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The Market Held Support at its Previous Low and Rallied Higher as the Equities Market Posted Some Gains Early

By spragueoperati | August 9, 2022 | 0 Comments

Recap:  The oil market, which looked ready to post an inside trading day, rallied higher late in the session. The market posted a low of $87.22 early in the morning […]

September NYMEX Natural Gas Futures Contract Closed at $8.064 on Friday, August 5th

By spragueoperati | August 8, 2022 | 0 Comments

Friday, August 5th saw the September NYMEX Natural Gas Futures Contract open at $7.964, sixteen cents below Thursday’s closing price $8.122. Marking the intraday low of $7.934 out of the […]

Oil Futures Settled Higher on Friday, Recouping Some of the Week’s Losses on Strong U.S. Job Growth Data

By spragueoperati | August 8, 2022 | 0 Comments

Recap:  Oil futures settled higher on Friday, recouping some of the week’s losses on strong U.S. job growth data, but finished the week at their lowest levels since February, rattle […]

September NYMEX Natural Gas Futures Contract Closed at $8.122 on Thursday, August 4th

By spragueoperati | August 5, 2022 | 0 Comments

Thursday, August 4th saw the September NYMEX Natural Gas Futures Contract open at $8.247, two cents below Wednesday’s closing price $8.266. Tallying the intraday high of $8.299 within minutes of […]

Oil Prices Were Hammered by the Unexpected Increase in U.S. Crude Oil and Gasoline Inventories

By spragueoperati | August 5, 2022 | 0 Comments

Recap: Oil futures continued to slide on Thursday, with WTI tumbling below $90 a barrel for the first time since Russia invaded Ukraine six months ago. Oil prices were hammered […]

Sprague Resources LP Reports Second Quarter 2022 Results

By spragueoperati | August 4, 2022 | 0 Comments

September NYMEX Natural Gas Futures Contract Closed at $8.266 on Wednesday, August 3rd

By spragueoperati | August 4, 2022 | 0 Comments

Wednesday, August 3rd saw the September NYMEX Natural Gas Futures Contract open at $7.745, four cents above Tuesday’s closing price $7.706. Trading within a ten-cent range of $7.650 through 1:00PM, […]

Oil Futures Began Wednesday’s Trading Session Trading to the Upside but Quickly Plummeted

By spragueoperati | August 4, 2022 | 0 Comments

Recap: Oil futures began Wednesday’s session trading to the upside but quickly plummeted after the EIA reported unexpected builds in both U.S. crude oil and gasoline inventories and after OPEC+ […]

September NYMEX Natural Gas Futures Contract Closed at $7.706 on Tuesday, August 2nd

By spragueoperati | August 3, 2022 | 0 Comments

Tuesday, August 2nd saw the September NYMEX Natural Gas Futures Contract open at $7.960, thirty-two cents below Monday’s closing price of $8.283. Losing ground overnight, updated forecasting models had shed […]

Oil Futures Rose about 0.50% on Tuesday, Trimming a Larger Intraday Gain

By spragueoperati | August 3, 2022 | 0 Comments

Recap: Oil futures rose about 0.50% on Tuesday, trimming a larger intraday gain, as traders worried that this week's meeting of OPEC+ producers may not lead to a further boost […]