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September NYMEX Natural Gas Futures Contract Closed at $9.680 on Monday, August 22nd

By spragueoperati | August 23, 2022 | 0 Comments

Monday, August 22nd saw the September NYMEX Natural Gas Futures Contract open at $9.863, fifty-three cents above Friday’s closing price $9.336. In response to surging European prices, the contract rose […]

Saudi Energy Minister Said OPEC+ Could Cut Production to Confront Market Challenges

By spragueoperati | August 23, 2022 | 0 Comments

Recap: After falling by more than 3%, oil futures gained traction to slice into losses after the Saudi energy minister said OPEC+ could cut production to confront market challenges. Saudi […]

September NYMEX Natural Gas Futures Contract Closed at $9.336 on Friday, August 19th

By spragueoperati | August 22, 2022 | 0 Comments

Friday, August 19th saw the September NYMEX Natural Gas Futures Contract open at $8.973, twenty-one cents below Monday’s closing price $9.188. Marking the intraday low of $8.935 within minutes of […]

The Market Continued on its Upward Trend in Mid-Day Trading as it Breached its Previous High

By spragueoperati | August 22, 2022 | 0 Comments

Recap:  On Friday, the oil market traded mostly sideways and looked ready to post an inside trading day. However, the market continued on its upward trend in mid-day trading as […]

Sprague Resources LP Announces Anticipated Closing Date of Merger with Hartree Affiliate and Intention to Delist Its Common Units

By spragueoperati | August 19, 2022 | 0 Comments

PORTSMOUTH, N.H., Aug. 19, 2022 (GLOBE NEWSWIRE) — Sprague Resources LP (the “Partnership”) (NYSE: SRLP) today announced that it has notified the New York Stock Exchange (“NYSE”) of the anticipated […]

The Market was Driven Higher by the Momentum from Wednesday’s Bullish EIA Crude Inventory

By spragueoperati | August 19, 2022 | 0 Comments

Recap:  The oil market continued to trade higher on Thursday after it posted an inside trading day on Wednesday. The market was driven higher by the momentum from Wednesday’s bullish […]

The Oil Market on Wednesday Posted an Inside Trading Day

By spragueoperati | August 18, 2022 | 0 Comments

Recap:  The oil market on Wednesday posted an inside trading day after failing to breach its previous trading range. The market posted a low of $85.88 in overnight trading, holding […]

September NYMEX Natural Gas Futures Contract Closed at $9.329 on Tuesday, August 16th

By spragueoperati | August 17, 2022 | 0 Comments

Tuesday, August 16th saw the September NYMEX Natural Gas Futures Contract open at $9.266, fifty-four cents above Monday’s closing price $8.728. Trading within a forty-cent range throughout the day as […]

The Crude Market Looked Ready to Post an Inside Trading Day on Tuesday

By spragueoperati | August 17, 2022 | 0 Comments

Recap: The crude market looked ready to post an inside trading day on Tuesday as it traded within Monday’s trading range early in the session before it sold off later […]

September NYMEX Natural Gas Futures Contract Closed at $8.728 on Monday, August 15th

By spragueoperati | August 16, 2022 | 0 Comments

Monday, August 15th saw the September NYMEX Natural Gas Futures Contract open at $8.520, twenty-five cents below Friday’s closing price $8.768. Losing ground over the weekend due to updated forecasts, […]