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Stay current on the latest announcements and news from Sprague - including press releases, product spec sheets, and case studies.
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Market Insights
Heating Oil
Gasoline
Crude
The Oil Market Ended 1.15% Higher Amid the Intensifying Geopolitical Tension in the Middle East
April 11, 2024
Recap: The oil market ended 1.15% higher amid the intensifying geopolitical tension in the Middle East. The oil market traded mostly sideways in overnight trading after the market erased some of its previous gains early in the week. The market traded to $86.02 early in the sessi ...
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Market Insights
Heating Oil
Gasoline
Crude
Hamas Said an Israeli Proposal on a Ceasefire Met None of the Demands of the Palestinian Militant Factions
April 10, 2024
Recap: The oil market posted an inside trading day as it traded lower for a second day on Tuesday, amid continuing talks for a ceasefire in Gaza. While the talks in Egypt have so far failed to reach a breakthrough, Hamas said an Israeli proposal on a ceasefire met none of the de ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.872 on Tuesday, April 9th
April 10, 2024
Tuesday, April 9th saw the front-month NYMEX Natural Gas Futures Contract open at $1.888, four cents above Monday’s closing price of $1.844. Climbing early on to reach an intraday high of $1.924 by 9:45AM, maintenance-induced declines in production provided support. Pulling back ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.844 on Monday, April 8th
April 9, 2024
Monday, April 8th saw the front-month NYMEX Natural Gas Futures Contract open at $1.806, two cents above Friday’s closing price of $1.785. Recording the intraday low of $1.797 ahead of 9:45AM, the contract posted a gradual ascent throughout the day as production remains modest an ...
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Market Insights
Heating Oil
Gasoline
Crude
The Crude Market on Monday Retraced Some of its Previous Gains Amid the News That Israel Was Withdrawing More Soldiers From Gaza
April 9, 2024
Recap: The crude market on Monday retraced some of its previous gains amid the news that Israel was withdrawing more soldiers from Gaza and committing to talks on a potential ceasefire. On Sunday, Israel said it withdrew more soldiers from southern Gaza. The country has reduced ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.785 on Friday, April 5th
April 8, 2024
Friday, April 5th saw the front-month NYMEX Natural Gas Futures Contract open at $1.765, a penny below Thursday’s closing price of $1.774. Slipping to the intraday low of $1.763 soon after the opening bell, reports of continued production cuts then pushed prices higher throughout ...
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Market Insights
Heating Oil
Gasoline
Crude
The Market's Gains Were Limited Early in the Session as the March Payrolls Data Surpassed Expectations
April 8, 2024
Recap: On Friday, the oil market traded higher and posted a week gain of 4.5%. The market remained well supported by the geopolitical tensions in the Middle East after Iran vowed revenge against Israel earlier in the week for an attack that killed high ranking Iranian military p ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.774 on Thursday, April 4th
April 5, 2024
Thursday, April 4th saw the front-month NYMEX Natural Gas Futures Contract open at $1.837, just below Wednesday’s closing price of $1.841. Marking the intraday high of $1.851 within minutes of the opening bell, the contract traded sideways along $1.835 leading up to the weekly st ...
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Market Insights
Heating Oil
Gasoline
Crude
The Oil Market Rallied Sharply Higher in the Afternoon Amid the Intensifying Geopolitical Tensions in the Middle East
April 5, 2024
Recap: The oil market posted an outside trading day on Thursday after the market retraced some of its previous gains early in the session and later rallied sharply higher in afternoon trading amid the intensifying geopolitical tensions in the Middle East. The market traded mostl ...
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Market Insights
Natural Gas
Basis
NYMEX
May NYMEX Natural Gas Futures Contract Closed at $1.841 on Wednesday, April 3rd
April 4, 2024
Wednesday, March 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.896, three cents above Tuesday’s closing price of $1.862. Ascending to the intraday high of $1.906 ahead of 9:30AM, prices soon withdrew as declines in production could no longer buoy a market ...
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