of a global economic slowdown instilled demand fear in traders. Western demand for oil, as well as […]

October NYMEX Natural Gas Futures Contract Closed at $9.127 on Wednesday, August 31st

By spragueoperati | September 1, 2022 | 0 Comments

Wednesday, August 31st saw the October NYMEX Natural Gas Futures Contract open at $8.992, five cents below Tuesday’s closing price of $9.042. Trailing downward to mark the intraday low of […]

The Headline Number to the EIA’s Weekly Inventory Report Show a Bullish 3.3 Million Barrel Drop in U.S. Crude Oil Supplies

By spragueoperati | September 1, 2022 | 0 Comments

Recap:  Oil futures fell for the second straight session, down 7.7% over the past two sessions, the largest two-day drop in nearly two months. The headline number to the EIA’s […]

Sprague Resources LP Announces Amendment to Merger Agreement with Hartree Partners and New Anticipated Closing Timing

By spragueoperati | August 31, 2022 | 0 Comments

PORTSMOUTH, N.H., Aug. 31, 2022 (GLOBE NEWSWIRE) — Sprague Resources LP (the “Partnership”) (NYSE: SRLP) today announced that it has entered into an amendment (the “Amendment”) to the agreement and […]

October NYMEX Natural Gas Futures Contract Closed at $9.042 on Tuesday, August 30th

By spragueoperati | August 31, 2022 | 0 Comments

Tuesday, August 30th saw the October NYMEX Natural Gas Futures Contract open at $9.173, sixteen cents below Monday’s closing price of $9.336. Falling to an intraday low of $8.933 by […]

Crude’s Tight Market Has Outweighed Worries in Recent Days That a Global Recession Could Slow Demand

By spragueoperati | August 31, 2022 | 0 Comments

Recap:  Oil tumbled after Iraq’s state marketing company said exports haven’t been affected by violent clashes in Baghdad while low liquidity exacerbated price moves. West Texas Intermediate fell as much […]