COVID-19 Response
Stay current on the latest announcements and news from Sprague - including press releases, product spec sheets, and case studies. Download PDF Reader.

Crude oil prices pared early gains on Thursday

March 27, 2020
Recap: Crude oil prices pared early gains on Thursday after the U.S. Department of Energy ditched plans to buy oil for the Strategic Petroleum Reserve, and after the head of the IEA said global demand could drop as much as 20 million barrels per day, or 20% of total demand, as th ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $1.659 on Wednesday, March 25th

March 26, 2020
Wednesday, March 25th saw the front-month NYMEX Natural Gas Futures Contract open at $1.670, two cents above Tuesday’s closing price of $1.653.  Reaching an intraday high of $1.683 by 9:40AM, prices fell in the following thirty minutes to record the intraday low of $1.638 as mild ... Read More

U.S. oil futures rose on Wednesday

March 26, 2020
Recap: U.S. oil futures rose on Wednesday, supported by a more than 20% drop in U.S. gasoline inventories and progress on the $2 trillion stimulus bill that Congress was expected to pass. Although oil prices received a boost, underlying fundamentals such as oversupply and waning ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $1.653 on Tuesday, March 24th

March 25, 2020
Tuesday, March 24th saw the front-month NYMEX Natural Gas Futures Contract open at $1.668, six cents above Monday’s closing price of $1.602.  Trading gradually higher to an intraday high of $1.676 by 9:30AM, prices traded within two cents of $1.660 through the morning hours.  Sin ... Read More

Crude oil futures rose for the second straight session

March 25, 2020
Recap: Crude oil futures rose for the second straight session, but gains were contained as the coronavirus pandemic’s heavy toll on demand offset hopes for a forthcoming $2 trillion U.S. economic stimulus package. Prices continue to reel from the unexpected price war between Saud ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $1.602 on Monday, March 23rd

March 24, 2020
Monday, March 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.583, two cents below Friday’s closing price of $1.604.  Trading within two cents of $1.595 throughout the morning hours as markets sough direction with the possibility of an approved stimulus pac ... Read More

Oil prices slid in early trading on Monday

March 24, 2020
Recap: Oil prices slid in early trading on Monday, with record low U.S. gasoline prices dragging the rest of the complex lower, as the coronavirus pandemic crippled global demand after travel and industrial activity contracted across the globe in a bid to stem the spread of the v ... Read More
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April NYMEX Natural Gas Futures Contract Closed at $1.604 on Friday, March 20th

March 23, 2020
Friday, March 20th saw the front-month NYMEX Natural Gas Futures Contract open at $1.666, a penny above Thursday’s closing price of $1.654.  Extending to an intraday high of $1.680 within minutes of the opening bell, prices were then directed to trade near the $1.62 level amid mi ... Read More

U.S. prices fell as much as 23% after rising 10% earlier in the session

March 23, 2020
Recap: Oil prices slipped on Friday, with U.S. prices falling as much as 23% after rising 10% earlier in the session as economic stimulus plans failed to offset expectation for a steep fall in demand due to the coronavirus pandemic and the ongoing price war between Saudi Arabia a ... Read More
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A note from our President & CEO, David Glendon

March 20, 2020
Dear customers and partners, As COVID-19 presents unique and unforeseen challenges, we want to reiterate that the health and safety of our employees and customers is our top priority. I also want to assure you that our operations are running uninterrupted to support your en ... Read More
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